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Q: What other actions by consumers can result in higher prices for the things you buy?
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What is a direct benefit that consumers enjoy as a result of the internet?

A. It is easier to compare prices.


What is the most direct benefit consumers enjoy as a result of the internet?

A. It is easier to compare prices.


What market situation in an industry result in the lowest prices for consumers?

Over supply of the goods in question


Which result would you expect from a U.S. import quota on automobiles?

higher automobile prices for U.S. customers


Which condition is a result of open competition in a free market system?

Higher quality goods


How do you calculate how much you are saving between to prices?

Subtract the lower from the higher. The result is your savings.


Which does not result from free trade between different countries?

Higher prices on a global level


How do environmental protection laws affect consumers?

Environmental protection laws can impact consumers by regulating the production and disposal of products to reduce pollution and protect natural resources. This can lead to safer products, cleaner air and water, and reduced health risks for consumers. Additionally, compliance with these laws may result in higher production costs, which could potentially lead to increased prices for certain products.


What will a decrease in the price of a particular product result in?

A decrease in the price of a particular product will result in higher demand. It may also result in shortages if the product cannot be produced fast enough for consumers.


What was not a result of suburbanization?

One result of suburbanization was an increase in commuting lengths and traffic congestion.


Why are the textile industries in the US are face continued job loss?

Higher clothing prices brought about because of higher costs as a result of union demands for higher wages. This started in the 1960s,


A large increase in the number of fast-food restaurants in a community is most likely to result in?

Lower prices higher quality