For the given demand curves, the marginal revenue curves are as follows:
1. MR = -100Q + 25
2. MR = Q + 12
In general, under a monopoly market, the Marginal Revenue curve is downward sloping and lies below the demand curve. This is because in a monopoly market, the firm can only sell more units by lowering the price, which leads to a decrease in revenue for each additional unit sold.
To find the marginal revenue curve under a monopoly market for the given demand curves.
1. When the demand curve is P = -50Q + 25, we first need to express the total revenue (TR) as a function of Q. To do this, we can multiply the price (P) by the quantity (Q), giving us TR = P * Q = (-50Q + 25) * Q = -50Q² + 25Q. Next, we'll find the marginal revenue (MR) by taking the derivative of the total revenue with respect to Q: MR = d(TR)/dQ = -100Q + 25.
2. When the demand curve is P = 0.5Q + 12, we'll follow the same process. First, we'll find the total revenue (TR) by multiplying the price (P) by the quantity (Q): TR = P * Q = (0.5Q + 12) * Q = 0.5Q² + 12Q. Then, we'll find the marginal revenue (MR) by taking the derivative of the total revenue with respect to Q: MR = d(TR)/dQ = Q + 12.
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1.Which of the following is true about Herzberg's two-factor theory?
1 point
To motivate people, Herzberg suggested emphasizing the hygiene factors of a job.
believed factors that led to job satisfaction were the same as those that led to job dissatisfaction.
removing dissatisfying characteristics from a job will invariably make that job more satisfying and motivating.
Herzberg's theory has influenced how we currently design jobs.
2.Customer departmentalization is best suited to organizations that have a few extremely large customers or that serve diverse groups.
1 point
True
False
The first statement is true about Herzberg's two-factor theory, which suggests emphasizing the hygiene factors of a job to motivate people. The second statement requires further clarification.
Herzberg's two-factor theory proposes that there are two sets of factors that influence job satisfaction and dissatisfaction. The hygiene factors, such as salary, working conditions, company policies, and interpersonal relationships, are essential to prevent job dissatisfaction but do not directly lead to job satisfaction.
On the other hand, the motivator factors, such as recognition, growth opportunities, challenging work, and responsibility, contribute to job satisfaction and motivation.
The statement that Herzberg suggested emphasizing the hygiene factors of a job to motivate people is true. By addressing hygiene factors and ensuring a positive work environment, organizations can minimize dissatisfaction but not necessarily increase motivation.
The second statement regarding customer departmentalization requires more context to provide an accurate response. Customer departmentalization is a form of organizing employees based on the specific customers they serve.
It is typically employed in organizations that have a few extremely large customers or serve diverse customer groups. Without further information, it is not possible to determine if the statement is true or false.
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Match the academic requirements with the careers.
-training -Ph.D. -bachelor’s degree
-anthropologist
-telecommunications technician
-network administrator
The academic requirements as well as the training required has been grouped below:
anthropologist: Ph.Dtelecommunications technician: trainingnetwork administrator: bachelor’s degreeWhat is a work requirement?This is the term that has to do with the job requirement that is needed for specific disciplines. That is the amount of training and the level of training that is required to be experts in the careers that have been chosen by the specialists.
Hence we can say that The academic requirements as well as the training required has been grouped below:
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A company focusing its efforts on making its new innovation more user-friendly than before is working on the _______ of the product.
When a company focuses on improving the usability of its product, it aims to make it more user-friendly than before. Usability refers to the ease of use and effectiveness of a product in fulfilling its intended purpose. To enhance usability, the company can consider several factors.
Firstly, conducting user research and gathering feedback is essential. This helps in understanding user needs, preferences, and pain points. The insights gained from user research can guide the design process and aid in prioritizing features that enhance user-friendliness.
Next, the company can iterate and refine the product's interface and interaction design. This involves simplifying complex tasks, organizing information logically, and providing clear instructions and feedback to users. By streamlining the user interface and making interactions intuitive, the company can improve usability.
Additionally, investing in user testing is crucial. This involves allowing real users to interact with prototypes or the actual product to identify usability issues and make necessary improvements. User testing provides valuable insights into how users navigate and interact with the product, enabling the company to address any usability challenges effectively.
