Answer:
The correct answer is advertising manipulates the tastes of people and can reduce or decrease the competition.
Explanation:
Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.
It manipulates the taste of the people by establishing a desire and impedes the competition through increasing the perception of the product differentiation.
Answer:
The answer is: True
Explanation:
The profit margin of a business can be calculated using the following formula:
- gross profit margin = (gross profit / net sales ) x 100
- net profit margin = (net income / net sales) x 100
The difference between them is that the gross profit margin only considers the difference between net sales and COGS, while the net profit margin includes other expenses.
The Reconstruction Finance Corporation is a government corporation in the US by Eugene Meyer a Federal Reserve Board Governor during the governance of President Hoover. It was applied last 1932 and allowed loans for everyone who would meet the requirements.
The responsibility of the Federal reserve is to provide loans. However, RFC ended after WW2 during President Eisenhower's term. On the other hand, President Roosevelt benefited from its operation when it allowed loans in agriculture and housing.
Answer:
Ways to build trust
Explanation:
With regards to Real Estate,
Answer:
The correct answer is substitution bias.
Explanation:
Samantha goes to the grocery store to purchase ginger ale.
She notices that the price of ginger ale has been increased 15 percent, so she decides to buy some peppermint tea instead.
But in the calculation of CPI, this increase in the price will be included and the substitution of cheaper goods for the expensive one. The value of CPI will increase and inflation will be overestimated.
Though consumer spending is not increasing as she is purchasing the cheaper goods instead of a more expensive one, the CPI will indicate higher spending.
This problem is referred to as substitution bias, as substitution of goods is not included in the calculation of CPI.
