I believe the answer to your question "Government regulations can preempt claims for product liability" is true.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Toaster Microwave Total
Sales revenue $255,000
Variable expenses $210,000
Contribution margin $45,000
Fixed expenses $90,000
Operating income (loss) $( 45,000 )
Germain Appliances can eliminate fixed costs of $ 36,000 by discontinuing the Microwave line.
New income= 100,000 - 54,000= 46,000
Difference= 46,000 - 55,000= -9,000
Answer:
The opportunity cost of buying 1 more dress is 2 pairs of shoes
Explanation:
In the graph attached to this question below, it is seen that when Denasia purchases 3 dresses, he has 4 pairs of shoes. Now if he wants to purchase 1 more dress, he has to sacrifice 2 pairs of shoes.
Thus, the opportunity cost of buying 1 more dress is 2 pairs of shoes.
Note: Kindly find an attached image of the graph as a part of the solution to the question below.
Answer:
Option C People face tradeoffs
Explanation:
The reason is that the tradeoff is situation where the wise person value the matter on a set scale and then make a decision to choose the best for the thing that he is ready to sacrifice. In business, it is also called Opportunity cost. You have two options in the scenario, if you go to swimming you can't watch the movie and if you go to movie then you can't enjoy swimming.
Example
When my girlfriend calls me during job timings I have to choose to leave the work or carefully listen to her. If I don't consider the girlfriend call a tradeoff here, I will stay single. So tradeoff are very important.
Answer: A. Identify issues.
Explanation: Hisaoki's company failed to identify issues, because they never considered problem might arise but it did arises.
In identifying issues one must be clear what the problem is and plan on how to solve them, analyzing the problem is important when identifying issues. This help you to be about the situation when there is problem.