Answer: The correct answer is 1) They help prosecute companies that sell unsafe products to consumers. And 4) They help consumers identify the best product reviews from various sources.
Explanation:
Consumer programs are all those that were created to provide the customer with the correct information about the products and their quality.
Nowadays, with the competition between the companies that present the same product, the client can feel confused about what product to consume. Still, through the consumer programs, the person can choose the best product depending on the program review, but in this way, You will be sure to select the right product based on your needs.
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There are different types of banks according to their classification. There are seven major type of banks that exist including retail, corporate, commercial, exchange, industry, cooperative and central.
Explanation:
1. A bank that specializes in retail or consumer banking in a local market.
Commercial Bank
This type of bank is based on shoort term credit and ease of withdrawal.
II. A bank that engages in a complete array of wholesale commercial banking activities and usually also provides retail banking services.
Industrial banks
These banks have large capitals that they invest in commercial activities.
III. A bank that is located in a financial center and relies on nondeposit or borrowed sources of funds for a significant portion of its liabilities.
Central Bank
these banks are often regulated and controlled by the government of the country.
Answer:
A) shut down; losses; $15,600
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. Firms earn zero economic profit in the long run.
If in the short run, price is less than average variable cost, the firm should shut down. In this question, price ($10) is less than average variable cost ($18). The firm should shut down in the short run.
Profit or loss = Total revenue - Total cost
($10-$23) x 1200 = -$15,600
The firm is earning a loss because average total cost in greater than price.
I hope my answer helps you
<u>Answer:</u>
<u><em>Lifestyle</em></u>
<u>Explanation</u>:
Note that Consumer A enjoys hunting and fishing, while Consumer B likes toplays golf weekly. Put simply, their lifestyle financially is what segments them altogether because they differ in what each likes.
Remember, Market segmentation involves dividing a market of consumers by a marketer into groups based on certain attributes such as their lifestyle, buying behaviour etc.
D. leniency is based on when somebody rates an employee too high. Strictness error is when somebody was rated very very low.
