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Jorgeson Co. ,on its website,promised the company would not give a customer's personal information to third parties without the customer's consent,but then gave out such information anyway.This practice violates Section 5 of the FTC Act.
Optimal Quantity
The amount of a good or service that maximizes a consumer's satisfaction or a producer's profit given certain constraints and objectives.
Consumers
Individuals or organizations that use economic goods and services produced within an economy.
Firms
Business entities or organizations that produce goods or provide services with the aim of making a profit, often operating within specific industries or markets.
Economic Theory
A set of principles and models that explains how economies operate and how economic agents interact.
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