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lakkis [162]
3 years ago
6

Acme Products manufactures and markets a product called Grow Tall. Acme claims in its advertising that Grow Tall will make its u

sers grow a minimum of six inches taller than their current height. The Federal Trade Commission (FTC) will likely find that the ad is
Business
1 answer:
adoni [48]3 years ago
8 0

Answer: a. deceptive, and the FTC may issue a cease-and-desist order.

Explanation:

A product that can increase human height by 6 inches sounds highly improbable and so is deceptive to people.

The Federal Trade Commission in it's role as a protector of Consumers from.unfair and deceitful practices in Commerce can act against Acme to stop them from deceiving the consumer.

One of the ways that the FTC can do this is by issuing a Cease and Desist order to Acme and if they fail to do so, can then take them to Court.

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According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount:
Mariana [72]

Answer:

Correct answer is (B) consumption and investment both decrease.

Explanation:

when government spending increases and taxes increase by an equal amount there will be decrease in both consumption and investment.

7 0
3 years ago
What are the advantages and disadvantages of making small, frequent purchases from just a few suppliers?
Reil [10]

Answer: The small frequent purchases means purchasing small budget goods and services in a short duration.

Explanation:

Advantages of small frequent purchases: It reduces the inventory levels.

Disadvantages of small frequent purchases: It increases the inbound transportation costs.

Using fewer supplier means to fill up the delivery transportation to its capacity of loading so that goods can be delivered at low transportation cost.

6 0
3 years ago
Athena Company provides employee health insurance that costs $15,100 per month. In addition, the company contributes an amount e
weqwewe [10]

Answer:

Debit to Employee Benefits Expense $21,140

Explanation:

Preparation of Athena Company entry to record the accrued benefits for the month

Using this formula

Accrued Expenses = Gross salary ×Percentage of the amount contributed+ Insurance cost

Let plug in the formula

Accrued Expenses= $151,000 × 0.04

= $6,040 + $15,100

= $21,140

Debit to Employee Benefits Expense $21,140.

Therefore the entry to record the accrued benefits for the month would include a: Debit to Employee Benefits Expense $21,140.

5 0
3 years ago
The learning curve is:_______
never [62]

Answer:

Option C, Shows the decrease in unit cost as more of the same product is produced over time, is the right answer.

Explanation:

Option C is the correct answer because the learning curve shows the relationship between the cost of the production and output over the time period. Moreover, this curve shows the cost savings when more output is produced over time. The same can be seen in option C that the cost decreases when output rises which means there is a cost-saving.

5 0
3 years ago
Identify a cost driver that may be used to assign each cost pool to each line of snowmobiles. Budgeted Costs Cost Driver Machine
Norma-Jean [14]

Explanation:

The identification of the cost driver is presented below:

This identification is required so that the indirect cost can be allocated according to the each cost pool

Machine setup, indirect materials = Number of setups

Inspections = Number of inspections

Test = Number of test

Insurance, plant = Machine hours or square feet

Engineering design = Engineering Hours

Depreciation, machinery = Machine hours

Machine setup, indirect labor = Number of setups

Property taxes = Machine hours or square feet

Oil, heating = Machine hours or square feet

Electricity, plant lighting = Machine hours or square feet

Engineering prototypes = Engineering Hours

Depreciation, plant = Machine hours or square feet

Electricity, machinery  = Machine hours

Machine maintenance wages = Number of machines or machine hours

7 0
3 years ago
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