Answer:
C. some factors that are not measured or observed may affect the curve.
Explanation:
a lot of unforeseen circumstances might occur. these occurrences would not be measured in the estimated demand curve. this would lead to the estimated demand curve not matching the actual demand curve.
for example, the factors affecting the demand for bread are ; price, income, price of a substitutes. these are included in estimating the demand curve for bread. Assume that a study comes out stating that bread is harmful to the health.this reduces the demand for bread. this study wasn't anticipated and included in estimating the demand curve. as a result, the actual data would differ from the estimated data
Answer:
Toyosan's air bag was defective because it did not meet the expectations of a reasonable consumer.
Explanation:
Since the airbag was not as effective as it was expected by the customers, a suit against the car manufacturers from product liability may see the court conclude that the air bag was defective since it did not meet the expectations of a reasonable consumer which would have been protecting her head from hitting the steering wheel which still occured even tho the air bag was deployed.
Answer:
Correct option is B.
$278,000
Explanation:
Common Fixed Expenses = Office Administrative Assistant + Office Administrative Assistant + President's Salary
Common Fixed Expenses = $61,750 + $46,750 + $169,500
Common Fixed Expenses = $278,000
Answer:
total product costs = $101750
Explanation:
given data
overhead costs = $ 100
Direct materials of $41,000
direct manufacturing labor = 450
per hour = $35
markup rate = 30 %
solution
we get here total product costs that is express as
total product costs = Direct materials + DML + MOH ..........1
total product costs = $41,000 + ( 450 × $35 ) + ( 450 × $100 )
total product costs = $41,000 + $15750 + $45000
total product costs = $101750
