Answer:
Implied warrenty
Explanation:
The sale itself constituted an implied warranty of merchantability but not an express warranty or a warranty of fitness for a particular purpose.
Answer:
Price; marginal cost; cost minimizing; output; Cost of production or cost of inputs involved in production
Explanation:
In perfect competition a firm is in equilibrium when its marginal cost of production is equal to the price of its product. The firm will be able to maximize profit or minimize cost at this point.
The demand curve is a horizontal line, which means demand is perfectly elastic. A change in the price will cause the demand to become zero.
The cost mentioned here is the cost incurred to employ inputs in the process of production, which is an explicit cost.
<span>In the past ten years, the largest amount of growth has been seen in the expenditure on services. For example, in the period 2014-5, that expenditure grew by 3.4%. Comparatively, the other components of household expenditure showed relatively modest differential gains during the last 10-year period.</span>
Alternative development means local development
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I’m pretty confident it is C. It is my understanding that GDP and unemployment rates have an inverse relationship. When the economy is doing well you would expect the GDP to increase and the unemployment rate to decrease.
