Answer:
ask the mechanic to document their findings
get a vehicle-history report online to look for evidence of odometer tampering
write a letter or email to the dealer, with copies of relevant documents
report the incident to the Better Business Bureau and your state attorney general
Explanation:
First of all, tampering the odometer is a federal crime. The first thing you need to do is gather evidence and go to the police. You can do this by asking your mechanic to document any alteration and looking for other evidence online also helps. E.g. if you buy a car that is 10 years old and the odometer records only 10,000 miles, you should be suspicious (plain common sense).
I doubt that writing an email works, but you could be lucky and get a favorable response from the dealer. Or more importantly, it can be used as evidence that the dealer was aware of the fraud and didn't do anything to correct it.
Reporting this incident to the Better Business Bureau can help prevent that other people are tricked by the dealer, but as soon as you have evidence of what happened you should report the crime.
In a perfectly competitive market, every seller takes the price of its product as set by market conditions.
<h3>
What is a Perfect Competitive Market?</h3>
Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information and no transaction costs. There are a large number of producers and consumers competing with one another in this kind of environment.
Perfect competition is a market structure where many firms offer a homogeneous product. Because there is freedom of entry and exit and perfect information, firms will make normal profits and prices will be kept low by competitive pressures.
<h3>What are some examples of Perfectly Competitive Markets?</h3>
3 Perfect Competition Examples
- Agriculture: In this market, products are very similar. Carrots, potatoes, and grain are all generic, with many farmers producing them.
- Foreign Exchange Markets: In this market, traders exchange currencies.
- Online shopping: We may not see the internet as a distinct market.
Thus, we can say that the correct option is B.
Learn more about Perfectly Competitive Markets on:
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Those decisions should be based on COSTS AND BENEFITS.
In making decision on which course to follow, the decision made will be based on the costs of the products involved and the benefits that each one of them has to offer. The product with the lowest cost and the highest benefits should be chosen.
Major benefits of business in the local economy include a boost in employment and discretionary income in the community, tax income increases for local governments and a loyal customer base for businesses.
