Answer:
To be informed.
Explanation:
By the late 50's, US citizens had little to none defense against faulty products, factory defects and other issues. The consumer Bill of Rights was a response from the Federal Government against malicious business practices.
One of the 4 original rights, is the right to be informed. This states that any business is obligated to provide the customer enough information about the product, its functioning and features, so he/she can make a fully informed purchase.
This information provided by the business should always be clear, true and faithful.
In 1985, 4 other rights were added to the bill. Until now it has 8:
- The right to safety
- The right to be informed
- The right to choose
- The right to be heard
- The right to satisfaction of basic needs
- The right to redress
- The right to consumer education
- The Right to a Healthy Environment
Answer:
a curved line; diminishing marginal returns
Explanation:
Specific Factors Model is simply a model answers the question below: How trade affect the earnings of labor, land and capital, We turn our focus to the Home and Foreign countries with slightly different assumptions. Its assumptions includes
A. countries: Home and Foreign
B. 2 goods: Manufactured goods and Agricultural goods
C. 3 factors: Labor, Land and capital. Manufacturing sector uses labor and capital only, while the agricultural sector uses land and labor only. (specific factors). And others.
The model givves new perspectives on the sharing of the profits from trade within a country.
The Circular flow diagram is an optical representation of the economy that shows how dollar flows through the market.
<u>Explanation:</u>
- The market in terms of goods and services where people will purchase goods and services. In terms of factors of production where the company or concern purchase the factors of production from the households.
- The companies sell the goods and services that they have produced where the people buy the product and revenue is paid. In the deal of money flows from company to household as a wages or salary.
- The diagram explains the roles and it would help us to understand how the economy is organized.
This question is incomplete. The complete question should be:
How do interest groups and political parties differ?
a) Political parties nominate and formally run candidates for public office, while interest groups do not.
b) Political parties consist of people with common goals, while interest groups do not.
c) Political parties address a narrower range of issues than interest groups.
d) Political parties are usually smaller than interest groups.
Answer:
a) Political parties nominate and formally run candidates for public office, while interest groups do not.
Explanation:
An interest group consists of people with similar interests that try to influence the government to make decisions that are in line with their interests. They are <u>usually smaller than political parties and handle fewer issues than political parties.</u>
A Political party consists of a group of people with a common goal that <u>nominate candidates from among themselves to run for public office.</u>
The answer to the question asked above is D. a monk