<span>While
the new helmets
decrease the probability of a serious head injury resulting
from a bike accident, they also incentivize cyclists to ride less safely, which
could
increase the number of bike accidents and thus head injuries to cyclists
</span>
<span>Although the new helmets reduce the
probability of head injuries, such an outcome changes the incentives of
cyclists by making them less cautious</span>
Explanation:
1. Because marketing of goods must comply with current marketing practices. Trends and consumer perceptions must be maintained. It is important.
This refers to the acquisition, distribution, and marketing of goods, services or trademarks, such as advertisement and market analysis, and the production of the products for customers or end-users.
2. An example of an economic good and an economic service :
Economic goods: cars, furniture, television, and clothing
Economic services: cooking a hamburger, cutting hair
<span>They have to use reasonable care to warn about hidden risk. These are the dangers that might not be totally foreseeable at a location, but still need to be brought to light in case they do take place. The business needs to make sure that the ordinary person, exercising the average level of judgment, would not do something that would lead to injury or damage in some way.</span>
