Answer:
2. of increasing and diminishing returns.
Explanation:
In short run cost there are usually fixed factors of production. That is, it refers to a firm's physical ability to produce.
The U shape is as result of decline in average fixed costs eg Rent, and due to diminishing marginal returns to the variable input such as labor.
Because of the law of diminishing returns, once the marginal product of labor initially rises, and reaches it's peak it then continuously falls as production increases thereby creating a U Shape graph.
The right answer for the question that is being asked and shown above is that: "<span> 4.independent costs." </span>The trasportation costs involved in getting a product to a cosumer after the product has been made are <span> 4.independent costs</span>
Answer:
Death of a member does not cause the LLC to dissolve unless the rest of the members want to continue. It is not a characteristic of a limited liability company.
Explanation:
An LLC or limited liability company is a kind of hybrid corporate structure which combines the characteristics of a corporation and sole proprietorship or partnership. The company has a separate legal existence apart from its members. The members have a limited liability. There is flexibility in taxation. All the members are allowed to participate in management, there is no board of directors for management.
Answer:
Imagination Station is engaging in Vertical Integration.
Explanation:
Vertical Integration is a business strategy whereby a firm acquires businesses that provide the supplies it needs to make its products or that makes and sell its products.
In this context, Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers and was approached by Imagination Station, a large computer manufacturer about purchasing their company.
Answer:
b. Hold the tires with reasonable care for disposition as the seller instructs.
Explanation:
When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.
1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.
2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.
The seller still has the opportunity to meet the contract standard and close the deal.
So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.
