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3 years ago

The code that forty-nine states have adopted to interpret and enforce contract law is the _____.

Business

2 answers:

horsena [70]3 years ago

5 0

Answer:

Uniform Commercial Code

Explanation:

grin007 [14]3 years ago

3 0

<span>The code that forty-nine states have adopted to interpret and enforce contract law is the "Uniform Commercial Code".

</span>The Uniform Commercial Code was published in 1952 and it contains many uniform acts. The nine articles of the UCC is an arrangement of laws overseeing the offer of products, leases of merchandise, debatable instruments, bank stores, support exchanges, letters of credit, mass deals, distribution center receipts, bills of replenishing, investment securities and secured exchanges. As the national economy developed at the turn of the twentieth century, a need to direct business exchanges consistently became important. With the reception of the UCC, organizations and in addition people are secured.

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Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is units, how man

saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

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3 years ago

A natural monopolya. exists when many sellers experience lower average total costs than potentialcompetitors do.b. exists when a

liq [111]

Answer:

e. exists when a single seller experiences lower average total costs than any potential competitor.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public water supply company is an example of a monopoly because they serve as the only source of water provider to the general public in a society.

A natural monopoly exists when a single seller experiences lower average total costs than any potential competitor because of the very high start-up or initial cost and economy of scale.

8 0

3 years ago

Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair of jeans purchased is $25 an

inessss [21]

Answer:

80 units

Explanation:

Given:

Price: $25 we have: 100 units
Price: $20, how many units to maximize the total utility

Let X is the number of units we need to find

As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:

$25 100 units of utility

$20 X

<=> 25X = 20*100

<=> X = 80 units

Hope it will find you well.

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3 years ago

Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the pr

BabaBlast [244]

Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product

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3 years ago

Strategy is ______. Multiple choice question. a sustainable and dominant market share the set of actions a firm takes to achieve

PtichkaEL [24]

Strategy is a sustainable and dominant market share the set of actions a firm takes to achieve a competitive advantage.

<h3>What is Competitive advantage strategy?</h3>

Competitive advantage can be explained as factors that influence a company to produce goods or services and be able to stand out compare to her other company in that industry.

These advantages help the company to be able to produce and generate more sales compared to its market rivals.

Learn more about competitive advantage at:

brainly.com/question/9067127

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2 years ago