Product Liability Law is the legal obligation of sellers to pay damages to individuals who are injured by defective or unsafe products.
Answer:
The amount that the lighting plant be charged from the payroll department for its services is $25,000
Explanation:
Provided data from the question:
Payroll budget = $100,000
number of checks issued per week = 4000
number of employees = 1000
Since, the service department charge rate is calculated as the total service department expense divided by total service department usage, the amount that should be charged from the payroll department for its services;
= $100,000 ÷ 4,000
= $25 × 1,000
= $25,000.
<span>If the summer in a resort town is very rainy we can expect demand to shift left and the equilibrium price for hotels to fall. Decreases</span><span> in </span>demand<span> are shown by a shift to the left</span><span> in the </span>demand curve. <span>If the supply decreases but demand holds steady, the </span>equilibrium price<span> increases but the </span>quantity<span> falls. If in summer rains than it is expected less tourists to visit the city and that is why the demand will be shifted left.</span>
Answer: True- Technological substitution
Explanation:
The technological substitution is the term which refers to the preference of the consumers to the one product from the another and it is basically due to the advancement in the technology.
The technological substitution plays an important role at the time of purchasing the products in the market. The technological characteristics and also the features attract the consumers for buying their products and the services.
According to the given question, the Technological substitution is one of the concept that best illustrating the given scenario based on the manufacturing innovation streams.
Therefore, Technological substitution is the correct answer.
