Answer:
Decrease, Increase
Explanation:
Equilibrium price is that price in the market, where the quantity of the goods supplied or the service offered is equal to the quantity of the goods demanded. At this point the supply as well as the demand curves in the market intersect.
So, when 2 firms will be entering the market, the economist expect that the equilibrium price will decrease or fall and fall in the price leads to increase in the quantity, so the equilibrium quantity will increase.
Answer:
Nestle - Irresponsible marketing of baby milk
Amazon - Avoiding tax
Coca Cola - Workers right violation at plant
Shell - Causing high environmental pollution
Explanation:
There are various ethical issues which businesses face today. There are problems of nepotism, harassment, discrimination, abuse of power and misrepresentation of financials. The company bad corporate culture also contributes towards unethical issues. There are various companies which maintains a brand image around the globe but are involved in unethical practices in someway. These companies are only concerned towards their uncountable profits and does not care about any ethical issue.
The answer should be 6. Six
Answer: B. False
Explanation: the statement is false, because If all the tickets are purchased on the internet for $1800($300 each) instead of the list price of $120 each for one ticket, it makes no economic sense to buy on the internet.
Only if buying the tickets on the internet is the same rate or cheaper will it make economic sense.
When volvo runs ads suggesting that its cars are the safest that money can buy, it is trying to grab the attention of the public.
Given that volvo runs ads suggesting that its cars are the safest that money can buy.
We are required to give the reason of suggestion made by volvo.
In this time of 21st century it is becoming very much difficult for an advertiser to grab the attention of a customer and persuade the customer to purchase his product. In the advertisement made by volvo, it suggests that their cars are the safest than money because it wants to make an image of car as a safest thing even in comparison of money.
Hence when volvo runs ads suggesting that its cars are the safest that money can buy, it is trying to grab the attention of the public.
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