There exists unfair pricing policy in a market which is not purely competitive, and the seller may have monopolistic advantage.
<h3>What is unfair pricing policy?</h3>
Unfair pricing policy refers to charging different prices to different consumers for the exact product by a seller due to having a competitive advantage, leading to unfair trade.
Hence, the unfair pricing policy is as defined above.
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Answer: Structured interview
Explanation:
The structured interview is one of the type of method that is used in the quantitative research process that ensure that the order of questions in the interview in similar manner.
It is one of the effective method that is typically introduced to overcome all the disadvantages of the traditional interview method. The main benefit of the structured interview is that it is one of the fastest way for comparing the performance of the candidate.
According to the given question, Sonja prepared the questions for the interview based on the given description of the job and this planning process is known as the structured interview.
Therefore, Structured interview is the correct answer.
Answer:
The correct answer to the following question will be Option B (Moral hazard).
Explanation:
Moral hazard happens whenever one individual takes further chances as the responsibility of such consequences rests with somebody else.
- Fred suffered from some kind of blockage of the nasal tissues that could have been resolved for around 2 months either by a procedure and via medical attention. Fred's doc warned him plainly the problem wasn't serious so he doesn't need an operation.
- However, Fred concentrated on either the blockage becoming surgically removed, becoming mindful that his private policy would fund the full cost of this operation.
The other given options are not related to the given scenario. So that the condition outlined here could be related to the "Moral hazard" issue.
Answer:
Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.