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k0ka [10]
4 years ago
10

2-3 personal experience of exploitation as a consumer

Business
1 answer:
Scilla [17]4 years ago
3 0

Answer:

<u>Explanation</u>:

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.

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Answer:

D. $144

Explanation:

With this method the last merchandise entered is the first to come out of existence.

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The cost of selling these 6 units corresponds entirely to the cost of the purchase of May 17.<em> It does not matter that there</em> are still 2 unsold units of the previous purchase in the warehouse since we are using the LIFO method. So 6 units x $24 = $144

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3 years ago
You are a monopolist that sells textbooks to undergraduate students. Currently you sell 100 books at a price of $100 each, for r
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Consider the following calculations

Explanation:

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0.5 = % Decrease in quantity demanded / 10%

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3 years ago
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c. To focus on establishing a brand name

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