Answer:
0.8
Explanation:
Given:
Number of chips contained in each box = 10
Weight of each packet of chips = 3 ounce
Average weight per box = 853 grams
Upper specification limit of the weight = 846 + 12 grams = 858 grams
Lower specification limit of the weight = 846 - 12 grams = 834 grams
Standard deviation, σ = 5 grams
Now,
Capability index = 
or
Capability index = 
or
Capability index = 0.8
Pure competition simply means a market that's has a wide range of competitors who are selling the same products.
Your information is incomplete. Therefore, an overview of pure competition will be given. In pure competition, all the companies sell identical products.
In pure competition, the market share does not influence the price. Also, companies can enter or exit the industry whenever they like as there's no barrier. The buyers have perfect information as well.
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A compromise, or settlement agreement, that arises out of a genuine dispute over the obligations under an existing contract will be recognized at law. The agreement will be substituted as a new contract when there is <span>the agreement by the parties to the new contract </span>and will either expressly revoke and discharge the obligations under the prior contract. It does not require the intervention of the law.
