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what businesses have been most affected by state laws that require reta…

Question

what businesses have been most affected by state laws that require retailers to standardize prices of goods in varying quantities? select one: a. service businesses b. clothing retailers c. grocery stores d. banks 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.

Explanation:

Brief Explanations
  1. For the first question: State laws mandating standardized pricing for goods in varying quantities target businesses that commonly sell products in different package sizes/amounts. Grocery stores regularly offer goods in multiple quantities (e.g., single vs. bulk food items), so they are most impacted by such laws. Service businesses, clothing retailers, and banks do not focus on this type of quantity-based pricing model as their core operation.
  2. Note: The second scenario about Jennifer the real estate agent does not include a specific question to answer, so only the first multiple-choice question is addressed.

Answer:

c. Grocery stores