All parties in the chain of distribution of a defective product are strictly liable for the injuries caused by that product.
Chain of distribution refers to everyone involved in a transaction of a product from the beginning stages to the end when the consumer has the product. Strict liability is a doctrine that states all parties in the chain of distribution of a defective product are liable for the damages caused by it.
Taxed market forces are destroying the industries
Answer:
C) $21,080
Explanation:
The computation of the net operating income is given below:
Particulars Per unit Total
Sales $114 $1,128,600
Less: Variable expenses:
Raw material cost (6 pounds for $4) $24 $237,600
Direct labor cost (2.4 hours for $24) $58 $570,240
Manufacturing overheads (2.4 hours for $9) $22 $213,840
Variable selling and admin expenses $2 $15,840
Contribution margin $9 $91,080
Less: Fixed Selling and admin exp $70,000
Net operating income $21,080
Answer:
b. output increased dramatically, due to labor productivity increases.
Explanation:
Between 1870 and 1910, corn and wheat output increased dramatically, due to labor productivity increases.
This is a graph based question and hence reading off the graph provided in the scenario the output more than doubled between 1870 and 1910
Answer:
Stocks
Explanation:
Stocks also referred or recognized as the equity or the shares, it is defined as the kind or form of the security which signifies the ownership that is proportionate while issuing to corporation or business.
The stock is entitles the stakeholders to the proportion of the assets and the earnings of the corporation, and these investments could be bought from online stock brokers.
So, the best assets for the long term investor in order to fend off the threats of taxes and inflation when making the money to grow is stocks.
