The damages are measured by the difference between the contract price and the market price when the seller provides the goods, or when the buyer learns of the breach.
If a party fails to either substantially or fully perform, the other party's remaining obligations, if any, under the contract are discharged.
The standard measure of compensatory damages is the difference between the value of the breaching party's promised performance under the contract and the value of her or his actual performance. This amount is reduced by any loss that the injured party has avoided.
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According to growth accounting studies, the most important factor in economic growth is Group of answer choices education. Investment in physical capital. technology.
The most important factor in economic growth is considered to be technology.
Why is technology considered important?Technology is important to the growth of an economy because it decides just how much a nation produces.
The higher the technology quality, the higher the nation's production and therefore its economic growth. This is why it is considered to be the most important factor for economic growth.
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Shortcutz hair salon offers inexpensive haircuts for $10. They create a marketing campaign extolling the cheap price while showing customers how expensive other salons are in comparison. The campaign encourages consumers shop around and compare prices. Shortcutz focuses solely on price and mentions little about the quality of its haircuts. Which type of psychological pricing communication does shortcutz use?.
The type of psychological pricing communication does shortcuts used is inviting price comparisons.
The idea behind psychological pricing is that customers will read the slightly lowered price and treat it lower than the price actually is. An example of psychological pricing is an item that is priced at $3.99 but conveyed by the consumer as 3 dollars and not 4 dollars, treating $3.99 as a lower price than $4.00.
A low price allows companies to gain market share by attracting new customers who spread the word about the offering and enticing customers away from competitors. The goal is to rapidly penetrate the market — then eventually raise prices without losing those early adopters.
In 2020, dynamic pricing made headlines when the prices of everyday goods such as toilet paper and hand sanitizer changed dramatically. More common examples are happy hours at your local bar, airline pricing on travel websites, and rideshare surge pricing.
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When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally, it is called:
Global Corporate Citizenship is when a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally.
What is Global Corporate Citizenship?Global Corporate Citizenship are the concerted efforts companies make to contribute to the improvement and sustainability of their immediate environment and other environment.
Here, a company would put its effort to providing social and environmental duties.
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The term ____________________ is a key evaluation metric that represents and captures the percentage of consumers within the targeted segment who are exposed to the message during a pre-specified period of time.
The term reach is a key evaluation metric that represents and captures the percentage of consumers within the targeted segment who are exposed to the message during a pre-specified period of time.
Attain is an ecu law and is an acronym for the Registration, evaluation, Authorisation and restrict of chemical compounds. the overall targets of reach are to: provide a excessive degree of safety of human fitness and the surroundings from the usage of chemicals. allow free movement of materials on the EU market.
In widespread, attain requires the registration of chemical materials manufactured or imported into the EU in quantities exceeding 1 metric ton in step with yr. This requirement applies in line with substance and in keeping with manufacturer or importer (as suitable).
A reach certificate of Compliance is a document certifying that a product is compliant with the European reach regulation (EC) No 1907/2006. it may be a testing report or announcement issued via a 3rd-celebration checking out company.
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When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is
When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.
What is an Elastic Demand?Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic. An item has elastic demand if its demand changes more than its price changes.For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.
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When a 1 per cent decrease in price produces more than a 1 per cent increase in quantity sold, the product or service is an Elastic Demand.
What is an Elastic Demand?Elastic demand is measured by its per cent of change in demand divided by its per cent of change in price, provided all other factors remain the same.If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.An item has elastic demand if its demand changes more than its price changes.For example, if two stores sell identical products of the same amount for different prices, in case of a perfectly elastic demand nobody would buy from the seller with a higher-priced product.
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A company that was the leading supplier of home water filtration systems had a network of sales promoters who were under contract for two- or three-year terms and were compensated solely by commissions earned from sales and by occasional bonuses. Veteran promoters also earned commissions by recruiting other promoters for the company. One of the company's veteran promoters was contacted by a former top sales representative for another manufacturer who was looking for similar sales opportunities in the region. The sales rep knew that the promoter might be able to get her a position with his company, which was looking for additional promoters. At the time he met with the sales rep, the promoter's contract with the company had one more month to run. When the promoter's contract with the company expired, he announced that he was forming his own business to market a different line of water filtration systems manufactured by a competitor of the company, and that the sales rep would be in charge of his promotional network. The company brought an action against the promoter for interference with business relations for hiring the sales rep. At a preliminary hearing, the parties stipulated to the above facts and that the promoter was an independent contractor rather than an employee of the company. The promoter then filed a motion for a summary judgment in his favor. Should the court grant the promoter's motion
No, since the jury might conclude that the promoter's methods for obtaining the sales rep were not protected by a privilege.
