Answer:
Mitigate her damages.
Explanation:
In this scenario, Velma contracts with Gordon, who agrees to build a stone retaining wall and French drain on her property. The wall and drain are necessary to prevent erosion of her land, which is falling into the creek on her property at a rapid rate. If Gordon breaches the contract by failing to get to work, Velma is under a legal obligation to mitigate her damages.
Velma has the legal rights and responsibilities to make sure she does anything humanly possible to reduce or lessen the damages to her property.
She could sue Gordon for not getting to work or failing to start work thereby causing more damage.
Answer:
Quotas do not affect the equilibrium price, whereas tariffs do not affect the equilibrium quantity.
Explanation:
The import tariff decreases the import quality from AD to CB and increases the price of the good from P to P*. The import restricting effect and consumption effect is same for quotas and tariff. So, the deadweight loss from them is the same from quotas and tariff (HIJ and GEF).
Please observe the image attached.
However, tariff enables the government to increase their revenue from the imports while import quotas precludes such revenue (GEHI). Thus, the cost tariff is lower than the import quotas imposed.
Answer:
decrease
Explanation:
As we know the gross profit is the net of sales and cost of goods sold.
Gross profit = Sales - Coast of Goods Sold
Lowering the price will decrease the sales value because sales is calculated by multiplying selling price per unit to number of units sold.
If we keep the cost of goods sold constant, then decrease in price will directly effect the gross profit and will reduce it too.
Based on business sales strategy, marketing intermediaries add <u>time utility</u> to products by having them available when consumers want them.
This is because the <u>time utility</u> allows the business firms and marketers to make the products available to the consumers whenever they need them.
<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.
Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."
Learn more here: brainly.com/question/12514869
Answer:
Demand
Explanation:
customer-induced variability in finance can be explained as kind of co- creation that exist in customer and the service script.
It should be noted that the five sources of customer-induced variability are;
1)arrival of customers
2) Capability variability
3) effort
4) Request from customer
5) subjective reffrence
The arrival of customers shows what customers have in their own plan.
The capability variability gives the ideal about the strength of the customer concerning the service
Effort describe how willing the customer is, to give their support.
Hence among the given option only demand variability is not one of the five sources of customer-induced variability.
