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cupoosta [38]
3 years ago
15

Hearth & Home Furniture store advertises bedroom suites at a "Special Low Price of $599." When Ilene tries to buy one of the

suites, Jill, the salesperson, tells her that they are all sold and no more are obtainable. Jill adds that Hearth & Home has other bedroom suites available for as low as $2,599. This is
a. ​a cease-and-desist order. b. bait-and-switch advertising. c. ​counteradvertising. d. ​puffery.
Business
1 answer:
Contact [7]3 years ago
4 0

Answer:

B) bait-and-switch advertising.

Explanation:

Bait-and-switch advertising is considered illegal in the US and many other countries. It happens when a business advertises the sale of a product at a very low price, but when the customers arrive at the store looking for the product, it is no longer available. Instead the store's salespeople offer the customers similar products but at a much higher price.

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A and B formed a partnership, each contributing non-cash assets into the partnership. Partner A contributed inventory with a cur
Veseljchak [2.6K]

Answer:

A and B both are responsible for this result

8 0
4 years ago
Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectively. Sales are 80% cash and
nika2105 [10]

Answer:

Results are below

Explanation:

Giving the following information:

Sales are 80% cash and 20% on account.

Sales:

May= $500,000

June= $680,000

July= $720,000

Cash collection June:

Cash collection from May= (500,000*0.2)= 100,000

Cash collection June= (680,000*0.8)= 544,000

Cash collection June= $644,000

Cash collection July:

Cash collection from June= (680,000*0.2)= 136,000

Cash collection July= (720,000*0.8)= 576,000

Cash collection July= $712,000

3 0
3 years ago
If the price of chocolate-covered peanuts decreases from $1.10 to $0.90 and the quantity demanded increases from 190 bags to 210
sertanlavr [38]

Answer:Price elasticity of demand = -0.05

Explanation:

Price elasticity of demand using the midpoint method= \frac{(Q2- Q1)/(Q2+Q1)/2}{(P2- P1)/(P2+P1)/2}

where  Q =Quantity demanded

P = Price

Price elasticity of demand =  (\frac{(210-190/210+190)/2}{0.90-1.10/ 0.90+1.10)/2}

 =     \frac{20/400)/2 }{ -0.2/2)/2}

0.025/ -0.05 = -0.05

Price elasticity of demand = -0.05

The Price elasticity of demand tells us how much quantity demanded changes in response to a change in price. Here the Demand for a good is  inelastic because  the PED coefficient is less than one -0.05

8 0
4 years ago
Read 2 more answers
A firm must decide whether to construct a small, medium, or large stamping plant. A consultant’s report indicates a .20 probabil
Flura [38]

Answer:

EV(1) = max(46.8, 44.4, 53.6) = 53.6m

Explanation:

Diagram is shown in the attached file

EV(5) =max(42, 48) = 48m

EV(6) =max(46, 50) = 50m

EV(2) =0.20(42) + 0.80(48) = 46.8m

EV(3) =0.20(22) + 0.80(50) = 44.4m

EV(4) =0.20(-20) + 0.80(72) = 53.6m

EV(1) =max(46.8, 44.4, 53.6) = 53.6m

3 0
4 years ago
What has the biggest impact on whether a 4 year university is affordable?
Yuki888 [10]

Answer: Federal aid

Explanation:

Federal aid helps students with the cost of tuition for everyone. It allows for students to keep out of major debt.

4 0
3 years ago
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