Privilege protection: what is it?The secrecy of communications between two parties, who the law recognizes as being entitled to a private, protected connection, is safeguarded by privileged communication.
Are privileged and confidential the same thing?Confidentiality is the obligation to safeguard another person's disclosure preferences. A legal principle known as privilege forbids the revealing of private information without the consent of the subject.
What is a privilege claim?Privilege assertions must be made question by question or document by document. Generalizations are not preferred. Because the privilege must be objected to as soon as possible or the claim is waived, it is typically raised during discovery prior to trial.
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One measure of the inflation rate is the a. percentage change in the CPI of adjacent years. b. sum of the CPIs of adjacent years. c. GDP minus the Real GDP in a year. d. percentage change in the Real GDP of adjacent years.
Answer:
all I know is that im broke
Explanation:
bc
When markets and prices are used to allocate, or ration, goods, services, and resources; the allocation is determined primarily by:
The willingness and ability to pay the market price; allocation is done not only by the ability but also the willingness to buy the product i.e. has a demand for the product .
More about demand:
The quantity of a good or service that consumers are willing and able to purchase at a specific price within a specific time frame is simply referred to as demand. In order to fulfill their needs for things like food, healthcare, clothing, entertainment, shelter, etc., people demand commodities and services from an economy.
The demand for a good or service depends on two factors: (A) its utility to satisfy a want or need, and (B) the consumer’s ability to pay for the good or service. In effect, real demand is when the readiness to satisfy a want is backed up by the individual’s ability and willingness to pay.
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Price controls or ______ mandated in the apartment rental market benefit the consumer by establishing a price ______ the free market equilibrium price.
Price controls or ceilings mandated in the apartment rental market benefit the consumer by establishing a price below the free market equilibrium price. This is further explained below.
What is Price control?Generally, Government-mandated minimum or maximum prices are established for particular commodities and services under price regulations.
In conclusion, The customer benefits from price limits or ceilings mandated in the apartment rental market because they set a price below the equilibrium price of the free market.
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1market review in nepal with that market picture
For project work of class 8th O.B.T.E subject
Research has shown that the scenarios of things in the Nepalese market. The market under review here is called the Kalimati fruit and vegetable market and it is located at Kathmandu, Nepal.
What is the Kalimati fruit and vegetable market about?Kalimati fruit and vegetable market is known to be the largest wholesale market that is known to often sell agricultural products in the country of Nepal.
One can find this market in Kathmandu, Nepal. it is said to be maintained by the Kalimati Fruit and Vegetable Market Development.
This market was set up in 1987 and as at that time, it was known to be a wholesale center run by the Nepal government and it was said to be set up by United Nation Capital Development Fund.
The sellers here are known to sell lowest of five kilograms and it also has a retail market for small traders to sell their products.
Study has shown that it has 425 wholesaler, 65 retail and also about 27 fish shops that can be found the market.
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The ________ is the face value of a bond, and the amount that is returned to the bondholder at maturity. Question 3 options: return price par value dead price market price None of these
The par value is the face value of a bond and the amount that is returned to the bondholder at maturity.
Per-value is the value of one common stock stated in the company's articles of incorporation. It usually has nothing to do with the actual value of the stock. In fact, it's often low. The share certificate issued for the purchased shares shows the par value.
The par value of a financial instrument is determined by the institution that issues it. The face value of stocks and bonds was printed on the surface of the stock when it was printed on paper. Market value, on the other hand, is the current price at which a financial instrument can be traded on the stock exchange.
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f the steps are small, a step-variable cost may be approximated using a ______ cost function without significant loss in accuracy.
If the steps are small, a step-variable cost may be approximated using a Variable cost function without significant loss in accuracy.
