Ppt 5 01 Understand Rights And Responsibilities Of Consumers B. letting businesses know what you like and dislike. consumers have certain rights that do not carry corresponding responsibilities. false. you are fulfilling your responsibility related to the , by taking this course. not c. the right to safety includes protection against the sale and distribution of dangerous goods and services. What is the difference between a good and a service? goods are tangible items to satisfy a need or a want. a service is the performed. what determines the monetary value of a good or service? it must be scarce and it has to have utility. list the four characteristics of the accumulated goods that make up economic wealth.
Practical Application Five Major Consumer Rights Infographic Study Economists use a to illustrate all possible combinations of outputs. production possibilities curve. when making decisions it is useful to consider , or the value of the next best alternative that would be given up. opportunity cost. a frontier can show the cost of resources, which are available but unused. 7. right to consumer education. to gain the knowledge and skills necessary to make educated, confident purchases of products and services; and to be aware of basic consumer rights and obligations and how to exercise them. 8. right to a healthy environment. 6 consumer rights. 1. right to safety a consumer has the right to inquire on the items' quality and guarantee before making a purchase. means the right to be protected from the marketing of goods and services that endanger life and property. the items and services they acquire should not only suit their immediate requirements, but also serve. Every time you buy something, you are considered a consumer. the noun consumerism refers to the idea that spending money and consuming goods is good for our economy. because you are willing to spend money on goods and services, businesses are able to produce items, people are able to have jobs, money is able to flow, and our economy expands.
Rights And Responsibilities Of Consumers Their Differences 6 consumer rights. 1. right to safety a consumer has the right to inquire on the items' quality and guarantee before making a purchase. means the right to be protected from the marketing of goods and services that endanger life and property. the items and services they acquire should not only suit their immediate requirements, but also serve. Every time you buy something, you are considered a consumer. the noun consumerism refers to the idea that spending money and consuming goods is good for our economy. because you are willing to spend money on goods and services, businesses are able to produce items, people are able to have jobs, money is able to flow, and our economy expands. Know your consumer rights and responsibilities. In addition, consumer rights extend beyond just purchasing items for personal use – they also protect businesses from unfair trade practices in their industry. by understanding and exercising your consumer rights, you can make informed choices as a consumer and ensure fair treatment in the marketplace.
Business Studies Ch 17 Rights And Responsibility Rights Of Consumers Know your consumer rights and responsibilities. In addition, consumer rights extend beyond just purchasing items for personal use – they also protect businesses from unfair trade practices in their industry. by understanding and exercising your consumer rights, you can make informed choices as a consumer and ensure fair treatment in the marketplace.
Consumer Rights What They Are And What The Law Says B Plannow