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lys-0071 [83]
3 years ago
6

A surplus exists in a market if​

Business
1 answer:
SCORPION-xisa [38]3 years ago
8 0

Answer:

A surplus exists in a market if​ the supply happens to be excessive

Explanation:

In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.

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Check My Work Mack is injured by a tractor manufactured by WestCo. In order to defend against a negligence claim based upon the
Tamiku [17]

Answer:

Option D Showing the absence of privity of contract between it and the consumer.

Explanation:

The reason is that privity of contract says that the party of the contract are only allowable to sue each other which in other words can enforce the other to fulfill his requirements that were agreed while forming contract. So the right answer is option D because it is not related to the negligence claim.

The duty of care that the company owes towards its product's users includes using appropriate production process so that the customer will not be injured, placing the caution and warning labels so that the person can save him from the injury and the company has used components that will not harm the user of the product.

So all the options are correct except option D.

8 0
3 years ago
If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p
lesantik [10]

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

6 0
3 years ago
Which type of portfolio might a young investor who is not afraid of risk choose? a portfolio of with a high percentage of stocks
ryzh [129]
The suitable portfolio for the young investor is a.) portfolio of with a high percentage of stocks. Stocks are a person's share in a company, giving them profits or losses based on a company's performance. Stocks are highly risky due to the unpredictable performance in the stock market, prices can rise or drop fast. However, the returns of the stocks are higher compared to other financial instruments.
5 0
3 years ago
Personal Finance: What change is taking place on this graph?
ioda
The answer is not C it is actually D. from P1 to P2 the demand curve is shifting outwards, therefore creating an increase in demand
4 0
3 years ago
Read 2 more answers
Jason is an employee at Manisch Burger and Meals. He is assigned the task of serving soft drinks to customers who order meals co
VARVARA [1.3K]

Answer:

C) Job specialization

Explanation:

Job specialization defines that who is specialist for a particular field or subject. It shows expertise in a specific sector like finance, operation, Sales manager, customer service, delivery boy, human resource. etc. It indicates talent, skills, competencies of a particular person.

Therefore in the given scenario Jason who is serving the potato fries, a burger, and a roll shows the expertise in his field and that is called Job specialization.

6 0
3 years ago
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