Variable cost functionAn expense for the company that varies according to how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.It is a production cost whose level fluctuates in response to shifts in a business's manufacturing activities. For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.The total variable cost curve depicts the relationship between total variable cost and the volume of output produced graphically.To learn more about the Variable cost function refer to:
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Information ________ exists when one party in a transaction has more information that is important for the transaction than the other party. discrimination competition transparency asymmetry complexity
Answer:
The answer is Information asymmetry.
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True or false: Many companies provide search advertising for marketers and only a few provide opportunities for online display advertising.
This claim is False because numerous businesses offer online display advertising alternatives as well as search advertising for marketers. Some firms deliver both.
What is Digital advertising?
For your digital marketing efforts to be successful, advertising, a sort of paid promotion, is essential. It draws attention to your core message. To assist you in achieving your business objectives, it boosts your exposure.
Thus, Only if you are actively looking for that good or service will search advertising, which is a pull-type of advertising, emerge. Push-type advertising, or display advertising, involves paying for the right to place adverts where they will appear based on certain criteria.
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Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has _________________, making Japanese goods __________ expensive for Americans.
Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has appreciated, making Japanese goods less expensive for Americans.
The nominal exchange rate (the price in dollars of one euro, for example) and the ratio of prices in the two nations are the ingredients that make up the real exchange rate (RER) between two currencies.
The cost of imported goods is significantly influenced by exchange rates. You will typically spend much more for international goods when your own currency is weaker. As a corollary, a stronger home currency may somewhat lower the cost of imports.
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Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as tablets and smart phones
The category of inventory holding costs that has a much higher percentage than average for rapid-change industries such as tablets and smart phones is E) pilferage, scrap, and obsolescence
What is Inventory?This refers to the record-keeping of goods in a warehouse to show the number of goods available.
Hence, we can see that based on the category where tablets and smartphones would be listed that would have a much higher percentage than average for rapid-change industries is pilferage, scrap, and obsolescence.
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What is the first step of the marketing research process? defining the research problem and establishing research objectives analyzing, interpreting, and summarizing the results determining the sources of information to fulfill the research objectives gathering the relevant data from secondary or primary sources, or both considering the costs and benefits of the research effort
Defining the research problem and establishing research objectives are the first step of the marketing research process.
Identifying the problem and relevant topics is the first step in the marketing research process. After that, you can formulate a strategy and conduct research for the design. The gathering and analysis of data is the next step in the research process.There are six steps in the marketing research process:-
Problem definition is step one, Problem approach development is step two, Research design formulation is step three, Data collection is step four, Data preparation and analysis is step five,Report preparation and presentation is step six.What is the marketing process?
In order to research market prospects, select a target consumer, and develop a comprehensive marketing plan to engage with those customers and qualify leads for the sales team, a company must first go through the marketing process.
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Viola met her manager to discuss an issue she was facing in the office. During the meeting, her manager's phone was constantly ringing. This made it difficult for Viola to explain her problem clearly. Her manager, distracted by the ringing phone, did not grasp the significance of the problem and sent Viola back with half-hearted promises to take appropriate action. In this scenario, the ringing telephone represents
Noise
The ringing telephone represents noise.
In the scenario described above, the manager's phone rang often, distracting him from understanding Viola's complaint and making it difficult for Viola to fully express her issue.
Why is noise an important workplace hazard?One of the most prevalent occupational health risks is noise. In settings like fields, cafeterias, or pubs, as well as environments like heavy industry and manufacturing. The biggest health concern is permanent hearing loss. The major issues in noisy workplaces, classrooms, and computer rooms are annoyance, tension, and interference with verbal communication.
Noise levels should be brought down to tolerable levels in order to avoid the negative effects of noise exposure. Engineering changes to the noise source or the working environment are the most effective way to reduce noise. Personal hearing protection (such ear muffs or plugs) can be utilized when technology is unable to sufficiently handle the issue.
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You purchased 100 shares of ABC common stock on margin at $70 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call
A margin call would be issued if the stock price fell below $42.86.
Given initial margin 50% and maintenance margin 30%.
To find the stock price level to get a margin call.
When the value of assets in a brokerage account falls below a specific amount, known as the maintenance margin, the account holder is required to deposit extra cash or securities to fulfil the margin obligations. A margin call is a demand from a brokerage firm to boost the account's equity.
