Carla Owns Nifftee Dry Cleaners

question 8

Multiple Choice

Carla owns Nifftee Dry Cleaners.If she is guilty of misleading advertising,who is the most likely to report her?

• A)a disgruntled consumer using provincial legislation
• B)a government agency with the power to prohibit such advertising
• C)the Services Act of the province of jurisdiction
• D)provisions of the Competition Act
• E)a class action lawsuit

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Definitions:

Economic Question

Fundamental questions that address the allocation of resources and the distribution of goods and services in an economy.

Pure Capitalism

An economic system purely driven by market forces with minimal governmental intervention, where private individuals and firms control the production and distribution of goods.

Central Planning

An economic system where key decisions about production, distribution, and consumption of goods and services are made by the government or a central authority.

Shift Inward

A situation in economics where the supply curve moves towards the origin, indicating a decrease in supply at every price level.