Answer: (D)
None of the above
Explanation:
Implied warranty of fitness for a particular purpose is a warranty that a seller has knowledge about a product and the purpose of that product, and the seller guarantees the buyer that the product is fit to be used for that purpose.
The requirements therefore are that;
• The seller knows about the product required by the buyer, and its purpose.
• The seller knows the buyer is relying on his expertise.
Therefore, none of the options provided above are requirements of implied warranty of fitness for a particular purpose.
Solution:
Service cost (from pension expense column) = $89 = ($89) in the PBO column
Interest cost (from pension expense column) = $32 = ($32) in the PBO column
Loss on PBO (given) = ($34)
Retiree benefits (from plan assets column) = ($61) = $61 in the PBO column
Ending PBO = ($670) + (89) + (32) + (34) + 61 = ($886)
Net pension liability = ($886) + 331 = ($555)
Net pension asset of $555.00 was the balance of the net pension asset/liability reported in the balance sheet at the end of the previous year
<span>Tina's mother and father pay her car insurance as long as she makes good grades. This is an example of which economic concept? Positive incentive. A positive incentive is a value that is given during the performance of a regular behavior. As long as Tina does what she is supposed to her parent's will continue to pay her car insurance. There is a reward for her doing what she </span>should be doing on her own which is motivating her to continue to do it.
Answer:
long-run average total cost decreases as output increases.
Explanation: