Consumer protection is linked to the idea of consumer rights, and to the formation of consumer organizations, which help consumers make better choices in the marketplace and get help with consumer complaints.” Do you agree
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“Consumer protection is linked to the idea of consumer rights, and to the formation of consumer organizations, which help consumers make better choices in the marketplace and get help with consumer complaints.” Do you agree? Justify your answer.
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- Consumers can be vulnerable. They may easily believe and be manupilated when marketers have their important and personal information. Marketers may choose groups of consumers who are easier to target and "get" them to spend on unnecessary items. What do you think about this issue? What can marketers do to overcome this dilemma? to generate profits for the company, and at the same time, bring real values and protect the consumers?What is the purpose of consumer protection laws and how do they benefit consumers?What are the legal requirements for protecting consumer privacy and data security, including compliance with regulations such as GDPR and CCPA?
- What is the consumer-to-consumer model?What is the role of regulation in keeping markets safe and ethical in the US? Do you think regulations in the US go far enough, go too far, or somewhere in-between? Based on your answer, what would you change about the regulation of markets in the US if you had the power to do so?Do you think the requirements for antitrust injury and standing have beneficial or negative effects on consumer welfare? That is, do they limit meritorious antitrust claims? State your reasons.
- List the Primary Laws that Protect Consumers?Suppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count…what is the benefit of consumer protection? with scholarly reference.