Answer: in the given hypothetical statement above in order for the market to coordinate the demand and supply for dvds, the price of dvds will have to increase. When the price of dvds increase the supply will increase too, because the suppliers will now have a greater profit margin than before. On the other hand, the demand will decrease because of the higher prices and in this way the demand and supply curves will reach an equilibrium.
Answer:
Ratio values cannot be judged in isolation. For example, the Phone Corporation's ratios calculated previously have no industry benchmarks against which they can be compared. The ratios for competitor can also be used for comparison. Again, the ratios were calculated for only one period in each case. There should be a trend analysis and computation of ratios over some years in order to assess their strengths and weaknesses.
Overall, they do not look strong. But, one should not be too quick to conclude on this issue.
Explanation:
Ratio analysis is a technical method of gaining insight into a company's liquidity, operational efficiency, and profitability by comparing the elements of its financial statements such as the balance sheet and income statement. While ratio analysis is a cornerstone of fundamental equity analysis, it must be noted that the values produced are just relative measures which cannot be meaningful without being related to some benchmarks or compared over a number of years.
There are different kinds of cases. The answers to the questions are blow.
- Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.
- In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.
- Georgia and Florida have personal jurisdiction over the trucking firm?
Yes, Marya sue the trucking firm in Georgia and Florida state courts.
Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;
- Get a lawyer in Georgia
- Make multiple trips to Georgia
- Have witnesses travel to Georgia.
Miriam would likely want to sue the trucking firm in Florida because:
1. The court is closer to her home
2. She can better research for local lawyers
- Miriam can sue the trucking firm in a federal trial court because residents of different states.
<h3>What takes place in a court case?</h3>
In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.
After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.
Learn more about jurisdiction from
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Answer: Option B
Explanation: Semi variable cost or semi fixed cost are the expenses which are composed of both fixed and variable cost. In such type of costs, the nature of the cost remains fixed till a certain level of production or consumption and becomes variable when the production level exceeds that stage.
For example :- A state charge its residents a fixed amount of electricity bill till 300 units of consumption and after 300 units the residents must pay $1 for every additional unit consumed.
