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Vesna [10]
3 years ago
6

When Ronaldo bought his new flat-screen television, he was surprised at the cost differences between some of the models. When he

asked the salesperson for help, the salesperson assured him that the lower-end models could display the same high-definition channels as the more expensive ones. Since he was on a tight budget, Ronaldo took the salesperson's advice and bought a cheaper model. Only when he got his TV home did Ronaldo realize that he needed to purchase an expensive converter box in order to actually receive HD channels. Which of the following statements is true about this scenario?
A) The salesperson engaged in deception by lying.
B) The salesperson engaged in deception by falsification.
C) The salesperson engaged in deception by omission.
D) The salesperson engaged in deception by misleading.
Business
1 answer:
Stella [2.4K]3 years ago
4 0

Answer:

c

Explanation:

lie is not the right term to use in this situation because the salesperson didn't really lie its more of he left some facts about the expensive converter box which is best expressed as omission

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A tax of $0.25 is imposed on each bag of potato chips that is sold. The tax decreases producer surplus by $600 per day, generate
Karolina [17]

The tax create a deadweight loss of $15 per day.

<h3>What is tax revenue?</h3>

A tax revenue means the sum derived from tax payers.

Dead weight loss = 0.5 * (P2 - P1) * (Q1 - Q2)

Dead weight loss = 0.5 * 0.25 * 120

Dead weight loss = $15

Hence, the tax creates a deadweight loss of $15 per day.

Therefore, the Option C is correct.

Read more about tax revenue

<em>brainly.com/question/25641320</em>

6 0
2 years ago
cnn.com runs a story reporting that the consumer confidence index has risen. having taken an economics class, you predict that s
klemol [59]

As a result of Consumer Confidence Index rising, spending in the economy will increase and aggregate demand will rise.

Consumer Confidence Index (CCI) refers to how optimistic people are about their finances. When the CCI is high:

  • People are more confident in their finances and the ability to make income in future
  • People will spend more in the economy because they are more confident in their income
  • Aggregate demand will rise as more people demand goods and services

If the CNN is correct in reporting that the CCI is rising, we can expect that spending in the economy will rise and so will aggregate demand.

In conclusion, spending in the economy will increase and aggregate demand will rise.

<em>Find out more at brainly.com/question/9930012. </em>

8 0
3 years ago
1.14 When the wages per worker in the metal-working industry increases, the supply curve of
yuradex [85]

Answer:

false it will shift to the left

6 0
3 years ago
A DuPont analysis is conducted using the DuPont equation, which helps to identify and analyze three important factors that drive
Elena L [17]

Answer:

  • A. Net income / Sales
  • B. Sales / Total asset
  • C. Total asset / Total company equity.

Explanation:

  • The Du Pont analysis is a DuPont identity, equation, and a model and this breaks of the ROI as into three parts by using the formula as profit margin that is net profit/sales. Its multiplied by the sales or the average total assets into total companies equity and thus measures the profit and asset margins and the financial leverages.
7 0
4 years ago
Carpenters​ Company, a manufacturing​ company, acquired equipment on January​ 1, 2017 for $ 500 comma 000. Estimated useful life
svlad2 [7]

Answer:

$46,571

Explanation:

The cost price is $500,000

The residual value  is $ 11,000

Useful life is 7years

The depreciable amount will be cost price -residual value

=$500,000 - $11,000

=$489,000

Depreciation expense per year on the straight-line method will be

=$489,000/7

=$69,857. 14

After three years, the total depreciable amount will be 69,857.14 x 3

=$209,571.42

New book value after three years will be 489,000 - 209,571.42

=$279,428.58.

Useful has been adjusted to nine years.  Three years have passed. Four years remain plus two added years meaning six years to go.

Depreciation from the 4th year will be

=279,428.58/6

=$46,571

8 0
4 years ago
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