Answer:
may be liable for both the negligent and intentional acts.
Explanation:
In the case when an agent is within the scope of agent relationship that committed both type of acts i.e. negligent and intentional that results the injury to the third party so here the principal may be liable for both the act i.e. negligent and intentional as it is followed by the doctrine of respodeat superior
Therefore the second option is correct
Reminder advertisements are especially effective for products in which stage of their product life cycle? Mature. Heading into the mature stage of the product life cycle shows peaking sales that eventually slow down. When the sales start to slow, advertisers will have reminder advertisements to remind consumers their product is still readily available for purchase.
Answer:
The firm's profits if it charges the two prices as mentioned above = $ 1425
Explanation:
P.S - The exact question is -
Proof -
we calculate the profits individually for 2 different prices:
When price = $75:
Quantity sold = 15 units
Total revenue = 15 × 75 = $1125
Total cost = Marginal cost × quantity
= 20 x 15 = $ 300
⇒Total cost = $300
So,
Profit = 1125 - 300 = $825
When price = $35 :
Quantity sold = 55 - 15 (quantity purchased at price = $75)
⇒Quantity sold = 40
Total revenue = 40 × 35 = $1400
Total cost = Marginal cost × quantity
= 20 x 40 = $ 800
⇒Total cost = $800
So,
Profit = 1400 - 800 = $600
Now,
Total combined profit = 825 + 600 = $1425
∴ we get
The firm's profits if it charges the two prices as mentioned above = $ 1425
Here are some missing parts of your question.
contract price for a = 125,000, for b = 80,000
cost of related goods for a = 70,000 for b = 55,000
Explanation:
1. Both contracts should be combined for the the purpose of applying this model. so the answer is yes
2.
120000 + (5000 x 60%)
= 120000 + 3000
= $123000
80000 (5000 x 40%)
= 80000 + 2000
= $82000
from the question we were told that prices for Contract A is $120,000 while prices for Contract B is $80,000. the Contract price of Contract A put to be $125,000. so we have $5,000 more that should be shared between the contracts a and b. so the obligations for goods from A is calculated to be $123,000 and tht of contract B is $82,000.
c.
when control of goods is shifted to customer then the revenue has to be recognized