By prioritizing usability, the company aims to create a product that offers a seamless and enjoyable user experience. This, in turn, increases user satisfaction, adoption, and loyalty, ultimately benefiting the company's success.
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A company focusing its efforts on making its new innovation more user-friendly than before is working on the usability of the product. Usability refers to the ease of use and learnability of a product or system.
By improving the user-friendliness of their innovation, the company aims to enhance the overall user experience and make it more intuitive and accessible to a wider range of users. This could involve simplifying complex features, improving navigation, incorporating user feedback, and conducting usability testing to identify and address any potential usability issues.
Ultimately, the goal is to ensure that the product is easy to understand, interact with, and achieve desired tasks efficiently.
In summary, when a company focuses on making its new innovation more user-friendly than before, it is working on improving the usability of the product.
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What i the lope of the line that pae through the point (9, -5)(9,−5) and (1, -1)(1,−1)?
The slope of the line that passes through (9,−5) and (1, -1) is −1/2 and y-intercept form is y = -1/2x - 1/2.
What is slope?Slope has a definition in mathematics that is very similar to how we normally define it. Slope is a term used in mathematics to describe the steepness and direction of lines. When compared to other lines graphed on the same coordinate plane, you can infer some information about a line's slope simply by looking at its graph.
The slope of the line that passes through (9,−5) and (1, -1) can be calculated using slope formula
slope = \($ \frac{y^2-y^1}{x^2-x^1}\)
slope = −1/2
Now put the value of any point to get slope intercept form
y - (-1) = −1/2(x - 1)
y + 1 = -1/2x + 1/2
y = -1/2x + 1/2 - 1
y = -1/2x -1/2
Thus, The slope of the line that passes through (9,−5) and (1, -1) is −1/2 and y-intercept form is y = -1/2x - 1/2
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A journal with two amount columns in which all kinds of entries can be recorded.answer choicesA. general journalB. credit memorandumC. dividendsD. retained earnings
Option a: General journal is a journal with two amount columns in which all kinds of entries can be recorded.
This is the ledger of original entries from which all transactions are first recorded and then transferred to their respective ledger. Each reservation is recorded in a general journal with date, brief description, debit and credit accounts, and respective amounts.
The purpose of the general journal is to record all business transactions in chronological order. This record helps us maintain accurate financial records and provides a complete audit trail of all financial transactions.
A credit note, on the other hand, is a document used to notify a customer that a certain amount has been credited to their account, usually through a refund or credit adjustment. Not a diary.
Both dividends and retained earnings are financial terms that refer to a company's profit distribution. Dividends are the portion of profits paid out to shareholders and retained earnings are the portion of profits that the company keeps to reinvest in its business. These have nothing to do with his concept of a journal with two columns of amounts.
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Which of these arguments did you include in your response? Check all that apply.
Profit is maximized when marginal revenue equals marginal cost.
Profit is maximized when five or six bikes are made each day.
Profit declines when more than six bikes are produced each day.
The best arguments is that Profit is maximized when marginal revenue equals marginal cost.
What is Marginal revenue and marginal cost?Marginal revenue serves as the increase in revenue which is due to from the sale of one additional unit of output.
The marginal cost of production on the other hand is change in total production cost .
Therefore, the best argument is that Profit is maximized when marginal revenue equals marginal cost.
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Answer:
Which of these arguments did you include in your response? Check all that apply.
Profit is maximized when marginal revenue equals marginal cost. <<<CORRECT
Profit is maximized when five or six bikes are made each day.
Profit declines when more than six bikes are produced each day.
Explanation:
Edge 2022
how can a job (or occupation) impact your life? explain in 50-100 words.
I'd rly appreciate anyone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).
Answer:
Find the essay below.
Explanation:
A job or occupation is a line of work or business through which a person earns a living. A job can positively impact a person's life because it gives one a sense of purpose most especially if it is work that one truly enjoys. Over-reliance on people to provide us with the basic necessities of life can erode respect and result in a lack of self-esteem. When a person rather works hard to earn a living, it gives a sense of purpose and fulfillment.
An occupation is dignifying. Knowing that you are doing something beneficial can also bring happiness.
