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What effect do these fines have on businesses and consumer?
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What effect do these fines have on consumers?
Fines imposed on companies often lead to increased operational costs, which can result in higher prices for consumers as businesses pass on these expenses. Additionally, fines may affect the availability of products or services if companies scale back operations to manage financial penalties. In some cases, the negative publicity surrounding fines can erode consumer trust, leading to decreased sales and potentially fewer choices in the market. Overall, consumers may face a combination of higher prices and reduced options as a result of these fines.
What affect do these fines have on businesses and consumers?
Fines imposed on businesses can lead to increased operational costs, which may result in higher prices for consumers as companies pass on the costs. Additionally, significant fines can damage a business's reputation, leading to a loss of customer trust and potentially decreased sales. For consumers, this can mean fewer choices in the marketplace and reduced competition, which can ultimately harm their purchasing power and overall satisfaction.
How does income get from businesses to consumers?
The transfer and redistribution of capital happens through multiple mechanisms and directional flows. Transfers of income from businesses to consumers can occur through the economic redistribution from taxation. Businesses can also sell to consumers who in-turn resell. Businesses also have what is known as a 'trickle down effect' where their income is paid out to workers, who are also consumers themselves.
Why did the garment workers union grow after the triangle shirtwaist factory fire?
consumers pressured businesses by boycotting nonunion goods.
What makes cheap website advertising appealing to consumers and businesses?
Cheap website advertising is appealing to both consumers and businesses because of the availability and the price. For consumers the ads are on the sites they visit and for businesses it is a cheap and easy way to reach consumers.
How businesses promote credit to consumers?
Businesses promote credit to their consumers through the allowing of consumers to purchase products through credit transactions provided by the business.
Businesses that sell directly to consumers on the internet is known as what?
Businesses that sell directly to consumers on the internet are known as B2C businesses. B2C stands for business to consumer.
What is it called when businesses seek to attract consumers dollars away from rival businesses?
competition
How do you use credits?
consumers , businesses , and government use it.
How do consumers and businesses and governments address scarcity?
They dont
Is people a consumer?
Yes, People and Businesses are consumers.
