In an economic system with monopolies and cartels that fix the price of goods, the end result for consumers is that consumers are given worse choices and pay a higher price. This is a result of the lack of competition in the market that would drive prices down and offer more choices to consumers.
Answer:
Situational influence.
Explanation:
Situational influences are temporary conditions that affect buyers. Just as the exercise describes, Diane is affected by a temporary and casual condition: a long queue. Therefore, she decides to go to another store. Situational influences can be social, physical or time factors or the buyer's mood. For example, an anxious or hurried person won't be waiting in a long checkout.
Answer:
Solar energy from the Sun's rays is absorbed by the Earth's land and water surfaces.
Answer:
--helps bind people together by creating bonds of mutual obligation.
---is only appropriate when people do not expect anything in return for their gift.
Explanation:
Reciprocity is the act of giving a person a gift without expecting something in return. Generalized reciprocity creates a moral obligations among the people in the society. This is usually practiced among common friends and people who are closely attached to one another.
When there is a reciprocity, a smile or love or kindness or thank you is always included in the exchange. It binds the people together and bring them close top each other in the society by binding them with mutual obligations.
