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V125BC [204]
3 years ago
11

Consumer protection is an important issue, but how much responsibility should the government have in protecting consumer? There

are many products that pose a health hazard yet are legal. Choose one of the following examples and explain whether or not you think that the government should ban the product.
Cigarettes
Beer, wine or liquor
Fast food
Business
1 answer:
Monica [59]3 years ago
6 0

Questions like how much a government should regulate certain forces in society becomes a slippery slope argument. In other words how far is too far? For example, cigarettes impacted society on a large enough scale that they were regulated.

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What does the investment component of GDP measure? a. spending on domestically produced goods by foreign buyers b. spending by h
viktelen [127]

Answer:

1) The correct answer is letter "C": spending on goods to be used in future production.

2) The correct answer is letter "B": is considered unsold inventory and counted as a part of investment in current GDP.

Explanation:

1) The Gross Domestic Product (GDP) considers four (4) components: <em>Consumption, Investment, Government, </em>and <em>Net Exports</em> (exports-imports). Investments refer to all goods that are purchased to produce other goods in the future. Final goods to be used or to replace others do not fall into this category.

2) The output of a company is computed within the GDP. Even if the output is not sold after production but it is recorded as part of an organization's inventory, it will be considered in the calculation of the GDP of the year when the production of the good took place.

6 0
3 years ago
How does capital play an important role in the other factors of production?
OverLord2011 [107]

Answer:

Capital is an important factor of production because it's what allows labor and land to be purchased.

Explanation:

capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery.

7 0
3 years ago
Read 2 more answers
How many questions does Brainly let you ask ???
crimeas [40]

Answer:

Depends on the amount of points you have, as long as you have 10 points at all times you can always a question. It is pretty much unlimited until you run out of points, once you run out you can always answer someones questions to get more points to ask more questions!

Explanation:

5 0
3 years ago
The only deposits of a rare and sought-after mineral known as ursarite are found in Russia. Since no other nation has deposits o
fomenos

Answer: Russia has an absolute advantage in the mineral.

Explanation:

Absolute advantage is an economics term that means to the ability of an individual, firm, or nation to manufacture a larger quantity of a product than its competitors. 

Adam Smith proposed absolute advantage of absolute advantage in international trade by using only labor as the input. Absolute advantage is derived by comparing labour productiveness between countries.

Russia has an absolute advantage because it's the nation that can produce the highest amount.

4 0
3 years ago
the tendency of naive investors to buy high (after prices have risen for several periods) and sell low (after prices have droppe
Dominik [7]

The tendency of naive investors to buy high (after prices have risen for several periods) and sell low (after prices have dropped for several periods) can be explained by the behavioral tendency known as anchoring.

<h3>What does anchoring in purchasing behavior mean?</h3>

A behavioral finance heuristic known as "anchoring" refers to the unconscious use of unimportant information, such as the price at which a security was purchased, as a fixed reference point (or "anchor") for making decisions about that security in the future.

The cognitive bias known as "anchoring" occurs when the mere existence of an initial number has an outsized impact on later decision-making. The TV's exorbitant cost acts as an anchor that encourages buyers to spend more money than they intend to. By announcing a lower price after stating a price, the anchoring effect in making purchase decision is activated. Customers will view the higher price as being more comparable to the original, lower price than the alternative prices being provided.

To learn more about purchase decision, visit:

brainly.com/question/26517026

#SPJ1

4 0
1 year ago
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