The formula to compute the margin call price is given below:
Margin call =1-Initial margin/ 1-Maintenance margin * purchase price
=1-.50/1-.30*60
=.50/.70*60
=42.86
Therefore, the answer is $42.86.
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A company has developed the prototype of a mobile phone that it plans to launch in the next few months. The phone comes equipped with the most advanced technological features. As part of its test marketing efforts, the company allows customers to examine and use the prototype and also gathers feedback regarding product features and price. The results of this test marketing effort show that customers are willing to pay at least $500, considering the phone's various features. As such, the company has discovered customers' ________.
The company has discovered customers' lower bound price.
What is customers' lower bound price?Prices that, for each WSS/distribution system, recover the prudent and effective expenses of running, maintaining, administering, and renewing each scheme are referred to as "lower bound" prices. These expenses don't include some expenses, like the return on and depreciation of assets made before July 1, 2000.How do you find lower bound?
To determine a rounded number's upper and lower bounds:
Determine the place value of the claimed level of accuracy.By two, multiply this place value.Find the upper bound by adding this amount to the provided value, and the lower bound by deducting this amount from the given value.What is the difference between upper bound and least upper bound?An upper bound is an element that, although it need not be a part of the set, is at least as large as any element in the set. The smallest of all upper bounds is what is meant by a least upper bound. So, think about the logical numbers that are less than 1. The set has no upper bound.Learn more about lower bound price
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On November 1, 2020, ABC, Inc., received a 3-month, $1,500 note receivable with the 8% annual interest and principal to be collected on February 1. What is the amount of interest revenue that should be recorded for the year ended December 31, 2020? Multiple choice question. $120 $60 $30 $80 $20
The amount of interest revenue that should be recorded for the year ended December 31, 2020 is $20 .
Interest revenueInterest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity.
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Method is a company producing products that limit the amount of negative impact on the environment. Its product line includes dishwashing liquid, cleaners, hand soap, and laundry detergent, to name a few. Method is exploring offering a line of environmentally friendly clothing, mostly T-shirts, shorts, and long pants for both men and women. Its research indicates that they should use psychographic segmentation in their marketing strategy. Which group of segmentation variables will Method likely be using
Psychographic segmentation variables will method most likely be using.
What are segmentation variables?Market segmentation often entails establishing groups of people that have similar characteristics. Segmentation variables are the features of persons that are used to determine whether or not they are comparable. For example, if a market is segmented based on people's ages, then age is the segmentation variable.Types of segmentation variables:Demographic segmentation.Psychographic segmentation.Behavioral segmentation.Geographic segmentation.What is Psychographic segmentation?Psychographic segmentation divides your client base into groups based on factors that influence purchasing behavior, such as beliefs, values, lifestyle, social status, opinions, and activities.What is Demographic segmentation?Demographic segmentation classifies consumers and potential customers based on characteristics such as age, gender, income, occupation, and family status.Therefore, Psychographic segmentation variables will method most likely be using.
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Jennifer is a salesperson at a cellphone company. When selling a cellphone to a new customer, Jennifer conceals the fact that the particular cellphone has a defect. In terms of ethical selling, concealing the information about the product is ethically _____.
"Jennifer is a salesperson at a cellphone company. When selling a cellphone to a new customer..." In terms of ethical selling, concealing the information about the product is ethically unfair because it lowers the earnings for the customers and the mobile operates poorly. This is further explained below.
What is a salesperson?Generally, an employee whose primary responsibility is to sell a product or service to consumers in a certain geographic area, retail shop, or over the phone
In conclusion, "Jennifer works in sales for a mobile phone firm. When a new customer purchases a phone from you..." Since it reduces consumer revenues and compromises the performance of the mobile device, hiding product information is unethically unfair from the standpoint of ethical selling.
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If your organization contracts out all of its functions except for the company name and coordinating the contractors it is a .
If your organization hires all of its functions except the company name and coordination of contractors, it is a virtual organization.
What is a virtual organization?It corresponds to an organizational structure that works in the form of alliances that come together for a specific purpose, usually to start a project faster and with shared responsibilities, such alliances being dissolved at the end of the joint project.
Therefore, in a virtual organization, there are separate business units according to the business objectives and goals.
