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Tcecarenko [31]
3 years ago
15

Eliza took her car to her regular mechanic, who had a private business. The mechanic often advertised on billboards, writing "Re

liable fixes
and low costs" and "The cheapest prices." After getting her engine checked, she incurred over $2,000 in costs. Out of curiosity, she went to
a competing private firm that also fixed cars, and the private firm said that she paid significantly more to her mechanic than the costs of both
the parts and labor. Eliza sued her mechanic, alleging that she had been misled by her mechanics advertisements. The court applied the
Central Hudson test, and found the mechanic’s advertisements were misleading. The mechanic argued that pursuant to his first amendment
rights, his speech was protected, especially because they were generalizations that should not have been taken literally. The court ruled in
favor of Eliza, ordering the mechanic to pay Eliza for damages and to take the advertisements down.

But what if the facts of the case were different? Select the appropriate set of facts below that would change the outcome of the case.

a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question
was more extensive than necessary to protect the public interest.

b) The court found that the advertising in question constituted commercial speech.

c) The court found that the advertisements in question did not advance the state’s interest.

d) The court finds that the speech in the advertisements is not misleading, but that the state’s interest would be advanced if the advertising in question were restricted
Business
2 answers:
AysviL [449]3 years ago
4 0

Answer: a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question was more extensive than necessary to protect the public interest.

Explanation: An advertisement is a notice or action promoting a product or service and soliciting patronage.

When there is no regulation of an advert, abuse is expected. Protecting the public interest is important as advertisement may be misleading if there are no extensive rules.

In a situation whereby the mechanics advertisement was found not to be inherently misleading, a different verdict may have been given.

pickupchik [31]3 years ago
4 0

Answer:

<em>a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question  was more extensive than necessary to protect the public interest.</em>

Explanation:

The circumstances seemed distinct and by endorsing Eliza the court handed down a decision. However it is up to consumers to continue with ads or otherwise, which relies on their conscience.

Because while the purpose of an advertisement would be to make the people and encourage individuals to view it or listening to it.

This doesn't mean that everything in the image is honest and truthful and most of the time it's generic statements or vague generalizations.

<em>In this respect, I assume that the important set of circumstances is: the court found that the ads were not intrinsically deceptive. </em>

<em>Nevertheless, it did find that the advertising in question was limited.</em>

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The deadweight loss from a tax per unit of good will be smallest in a market with a. inelastic supply and elastic demand. b. ine
deff fn [24]

The deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

The Deadweight loss refers to loss that occurs when supply and demand are not in equilibrium and thus, result in market inefficiency.

Usually, the value of the deadweight loss varies with the demand elasticity and supply elasticity.

So, when the demand or supply is inelastic, the deadweight loss of the taxation will be smaller because the quantity bought or sold varies less with price.

Therefore, the answer is B. because the deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

Learn more about this here

<em>brainly.com/question/13719669</em>

7 0
2 years ago
Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $420 million on January 1, 2021, for $375,505,45
faust18 [17]

Calculation

Period   Cash Interest   Bond Interest    Discount     Carrying  

 End          paid            Expense         Amortization     Value

 01-Jan-21                                                            $375,505,452            

30-Jun-21 $25,200,000 $26,285,38 $1,085,382 $376,590,834

1-Dec-21 $25,200,000   $26,361,358  $1,161,358  $377,752,192

Total    $50,400,000     $52,646,740

3 0
3 years ago
Read 2 more answers
One way that you can create your personal brand online is to keep a____ A) Journal b)blog c) email . Not only can you post your
Firdavs [7]

Answer:

b)blog

a) Branding

Explanation:

The blog is a social media content strategy that gives the creator the autonomy to decide what personal content he wants to show to the public. It has a broad space to include different topics and always allow to detail the professional skills of the autor.

This tool is very usefull to create a personal brand that shows to job recruiters the advantages of hiring you.

3 0
3 years ago
Read 2 more answers
Which of the following statements is true of​ just-in-time (JIT)​ purchasing? A. Only disadvantage of JIT purchasing is the high
m_a_m_a [10]

Answer:

B. In JIT​ purchasing, raw materials​ (or goods) are purchased so that products are delivered just as needed for production or sales.

Explanation:

JIT stands for Just in time management.  It is an inventory management approach that advocates for the purchase of materials just when they are needed for production. In JIT, there is no storing of materials for use for future production. The purchase of materials is aligned with the production process.

The success of JIT is dependent on management ability to forecast sales volumes accurately.  Management must work with reliable suppliers to ensure that materials are available when required. JIT lower's the cost of inventory management by eliminating the need to store huge quantities of materials. It reduces wastage by doing away with losses that arise due to the storage of bulk materials.

8 0
3 years ago
The average ticket price for a concert at the opera house was ​$50. The average attendance was 2500. When the ticket price was r
Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is,  400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x)  * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500  -  200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0
3 years ago
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