How does information provided by the government influence consumer decisions? consumers prevent companies from selling products revealed to be dangerous. consumers do not buy products revealed to be dangerous. consumers buy products regardless of government information. consumers use the information to test new products for themselves?

Question

Business

Makhi

4 August, 16:41

How does information provided by the government influence consumer decisions? consumers prevent companies from selling products revealed to be dangerous. consumers do not buy products revealed to be dangerous. consumers buy products regardless of government information. consumers use the information to test new products for themselves?

+4

Answers (1)

Know the Answer?

Carl Mcneil · Answer 1

Government can definitely influence the consumer decisions by giving out certain information. So the consumers do not buy the products that are revealed to be dangerous. Sometimes this government involvement in the company business may affect the consumers like if the government takes some of the company's profit, the companies will charge higher for the consumers.