All categories

3 years ago

2-3 personal experience of exploitation as a consumer

Business

1 answer:

Scilla [17]3 years ago

3 0

Answer:

Explanation:

Exploitation often involves a denial of an individual's right (in this case a consumer's right).

Consumers are often exploited in this three areas:

Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.

High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.

False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.

You might be interested in

At BCD car wash, when a customer arrives, he or she first checks in with a receptionist and then leaves the car to one of severa

Dimas [21]

Answer:

10 minutes

Explanation:

Data provided in the question

Reception taking time = 3 minutes

Car wash taking time = 5 minutes

Paying the cash register taking time = 4 minutes

Returning to car and leaving taking time = 2 minutes

So, the theoretical flow time in minutes is

= Reception taking time + maximum time of car wash and paying the cash register + returning to car and leaving taking time

= 3 minutes + 5 minutes + 2 minutes

= 10 minutes

5 0

3 years ago

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrate

Brilliant_brown [7]

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of the law of diminishing marginal utility.

The introductory economics textbook Principles of Economics was written by N. Gregory Mankiw, a professor of economics at Harvard.

As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.

More than a million copies have now been sold, bringing in at least $42 million for Mankiw.

Mankiw made the decision to donate the textbook royalties he had been collecting from his students to charity after hearing their concerns about the cost.

Principles of Economics is the required text for introductory courses in American economics departments.

It is the "most commonly used economics textbook," according to its current publisher Cengage.

To learn more about Principles Of Economics here

brainly.com/question/17195696

#SPJ4

3 0

2 years ago

How is the value of a product determined?

svetoff [14.1K]

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

5 0

3 years ago

As one increases the number of periods used in the calculation of a moving average,a.greater emphasis is placed on more recent d

lesya692 [45]

As one increases the number of periods used in the calculation of a moving average, less emphasis is placed on more recent data. Therefore the answer is letter B. This is because moving average is derived from successive segments of a series of values. As the number of periods increase, the effect of recent data gets less significant.

7 0

3 years ago

Laminated wood is sometimes used in the construction of highly stressed aircraft components. This wood can be identified by its

Marta_Voda [28]

Answer:

Increased resistance to deflection or external force.

4 0

3 years ago