Answer:
Yes, there was a bilateral mistake of material fact.
Answer:
c. $300; negative $100
Explanation:
Accounting profit is total revenue less total cost or explicit cost.
Accounting profit = Total Revenue - Total cost
Total revenue = price x quantity
100 × $10 = $1,000
Total cost = $700
Accounting profit = $1000 - $700 = $300
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Implicit cost = $20 × 20 = $400
Economic profit = $300 - $400 = $-100
I hope my answer helps you
Answer:
The correct answer is (a)
Explanation:
Material inventory planning technique is an effective technique to manage the inventory level. It helps to manage all the inventory requirements and helps to schedule the inventory accordingly. It reduces the uncertainly regarding the inventory level, needs and materials. It helps to have the entire inventory needed for the short time; as soon as the inventory reaches a specific level it helps to restock it.
Answer:
The correct answer is the option A: causes demand for LGBP Clothing to be less elastic.
Explanation:
To begin with, due to the fact that the content shown in the advertisement tends to be pretty good due to the people having fun with the company's clothes then the customers will picture themself in that same situation wearing the clothes of the firm, therefore that they will tend to buy more products of the company and by doing that the price elasticity of demand will decrease due to the fact that now the goods will be more needed by the people due to the advertisiment.
Answer:
Options B and E.
Explanation:
In order to answer the question, we must first define what a wiki is.
A wiki refers to a website which is collectively created by multiple users. It is a collaborative content management system (CMS) for collecting and organizing media that is created and revised by its users. A popular example is Wikipedia.
From the definition, we can conclude that in the scenario given above, the wiki that Zara is creating will be used by the experts in the veterinary clinic. They will be able to use the wiki website, update contents, and organize media.
Therefore, the two best options would be:
B. To educate veterinarians about the latest surgical techniques. This is because the experts would update the procedures on the wiki website.
E. To allow clinic veterinarians to collaborate on reports.
