Answer:
Deception
Explanation:
False advertisement is the use of false, misleading, or unproven information to advertise products to consumers. For Example, one type of false advertising is to claim that a product has a health benefit or contains vitamins or minerals in their product whereas actually it does not. This is called "Deception".
Deceptive advertising, also known as false advertising, The use of confusing, misleading, and untrue statements when promoting a product.
If the product representation creates a misleading impression in the mind such as to the price, value or the quality of any goods and services then the behavior is likely to breach the law.
Advertising law will protect consumers from deceptive advertising through the enforcement of specific legislation.
If the scale of it were able to provide a more reliable
measure, it is expected that the score of the person in the scale would have
caused or resulted into a more relatively stable from his or her day to day
life or daily life.
Answer:
the marginal propensity to consume is 0.75
Explanation:
The computation of the marginal propensity to consume is shown below:
MPC = Change in consumption ÷Change in disposable income
where,
The Change in consumption is 1500
ANd, the Change in disposable income is 2000
So,
MPC is
= $1,500 ÷ $2,000
= 0.75
hence, the marginal propensity to consume is 0.75
Answer:
The gross profit margin of Candy Company is 65% (second option)
Explanation:
The gross profit margin is defined as:
Mg = (sales - costs) / price of sales
If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:
Mg = ($320,000- $112,000) * 100% / $320,000 =
Mg = $208,000 * 100% / $320,000 = 0.65 * 100%
Mg = 0.65 * 100%
Mg = 65%
Market economy is the economic system which private businesses can operate freely with minimal state control
