Answer:
Scientific/technical evidence
Explanation:
When an advertiser cites technical information, such as the results of laboratory studies, in an advertisement, a scientific/technical evidence style of execution is being used. This information is much important for the customers for certain products and services. For example, Toothpaste making companies use to highlight that their toothpaste has been approved by certain dental associations and some highly useful and recommended chemicals also present in their toothpaste which are very useful for the protection of teeth and gums. Likewise, when shampoo making brands highlight use of certain chemicals in their ads etc.
Answer:
Identify whether each of the following events in this scenario occurs in the factor market or the product market.
Suppose Cho earns $625 per week working as work as a flight attendant for Flyaway Airlines.
She uses $8 to buy a box of aspirin at Pillmart Pharmacy.
Pillmart Pharmacy pays Bob $200 per week to work the cash register.
Bob uses $150 to purchase air travel to Hawaii from Flyaway Airlines.
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply.
- The $150 Bob spends to purchase air travel to Hawaii from Flyaway Airlines
Product markets basically refer to transactions involving goods and services purchased by consumers. Factor market involve factors of production, e.g. labor and capital.
The United States Federal Reserve System controls the money supply and also monetary policy in the United States including the buying of selling of U.S. Treasury bonds to influence the money supply.
The Consumer Financial Protection Bureau (CFPB) is a governmental agency in the U.S whose aim is to protect the consumers through the management of financial products and services- credit cards and the like. Other objectives include acquainting the people of clever financial decisions.
<em>Answer: The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources</em>
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<em>Explanation:</em>
