The sales representatives told customers the advertised bike was on back order, and always encouraged them to purchase a $799 bicycle. This is known as a bat-and-switch take place when a seller creates an apealling.
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What is advertisement?</h3>
In order to promote the sales, advertisement is an effective tool in the hands of entrepreneur.
Advertisement imparts the necessary information to the consumers regarding the products and services available in the market. There can be various kinds of advertising techniques and one such technique is Persuasive advertising.
Persuasive advertising not only provide the consumer with the information regarding the product but also shows the product in positive light as to convince the consumer about that buying the specific product is beneficial.
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I believe it all eventually came down to the segment of the consumers that they want to target. Private brands tend to had higher cost of production which will increase the end price for the customers. Since manufacturing company could mass produce, the cost would tend to be lower and reduce the end price for the customers.
Although they frequently don't, House of Pancakes employees pretend to like their employer. These workers are performing emotional labor known as surface acting.
When someone engages in surface acting, they don't truly strive to experience the emotions they want to portray; instead, they fake the necessary feelings. They might put on "false smiles" or other necessary emotional displays that don't accurately represent how they really feel.
You are surface acting if you feel one feeling and try to express a different one. Imagine you have a stressful commute and arrive at work. Even though you're still not in a particularly good mood, you might put on a false smile for a coworker as you get your morning brew.
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The answer is c. Be equal to the equilibrium wage.
A pure-monoply means that a company does not have to compete with other producers within the market. Since they aren't competing with a good or service, they aren't competing with each others customers either. When a company does not have to compete on price/customers they may end up being greedy and have market failure.
