Both a and b. so tje answer would be d
Answer:
In this situation
Wuthering Flights is an airline that sells seats for domestic air travel in the nation of Hamsterville. This firm experiences decreasing the average cost for the entire range of its demand curve due to very high start-up costs associated with running an airline.
The option that is based on information is:
E) It can produce and supply flights at a lower cost per unit than if there were many smaller firms
Explanation:
The reason behind this is that thanks to the start-up costs being mitigated, the company can compete in the market at very low prices. This is the classic example of a company that has developed very well in the industry and uses the advantage of the establishment to gain more consumers. It doesn't matter if the margin is smaller than its rivals, while the amount of sales is big enough to achieve a good net profit.
Answer:
The U.S law will apply
Explanation:
In international trade like this, business operate under<u> the country of Origin rules. </u>This rules dictates that when dispute arises between two companies with different country of origin regarding a product or service, the law that will apply will be the law from <u>where the product or service is originated.</u>
Take a look at this sentence from the excerpt :
<em> Olivetone Inc., a Florida corporation, manufactures and sells suntan product</em>
Since we know that Olivetone is the one that manufacture the product, the product or service is originated from United States. This mean that their dispute will be regulated under the U.S law.
In the 1970, the inflation contributed in Washington's boom-bust cycle as it b.drove up the figure or the cost of the consumer goods at that time which is then the answer. Hope this then would really be of big help.
