The steps that Janet can take to avoid falling prey to deceptive advertising are the following:
- <em>Know what she wants</em>
- <em>Trust her judgement</em>
- However, if Janet has already fallen prey to deceptive or false advertising, which is illegal, she can file a lawsuit against the company.
- The lawsuit aims to recover damages from the company for misleading her into making a purchase or payment for goods or services whose advertising was deceptive.
- It is generally unethical for a company to mouth a deceptive advertising.
Thus, Janet may not only trust online resources or purchase products from one retailer, she should carry out proper research based on what she wants before trusting her judgement.
Read more about deceptive advertising at brainly.com/question/24271514
To prevent monopolies. The law was also created to make competition in the market place.
Change in quantity supply will lead to a shift in supply curve.
<h3>What is change in supply?</h3>
Change in supply lead to a shift in the supply curve either to the left or right.
This occur in the price to quantity relationship which defines a supply curve.
This change often makes the supply curve becomes steeper and flatter.
Therefore, Change in quantity supply will lead to a shift in supply curve either to right or left.
Learn more on supply curve here,
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Answer: -0.5
Explanation:
From the information given,
Demand curve = P = 600 – Q
Supply curve = P = 0.5Q
Equilibrium = Qd = Qs
Therefore, 600 - Q = 0.5Q
600 = Q + 0.5Q
600 = 1.5Q
Q = 600/1.5
Q = 400
Since P = 600 - Q
P = 600 - 400
P = 200
Price elasticity will be:
= (dQ/dP) × (P/Q)
=(-1) × (200/400).
= -1 × 0.5
= -0.5
The price elasticity is -0.5
