Answer:
b. They reflect the laws and regulations that affect social and economic behavior.
Explanation:
Morals are not universal and vary greatly depending on the underlying culture and religion. Even still in each civilization, there are many grey areas in the concept of morals. One thing that seems to be constant is that they reflect the laws and regulations that affect social and economic behavior. In this scenario, some developing countries believe that using children as a cheaper form of labor is fine since the children are getting paid and therefore, there are no laws prohibiting this action so people see it as morally correct. While other countries that see it as morally wrong have laws and regulations to prevent people from performing such actions. These laws and regulations are a form of dictating social and economic behavior by stating that it is morally wrong.
Answer:
The correct answer is letter "B": Law of demand.
Explanation:
The law of demand establishes an inverse relationship between the quantity demanded of goods and services and their price. If the price increases, the quantity demanded will decrease (<em>the demand curve moves to the left</em>). In case the price decreases, the quantity demanded will increase (<em>the demand curve moves to the right</em>).
The money you still owe to the credit card company
(D)
Answer: Lower quality
Explanation: U.S auto industry comes under the oligopoly market structure with small number of sellers operating at very large scale. In an oligopoly market structure, the firms in the industry compete on the basis of advertising, product differentiation etc. and not on price.
If US auto manufacturers do so, buyers will surely assume that the quality of product offered is lower than others.
