Why do many film processing companies have a policy of printing every picture on a roll of film or a memory card, even if the picture is very fuzzy and customers are allowed to ask for refunds on any pictures they do not like?
What will be an ideal response?
The processing companies are taking advantage of the tendency of consumers to ignore nonmonetary costs. They are relying on the fact that passing up a refund once the picture has already been paid for is a nonmonetary opportunity cost rather than a direct monetary cost, and as a rule, customers rarely do ask for refunds.
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How did the Zimbabwean hyperinflation end?
A. As of 2016, Zimbabwe's hyperinflation has not yet ended. B. Mugabe legalized transactions in foreign currencies. C. the Zimbabwean dollar was replaced with a new Zimbabwean currency. D. Zimbabwe's central bank sharply reduced the money supply.
An individual bank may legally loan out an amount equal to its __________.
Fill in the blank(s) with the appropriate word(s).