Question

jennifer is a real estate agent who represents the person selling their house and works with them on determining the price of houses before they are sold. she must analyze the market and know prices of houses that have recently sold in her community. she has a friend who has told her to find a good house at a low price. recently, jennifer encouraged a desperate seller to lower the price so that her friend could purchase a house at a reduced price. jennifers words are select one: a. unethical b. fine, because the house could then sell c. price discrimination d. predatory pricing what do large stores use to store easily changed pricing information? select one: a. their brains b. upcs c. price tags d. qr codes

Explanation:

For the first question: Jennifer's primary duty is to represent the seller's best interests. Pressuring a desperate seller to lower the price for her friend's benefit violates her fiduciary responsibility, making this action unethical. Price discrimination involves charging different prices to different customers for the same product, and predatory pricing is setting low prices to eliminate competitors, neither applies here.
For the second question: UPCs (Universal Product Codes) are linked to a store's database where pricing information can be easily updated and changed, unlike physical price tags which require manual updates. QR codes are more for additional product info, and "their brains" is not a valid business tool for this purpose.

Answer:

1. a. Unethical
2. b. UPCs