Answer:
Implied-in-fact-contract.
Explanation:
The mentioned elements are a part of Implied-in-fact-contract.
Implied-in-fact-contract is a form of implied contract formed by non-verbal conduct, rather than by explicit words. Supreme Court of USA has defined Implied-in-fact-contract as "an agreement 'implied in fact'" as "discovered when a meeting of minds, which, although not embodied in an express contract, is inferred, as a fact, from conduct of the parties showing, in the light of the surrounding circumstances, and their tacit understanding
Answer:
A. An oven used to bake bread at a bakery
B. Workers hired to pick grapes at a vineyard
A resource is something a business needs for its production. A and B both directly benefit production while C indirectly benefits it and D has no impact.
Note: Answer C is a technological resource but it indirectly affects production. Most people do not include it as a resource but occasionally some do.
Answer:
60 pizzas
40 pizzas
Explanation:
Marginal product measures the change in output as a result of a change in input by one unit
Marginal product = change in output / change in input
Marginal product for the 4th worker
Change in output = 360 - 300 = 60 pizzas
Change in input = 4 - 3 = 1 worker
Marginal product = 60 / 1 = 60
Marginal product for the 5th worker
Change in output = 400 - 360 = 40 pizzas
Change in input = 5 - 4 = 1
Marginal product = 40 / 1 = 40
It can be seen that marginal product decreased from 60 to 40 when the 5th worker was added. This illustrates diminishing marginal returns.
The law of diminishing returns says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Well, you couldn't use the coupon because its only for that one specific movie you were gonna see and since its at the same time as the new release, you couldn't reuse the coupon. If you do go with your friend, Its $10 a person. If you're paying for both of you, it would be $20. If you are paying for yourself, its just $10. If your friend has a coupon like you had (but for the new release and same time) then it would be $17 total if you paid for both tickets. Hope this helps :)