True or False: marketers should be constantly changing and updating their images.
It is false that marketers should be constantly changing and updating their images.
Businesses that blog generate 67% more sales leads on average than those who don't. Blogs may improve customer experience, boost website traffic, and raise company exposure. Strategy is essential when blogging for business. Your blog's ROI may be strongly impacted by how frequently you post and what you publish. The content marketing experts at Media Relations Agency will employ the best techniques to boost website traffic, inform visitors about the products, and persuade them to make a purchase.
Blogging is one of the most popular content marketing techniques used by companies for a variety of good reasons. They include: Higher ROI: Blogs encourage visitors to stay on websites longer, which frequently results in increased purchases.
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Home is a country that produces two goods, pears and cellular phones. Last year, Home produced 450 bushels of pears and 1050 cellular phones. This year it produced 450 bushels of pears and 2000 cellular phones. Given no other information, which of the following events could explain this change?a. Home experienced increased unemployment.b. Home experienced a decline in pear-producing technology.c. Home experienced an improvement in cellular phone-making technology.d. Home experienced a reduction in resources
Answer:
c. Home experienced an improvement in cellular phone-making technology.
Explanation:
It is the improvement recorded in its technology for phone-making that gave rise to the improved production of cellular phones from last year's 1050 phones to this year's 2000 cellular phones. This shows an improved productivity of about 90%. Home did not witness similar improvement in the production of pears as the quantity produced last year was also produced in the current year.
What state in the country has the highest percent of their credit economy with subprime credit scores?
The state in the country has the highest percent of their credit economy with subprime credit scores is: Wisconsin.
What is credit economy?Credit economy can be defined as the way in the money is the means of exchange in an economy as people sell goods in exchange for money.
Based on this Wisconsin has the highest percentage of their credit economy with subprime credit score followed by Vermont and then Washington.
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The opportunity cost of investing in new capital equipment is the imvestments as long as the expected rate of return is The opportunity cost of investing in new capital equipment is the Firms will make investments as long as the expected rate of return is
The expected rate of return on the investment is greater than the return that could have been achieved by investing in the next best alternative, it is considered worthwhile for the firm to proceed with the investment.
The opportunity cost of investing in new capital equipment is the potential return or benefit that could have been gained from alternative investment options. It represents the value of the best alternative forgone when a particular investment decision is made.
Firms will make investments as long as the expected rate of return on the investment is higher than the opportunity cost. In other words, if the expected rate of return on the investment is greater than the return that could have been achieved by investing in the next best alternative, it is considered worthwhile for the firm to proceed with the investment.
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In her job as a pharmacy technician, Imani measures precise doses of medication for patients. What type of skill is this?
A. technical
B. soft
C. collaborative
D. academic
Based on the fact that Imani needs to precisely measure doses of medication for patients, this type of skill is a A. Technical skill.
What is a technical skill?A technical skill refers to one that a person gets from having specialized knowledge in several types of specialized tasks and projects.
The skill to be able to measure precise doses of medication that Imani has is a specialized knowledge that helps her in the pharmaceutical industry which makes it a technical skill.
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A factory sells backpacks for $40. 00 each. The cost to make 1 backpack is $10. 0. In addition to the costs of making backpacks, the factory has operating expenses of $12,000 per week. The factory's goal is to make a profit of at least $980 each week. What is the minimum number of backpacks the factory must sell in order to meet the weekly goal?.
The minimum number of backpacks the factory must sell in order to meet the weekly goal of making profits of $980 each week would be 433 bags.
What is the calculation of the number of bags?
The selling price of one bad is $40 and its production cost is $10. Finally, it has operating expenses of $12,000 per week.
Therefore, the computation would be as follows:
\(980= (40-10)x - 12000\\980=30x - 12000\\12,980=30x\)
Finally, to get the value of X, divide both sides with 30;
\(\frac{12980}{30} =\frac{30x}{30} \\x=432.67\)
Therefore, the company is required to sell 433 backpacks weekly.
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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
Answer:international trade: trade between individuals
Explanation:
I got it right
What are 2 examples of transactions that do not affect the business?
Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance
in july, cash collected from season pass sales was $3,200,000 (8,000 passes sold × $400 per season pass). record the entry for the month of july for cash collected from season pass sales.
The journal entry for the cash collected from season pass sales in July is:Cash (Asset) $3,200,000Season Pass Sales (Revenue) $3,200,000
Explanation:Cash is an asset account and is debited for any cash that is received by the business. In this case, cash was received from the season pass sales.Season Pass Sales is a revenue account and is credited for any revenue generated by the business. Here, the revenue generated by the season pass sales is $3,200,000. Therefore, the revenue account is credited for this amount.The entry is balanced as both the debit and credit amount is $3,200,000, as it follows the fundamental accounting principle of double-entry system.
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This communication channel is typically used to provide an audience with information about a product or service, usually for informational or persuasive purposes. It is a one-way communication in a visual medium.
Answer:
Online advertisement
Explanation:
In the ever-increasing technological world, online advertising is an extremely elaborate solution for the sale of any item or service or for the information about that item or service.
The use of online advertisements is usually an elaborate way of providing detailed information about goods and services in which information about goods and services is provided to individuals viewing through movable images, communication in the online advertising technological world.
This is a large medium of information as well as it is also a proper means of giving unilateral information.
An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.
An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.
What is independent audit?
An independent audit can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.
It should be noted that the evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.
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A cowboy hat manufacturer was interested in knowing how to price his or her work based on data rather than "gut feelings." He or she found that pricing concepts involve a language of special terms. Fill in the blanks with the word or phrase from the drop-down list that is among these special terms and would best complete each sentence. Words may be used more than once.
_____ refers to the portion of sales revenue left over after paying the product costs of cowboy hats. Target ____ are often based on norms in the hat industry. Cost-based pricing for cowboy hats uses the_____ plus a target _____ to calculate the sales price. Other term for margin is _______.
- margin
- markup percentages
- product costs/ markup precentage
Answer:
the last one
Explanation:
Though some intangible attributes like delivery or a warranty may also be important for a product like a washing machine, because it has tangible attributes that a customer's senses can perceive, the washing machine is defined as ______.
It is true that some intangible attributes like delivery or a warranty may also be important for a product like a washing machine because it has tangible attributes that a customer's senses can perceive, the washing machine is defined as good having tangible attributes.
What is a tangible good in economics?
In economics, goods are tangible items that can be used to satisfy human wants.
Goods essentially have value because they provide utility. The more utility a good provides, the more it's value.
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The federal budget is balanced and the economy is on the upward-sloping portion of the Laffer curve. Then, tax rates are cut and government purchases are increased. Is a budget deficit inevitable?
Answer:
Yes, the budget deficit is inevitable.
Explanation:
When the economy is on the upward-sloping portion of the Laffer Curve, any increase in tax rates will produce more revenue, and any decrease in tax rates will produce less revenue. This is because tax rates are not yet at the optimal point of the Laffer curve.
In this case, the federal budget was balanced, but the goverment cut tax rates while being on the upward-sloping portion of the Laffer curve, which means that tax revenue decreased. However, at the same time the government increased government purchases, and the combination of less tax revenue and more government spending will naturally result in a budget deficit.
while advertiser and consumer may accept it as part of the advetising game, puffery os cinsidred untheical because
Puffery is considered unethical because it involves exaggerated or deceptive claims that are not meant to be taken literally. While advertisers and consumers may accept it as part of the advertising game, it undermines trust, misleads consumers, and can lead to unfair competition.
Puffery refers to exaggerated statements or claims made in advertising that are subjective and not intended to be taken as literal truth. While it may be accepted as part of the advertising industry's norms, puffery is considered unethical for several reasons.
Firstly, it erodes trust between advertisers and consumers. When consumers are exposed to exaggerated claims that are not substantiated, they may develop skepticism and become less trusting of advertisements in general. This ultimately undermines the integrity of the advertising industry as a whole.
Secondly, puffery can mislead consumers by creating unrealistic expectations about a product or service. When advertisers use flowery language or extravagant claims, consumers may believe that the product will deliver more than it actually can. This can lead to disappointment and dissatisfaction when the product fails to live up to the exaggerated promises made in the advertisements. Misleading consumers in this way is considered deceptive and can harm the reputation of both the advertiser and the product.