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When consumers and businesses have greater confidence that they will be able to repay in the future, _______________________.
When consumers and businesses have greater confidence that they will be able to repay in the future, the quantity demanded of financial capital at any given interest rate will shift to the right.
Who is a consumer?A consumer can be defined as end user or the person that buys goods or products from a buyer.
There will be shift in demand if both consumers and businesses have the confidence that they will be able to repay a capital at any given interest rate.
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HELP PLEASE If in response to an increase in investment of $5 billion, equilibrium output rises by a total of $20 billion, then the marginal propensity to consume is
A) .8
B) .75
C) .7
D) .6
E) .85
Answer:
Pretty sure its B
Explanation:
lets say you have 20 take away 75% of 20 and your left with 5. every 5 Billion is 25%
Answer:
0.75 took the test
Explanation:
How much do you have to deposit today so that you can withdraw $50,000 a year at the end of years 5 through 9, and $25,000 at the end of year 10
Present value of the future cash flow is 158318.
Rate of return is 8%
The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value. The formula's n stands for the number of time periods (years) t.
Disclaimer
How much do you have to deposit today so that you can withdraw $50,000 a year at the end of years 5 through 9, and $25,000 at the end of year 10 when rate of return is 8%.
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Ervin Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a percentage of credit sales. For 2021, net credit sales totaled $4,500,000, and the estimated bad debt percentage is 1.5%. No previously written-off accounts receivable were reinstated during 2021. The allowance for uncollectible accounts had a credit balance of $42,000 at the beginning of 2021 and $40,000, after adjusting entries, at the end of 2021. Required: 1. What is bad debt expense for 2021 as a percent of net credit sales
Ervin Company uses the allowance method to account for uncollectible accounts receivable :
1) The estimated bad debt percentage is 1.5% of $4,500,000 =$ 67,500.
2) Accounts Receivable Written Off = $ 69500.
3) If direct method is used the amount of bad debts expense during the year 2021 would be $ 67,500.
Ervin Company:For 2021, Net credit sales totaled = $4,500,000,
1)The estimated bad debt percentage is 1.5% of $4,500,000 =$ 67,500
Allowance for uncollectible accounts beginning balance $42,000 Cr
Add Bad Debts $ 67,500
Deduct Allowance for uncollectible accounts ending balance $40,000
2) Accounts Receivable Written Off = $ 69500
This can also be determined using a T account
All. for UncollectibleDebt Credit
Beg Bal; $ 42,000
Bad debts 67,500
A/R written Off
69,500
Balance $ 40,000
3) If direct method is used the amount of bad debts expense during the year 2021 would be $ 67,500
I understand that the question you are looking for is:
Required:
1. What is bad debt expense for 2021 as a percent of net credit sales?
2. Assume Ervin makes no other adjustment of bad debt expense during 2021. Determine the amount of accounts receivable written off during 2021.
3. If the company uses the direct write-off method, what would bad debt expense be for 2021?
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The worker-misperception explanation of the SRAS curve is used to explain why a. SRAS curves shift to the left b. the SRAS curve slopes upward. c. SRAS curves shift to the right d. the AD curve cannot change the price level if the SRAS curve is operational. e. the SRAS curve slopes downward.
The SRAS curve slopes upward.
We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.The SRAS curve will move to the left as the cost of such inputs rises, signaling that, at each level of output price, greater input costs will discourage production because they will make it more difficult to turn a profit.The SRAS curve moves to the right as productivity increases because more productive businesses can generate more output at all pricing points.Thus this is the answer.
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Firms that hire (or encourage) well-known names to promote brand messages to their networks of followers are using
Firms that hire (or encourage) well-known names to promote brand messages to their networks of followers are using Influencer marketing.
What is Influencer marketing?
Influencer marketing is a type of social media promotion that uses product placement and endorsements from figures with a reputedly high level of expertise in their respective fields.
To reach their target market, several brands use influencer marketing. Influencer marketing is used by well-known companies to promote their products for years by utilizing influencer marketing. Through social media, they aim their influencer marketing toward a younger demographic.
An influencer uses their platform to promote a brand's product in exchange for a commission based on sales. The fact that the influencer only receives payment for actual sales creates a slight bias in favor of the brands.
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