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Colt1911 [192]
2 years ago
11

​fresh harvest company, which is based on georgia, packages and sells vegetables. jack, who is a resident of north carolina, buy

s a fresh harvest product, eats it, and suffers severe food poisoning. jack wants to file a suit against fresh harvest. the diversity of citizenship between these parties means that
Business
1 answer:
erastovalidia [21]2 years ago
7 0
<span>This means that the two states involved will lead to concurrent jurisdiction between the federal and state courts. This could lead to Jack looking for the court that will give him the most favorable ruling against the business for selling a defective product.</span>
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_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod
amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

7 0
3 years ago
In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat
otez555 [7]

Increased competition.

Answer: Option 3.

<u>Explanation:</u>

Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.

In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.

5 0
2 years ago
During 2021, its first year of operations, Ashbaugh Industries recorded sales of $21,000,000 and experienced returns of $1,400,0
juin [17]

Answer:

B) Credit to refund liability of $280,000

Explanation:

The total estimated returns are 85 of the total sales = 8% x $21,000,000 = $1,680,000.

Since the company had already accounted for $1,400,000 in returns, the adjusted necessary should be = total returns - accounted returns = $1,680,000 - $1,400,000 = $280,000

Since the refund liability account must increase, and it is a liability account, it should be credited.

3 0
2 years ago
Match the products below with the type of market in which they are sold
Lera25 [3.4K]

Answer:

Oil to Commodity market,  Treasuries to current exchange market, and Dollars to bond market

Explanation:

4 0
2 years ago
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes
Hatshy [7]

Answer:

$65,000

Explanation:

The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

C=\$46,000+370*\$160\\C=\$105,200

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000

Radar's additional income is $65,000.

6 0
3 years ago
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