prohibiting "unconscionably excessive" gasoline price increases. Many states have an anti-gouging law set in place during disasters. But yet just a year before all of this occurred the price of gas was around nearly a dollar eighty. Now gas is almost a dollar and fifty cents more. That is why gasoline price gougers should be punished. It is already the law and it causes the economy to become more unstable.
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negligence in consumer courts set up under India’s consumer protection act of 1986. The landmark judgment‚ delivered last week‚ caps the nine year old controversy over whether doctors providing medical services to patients on payment of fees can be held liable under this act. Responding to appeals by doctors against earlier judgments by state high courts‚ the Supreme Court ruled that patients aggrieved by deficiencies in medical services rendered for payment can claim damages Should doctors be tried
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Should we as consumers resist Globalization? In order for us to fully answer this question we must look at the advantages and disadvantages of Globalization from the perspective of the consumer. Seeing as every person on this planet at some point of another has been a consumer we should not have an issue giving an answer to the question. At this point it is good to point out that the United States has always been a melting pot for cultures throughout the world. We were founded on the concept
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newspaper articles - “Bakeries Raise Prices As Cost Of Wheat Soars” and “Pay Hike As Supply Of Maids Dries Up”‚ based on perspectives of micro-economics theories‚ principles and concepts. ARTICLE 1 - ECONOMIC ANALYSIS ON “BAKERIES RAISE PRICES AS COST OF WHEAT SOARS” 2. Summary of Article. This article highlighted the issue of bad weather (“Land” – a Factor of Production) and how it affected the basic commodities needs of the people (consumers). Bakeries raise prices due to the increase in cost of
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Why Price Fixing Should Remain Unlawful In today’s economy it is generally said that supply and demand determine prices on goods and services. In order for this to be true the free market cannot be interfered with. The New York Times article‚ “Taiwan Company Fined $500 Million for Price-Fixing‚” highlights some of the issues that can arise when it comes to price fixing. In this essay I will explain what the antitrust law says regarding price-fixing agreements‚ and what impact these regulations have
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contact with other people in business environment as well as in society‚ they are quite not confident enough to communicate effectively. Hence‚ by studying Business Communication lecture‚ student are not only take note and listening to teacher but also pay attention to the way each person communicate with other through the way they talking and presenting. The teacher asked us about the background of lecture for us to understand the overview of problems. As a result‚ teacher gave student a lot of opportunities
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they were not getting equal pay for equal work. Even with the passage of the Equal Work Equal Pay Act of 1963‚ employers still see women as lessor of an employee. However‚ as the job landscape changes from manufacturing to more technology based jobs‚ women have started a new educational revolution by retooling and going back to school to prepare for jobs of the future. Meanwhile‚ men are slow to adapt and are starting to go backwards. Within the next decade the gender pay gap that does exist today
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NINE ENDING PRICE Have you ever though what impact does a price which doesn’t end with a simple round number tend to had on consumers? In 1996‚ Schindler and Kibarian published an experimental study to test the influence of Nine Ending Price. This experiment was conducted through direct mail of a catalogue of women’s clothing retailer to around 90000 women. All catalogues were identical except for the prices‚ which ended with 00‚ 99‚ and 88. Results showed that nine ending prices led to increase
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Price SK-II is known as the one of the most expensive skin care or beauty brands in Asia and the world. To keep up global brands status and able to compete better than competitors‚ SK-II has used product line pricing strategy. (UKESSAYS.com n.d.) Most of the normal type of SK-II products are pricing from RM80 until RM150‚ while the luxury type of SK-II products are pricing from RM150 until RM300. (UKESSAYS.com n.d.) Although SK-II products are mostly expensive‚ but it works well for the consumers
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students with money‚ schools can encourage good behavior. If schools want students to be motivated and learn the curriculum‚ then they should pay students for their grades. Schools should pay students for their grades because it will teach them about the real world‚ level out the playing field‚ and raise graduation rates. To begin‚ it is an excellent idea to pay students for their grades since it will teach them about the real world. Clare Levison‚ an accountant and member of the National CPA Financial
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