Lastly, puffery can result in unfair competition. When one advertiser engages in excessive puffery, it puts other competitors at a disadvantage. If all advertisers were to engage in the same level of exaggerated claims, it would create a marketplace where consumers are constantly bombarded with unrealistic promises, making it difficult for them to make informed choices. Ethical advertising practices strive to provide accurate and reliable information to consumers, allowing them to make well-informed decisions.
In conclusion, while puffery may be accepted as part of the advertising game, it is considered unethical due to its negative impact on trust, consumer deception, and unfair competition. Advertisers should aim to maintain transparency, provide accurate information, and avoid misleading consumers with exaggerated claims to uphold ethical standards in the advertising industry.
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2d character or 3d what u guys pickin?
Answer:2d
Explanation:
Answer:
3D
Explanation:
Because 2d is like just so flat and boring and 3d is cool because it looks like it pops out on paper and it is just really cool.
edward opened a credit card at a department store with an apr of 16.42% compounded semiannually. what is the apy on this credit card? (2 points) 17.09% 32.84% 35.54% 8.21%
Edward's credit card has an apr of 16.42% compounded semiannually. The annual percentage yields or apy of this credit card is 17.09%
APY or annual percentage yields tells us about the normalized value of the interest rate, depending on the frequency of compounding periods.
The formula for APY is:
APY = (1 + r/n)ⁿ - 1
Where
r = nominal interest rate or apr
n = number of compounding periods per year
Parameters given in the problem:
r = 16.42% = 0.1642
Since the compounding period is semiannually, then
n = 2
Hence,
APY = (1 + r/n)ⁿ - 1
= (1 + 0.1642/2)² - 1
= 1.0821² - 1 = 0.1709 = 17.09%
Therefore, the APY is 17.09%
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Which of the following elements comprise strategic management? (Check all that apply.)Multiple select question.a. formulationb. implementationc. realizationd. analysise. definition
The three main components of strategic management are strategic analysis, strategic choice, and strategy implementation.
Which components make up strategic management?Strategic management frequently entails strategy assessment, internal organization analysis, and company-wide strategy implementation.
What are the five components of strategy?These five components of strategy are arenas, differentiators, vehicles, staging, and economic logic. Donald Hambrick and James Fredrickson, two strategists, created this paradigm.
What are the fundamental four components of strategy?Visioning, goal-setting, resource allocation, and prioritization are the four most commonly acknowledged fundamental elements of corporate strategy.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
Which of the following are true regarding the second stage in the rational model of decision making?
a- Once you have identified a problem or an opportunity and diagnosed its causes, you need to come up with both obvious and creative alternative solutions.
b -Creativity precedes innovation and has been described as the source of all intellectual property.
Once you have identified a problem or an opportunity and diagnosed its causes, you need to come up with both obvious and creative alternative solutions.
Creativity precedes innovation and has been described as the source of all intellectual property.
Innovation is the sensible implementation of ideas that lead to the introduction of recent products or services or improvement in providing goods or services. ISO TC 279 within the standard ISO 56000:2020 defines innovation as "a new or modified entity realizing or redistributing value". Others have completely different definitions; a standard part in the definitions could be a concentrate on newness, improvement, and also the unfolding of ideas or technologies.
Innovation usually takes place through the event of more-effective products, processes, services, technologies, artworks, or business models that innovators create and offered to markets, governments, and society. Innovation is expounded to, however not the same as, invention: innovation is a lot of apt to involve the sensible implementation of AN invention (i.e. new/improved ability) to form a meaningful impact during a market or society, and not all innovations require a replacement invention. Technical innovation usually manifests itself via the engineering method once the matter being solved is of a technical or scientific nature. the alternative of innovation is innovation.
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Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage
Answer:
$26.923
Explanation:
Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year
if the company pays 90% of $7000, then Mark pays 10% of $7000
Mark pays = 10/100 x $7000
=0.1 x $7000
=$700
The amount of $700 is spread over 26 weeks.
Each paycheck, Mark will be deducted
=$700/26
=$26.923 per check
Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answer:
It might be D- whic