All categories

3 years ago

How do government regulators protect consumers?

2 answers:

8 0

Consumer protection laws are a form of government regulation that aim to protectthe rights of consumers.

Julli [10]3 years ago

5 0

Goverment regulators protect consumers by establishing laws which aim to preserve competition.

On the first hand, competition ensures low prices in the long run. Such situation is benefitial for customers. Companies that offer their products at the most competitive (low) price, are able to attract a larger share of consumers and to maximize their profits. Therefore, companies strive to reduce their production costs and to produce more efficiently (generating more output with the same amount of resources), so that they can lower the market price of their products.

Alternatively, companies might decide to attract customers by producing better quality goods than the ones offered by their competitors. In such situation, the availability of better quality products is also benefitial for consumers.

You might be interested in

4. Why do most people live in the cities and not the rural towns in Africa?

mixer [17]

Explanation:

Generally, people see cities as a very fun, enjoyable and relaxing While rural town is not as relaxing as cities.Since no one want to suffer in a place where ends do not meet, people prefer staying in cities than rural towns.

3 0

3 years ago

With some exceptions, it is a criminal offense for a minor to: a) Purchase alcohol b) Attempt to purchase alcohol c) Possess alc

Olegator [25]

Answer:

e) All of the above

Explanation:

Minors in the U.S. are prohibited by law to purchase, attempt to purchase, possess, or consume alcohol before the legal drinking age. In fact, one of the most common misdemeanors in the U.S. is the possession of alcohol by minors.

Despite the legal efforts, most minors in the U.S. drink alcohol behind closed doors. Consuming alcohol is also illegal for minors but harder to control.

3 0

3 years ago

Jamie, who expects to be less inhibited when she drinks alcohol, will act less inhibited whether she actually drinks alcohol or

rodikova [14]

This phenomenon is called The Expectancy Effect.

<h3>What is The Expectancy Effect?</h3>

The Expectancy Effect is When someone expects a given result, that expectation unconsciously affects the outcome or report of the expected result.

When a participant expects to have a certain kind of outcome they will, without realizing it, change their actions and behaviors to actually get this exact outcome.

In scientific research and psychotherapy, the subject-expectancy effect, is a form of reactivity that occurs when a research subject expects a given result and therefore unconsciously affects the outcome, or reports the expected result. Because this effect can significantly bias the results of experiments (especially on human subjects), double-blind methodology is used to eliminate the effect.

Therefore, we can conclude that the correct option is D.

Your question is incomplete, but most probably your full question was:

Jamie, who expects to be less inhibited when she drinks alcohol, will act less inhibited whether she actually drinks alcohol or drinks a placebo she thinks is alcohol. This phenomenon is called

a. klepto-pyro effect.

b. the lysergic effect.

c. Wernicke-Korsakoff effect.

d. the expectancy effect.

Learn more about Life Expectancy on:

brainly.com/question/4648168

#SPJ4

4 0

2 years ago

How long does it take a rock to be Roach

dezoksy [38]

I'm guessing none? because a rock is not living in the first place

7 0

4 years ago

Why do Cuba's investments in educating and training its workforce fail to produce a corresponding economic growth? Question 3 op

Virty [35]

Why do Cuba's investments in educating and training its workforce fail to produce a corresponding economic growth? Question 3 options:

Answer: poor infrastructure

8 0

4 years ago