The contradiction can be explained by the substitutability between Jimmy Choo shoes and other shoes.
Substitutability is the ability of goods or services to be replaced by another good or services to be replaced by another good or service in use or consumption. Substitute goods are goods which, as a result of changed conditions, may replace each other in use. For example in this case, jimmy choo faces other competitors who have substitute shoes.
Answer:
Equitable maxims
Explanation:
Listed below are some Equitable maxims
- People who come to equity must come with clean hands;
- people who seek equity must do equity;
- equity regards as done that which ought to be done;
- equity follows the law; and
Answer:
The correct answers are A, B and C
Explanation:
Job cost sheet is the sheet or the document which is used for recording the manufacturing costs and it is made or prepared through the companies that use the system of job order costing in order to compute as well as allocate the costs to the services and the products.
It is used to provide the subsidiary ledger for the Inventory which is finished goods, monitor the costs that is incurred and to predict as well as control the costs of each and every job and provide a record which is permanent for the account of COGS.
Answer:
B. The portfolio expected rate of return must be the same for each economic state.
Explanation:
Variance formula = sum of (probability x (r - mean)^2)
r= expected return
if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).
Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.