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Elenna [48]
3 years ago
10

Refer to the scenario below to answer the following question(s).Bryant and Anne are the owners of the Good Green Grocer, a small

but successful chain of organic food stores. The organic food sold by Good Green Grocer is of good quality. Also, it is tasty and has long-term health benefits. Bryant and Anne's business has expanded as more and more consumers are interested in eating organic foods. What started as one shop in Vermont has expanded to 15 stores in Vermont, New Hampshire, Massachusetts, and Maine. Much to their delight, Bryant and Ann have found that many people are willing to pay a bit more for food that is organically grown.Sunday ads for the Good Green Grocer run in area newspapers, with special promotional prices offered for a list of the "Top Ten Take Homes" each week. Regular customers of the Good Green Grocer know that the promotional items often run out of stock by mid-week, so the store typically sees its heaviest traffic on Sunday and Monday.-Some customers believe that the Good Green Grocer purposefully runs weekly promotional prices on items that are low in stock, leaving most customers who come to the store hoping for lower prices but unable to buy the out-of-stock sale items. If this were true, then the Good Green Grocer would most likely be accused of ________.
A) using pufferyB) deceptive pricingC) deceptive promotionsD) deceptive packagingE) green washing
Business
1 answer:
nasty-shy [4]3 years ago
7 0

Answer: deceptive pricing

Explanation:

       Overall, the answer could be deduced from the defenitions of those terms.

We can surely exclude green washing, which basically means that the product is sold under "eco", "green" label, when it is not. Puffery is a legal practise, which can not be proven to be true or false; which is clearly not the case in this example.

         Now we are left with three categories of deceptive marketing practices. Deceptive packaging means that the product does not fit the image peceived from its package. This might be the design, the size, the picture of the product, etc. Deceptive promotion means that the information on the ads is inaccurate, partly withhold, or false.  Deceptive pricing means that the seller offers the product at lower price. This can be done by  promoting low price for low-in-stock or out-of stock items and then offering the substituent products of the same category, which are surely more expensive.

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Bob is shopping in Carl’s Hardware Store when a nail gun in use by Dan, one of Carl’s employees, fires without warning and hits
Zanzabum

Answer and Explanation:

In an action based on strict liability, a plaintiff must show that

(1) a product was defective,

(2) the defendant was in the business of distributing the product,

(3) the product was unreasonably dangerous due to the defect,

(4) the plaintiff suffered harm,

(5) the defect was the proximate cause of the harm, and

(6) the goods were not substantially changed from the time they were sold.

A plaintiff does not have to show that there was a failure to exercise due care, and this distinguishes an action based on strict liability from an action based on negligence, which requires proof of a lack of due care. If Bob establishes his case, the court in this problem is most likely to rule in his favor, because the manufacturer is strictly liable in this case. Strict liability allows a plaintiff to recover damages for injuries resulting from product defects without proof of fault.

3 0
3 years ago
Michael corporation manufactures railroad​ cars, which is its only product. the standards for the railroad cars are as​ follows:
adoni [48]

Answer:

$56,000 Adverse

Explanation:

direct materials quantity variance = Aq × Sp - Sq ×Sp

                                                       = (6,500×$16) - ((1,500×2)×$16)

                                                       =  $104,000 - $48,000

                                                       = $56,000 Adverse

More materials were used during the month than was expected thus adverse.

3 0
3 years ago
Clever tests to discriminate between alternative explanations. LaPorta, Lakonishok, Shleifer, and Vishny ("Good News for Value S
yulyashka [42]

Answer:

The answer to the above question is:

"The return patterns around earnings announcement is an example of behaviorial pattern exhibiting as more investors flock to buy the stock which has shown better earnings thus driving up the price. In an efficient market, this information would already be built into the price and thus there would not be any appreciable change in price post earning announcement".

Explanation:

8 0
3 years ago
A sum of K3,000 is borrowed for 2 years at the reducing balance interest rate of 12% p.a. compounded every two-monthly.
kobusy [5.1K]

a) The full loan repayment schedule for the two years is as follows:

<h3>Loan Repayment Schedule:</h3>

Period          PV                   PMT             Interest               FV

1           $3,000.00          $283.68          $60.00          $2,776.32

2           $2,776.32          $283.68          $55.53           $2,548.17

3           $2,548.17           $283.68          $50.96          $2,315.45

4           $2,315.45           $283.68           $46.31         $2,078.08

5          $2,078.08           $283.68           $41.56          $1,835.97

6           $1,835.97           $283.68          $36.72          $1,589.01

Year #1 end

7          $1,589.01           $283.68           $31.78           $1,337.11

8           $1,337.11          $283.68          $26.74           $1,080.17

9           $1,080.17           $283.68          $21.60             $818.10

10            $818.10           $283.68           $16.36           $550.78

11           $550.78           $283.68            $11.02            $278.12

12           $278.12           $283.68            $5.56            $0.00

Year #2 end

b) The balance of the loan at the end of the seventh repayment period is <u>$1,337.11</u>.

c) The total interest paid for this loan is <u>$404.16</u>.

d) If the borrower decides to terminate the loan after the first year, the termination payment should be <u>$1,589.01</u>.

<h3>Data and Calculations:</h3>

N (# of periods) = 12 months (2 x 6)

I/Y (Interest per year) = 12%

PV (Present Value) = K3000

FV (Future Value) = K0

<u>Results</u>:

PMT every two months = $283.68

Sum of all periodic payments = $3,404.16 ($283.68 x 12)

Total Interest = $404.16

Learn more about loan repayment schedules at brainly.com/question/24576997

#SPJ1

4 0
1 year ago
Bade Midwifery's cost formula for its wages and salaries is $1,230 per month plus $240 per birth. For the month of October, the
jasenka [17]

Answer:

wages and salaries activity variance= $1,000 unfavorable

Explanation:

Giving the following information:

Standard:

Fixed= $1,230

Variable= $240 er birth

Actual:

101 births.

The actual wages and salaries for the month was $26,470.

To calculate the activity variance for wages, we need to use the following formula:

wages and salaries activity variance= (actual costs - standards costs)

standards= 1,230 + 240*101= $25,470

wages and salaries activity variance= (26,470 - 25,470)

wages and salaries activity variance= $1,000 unfavorable

7 0
3 years ago
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