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What ensures that consumers will be able to purchase products at the lowest possible price?
Wiki User
∙ 9y ago
A perfect concurrency market coupled with complete market knowledge on both parties of consumption. In practice such market is impossible due to carying costs of trade and lack of information.
Wiki User
∙ 11y ago
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What is the advantage of a consumers to choose from an adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
Why is the price system a efficient way to allocate resources?
ensures that resource use will adjust relatively quickly to the changing demands of consumers
What is the advantage of import and export?
I another country does not produce the products that my country produces, I can send my products to that country in exchange for products that they produce that I do not have. .... Simples 2.It ensures a nation earn foreign exchange therefore improving the living standards of that country
Why are fair trade products more expensive to buy?
Fair trade ensures the workers who make/find the products have enough money to work in humane conditions and get paid the right amount of money for the work they do and the hours they work.
What is competitive capitalism?
Competitive capitalism is where profit is accepted as a good motive for working and businesses often will set up against each other in some ways to do the best they can. It ensures that the user or consumer has good products at a good price.
What are the objectives of Consumer Protection Act?
The Consumer Protection Act protects consumer from fraud. It ensures that consumers are aware of harmful products on the market.
What is the advantage of a consumers to choose from an adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
Where online is the best place to purchase Jurlique skin car products?
The best place to purchase Jurlique skin care products online is from the official website Jurlique. Purchasing straight from the manufacturer ensures that your product is whole, and you're not being ripped off and that your information doesn't get stolen.
What is the advantage of a consumers right to choose from adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
What is an advantage of a consumers right to choose from a adequate variety of goods and services?
a. It ensures a competitive market and allows for individual differences among consumers.
What is quality control management?
Quality control management is widely used in manufacturing companies. Quality control ensures that all products that a company makes and provides to consumers is in a good working standard before it leaves their possession.
Introduction for consumer protection?
Consumer protection refers to the laws and regulations implemented to safeguard consumers from unfair or deceptive business practices. It ensures that consumers have access to accurate information, fair treatment, and recourse in case of harm or dissatisfaction with products or services. Consumer protection measures aim to promote trust in the marketplace and support consumer rights.
Positive effect of globalisation?
Ensures the consumer the best quality products for the best price
Why is the price system a efficient way to allocate resources?
ensures that resource use will adjust relatively quickly to the changing demands of consumers
What type of products does Jurlique make?
Jurlique is a company that manufactures a wide variety of skin care and bath & body products. The company ensures that each of its products are 100% natural.
What is a great strategic plan when looking to purchase a home?
A great strategic plan when looking to purchase a home is to start saving early so as to pay as much of a down payment as possible. This ensures that the total amount of the mortgage will be lower and one will therefore be able to pay off their mortgage faster.
Who ensures that Government Purchase Card transactions are authorized and that the billing statement is complete?
The Approving/Certifying Official
