Answer:
The best answer is "D"
Explanation:
Jessica will not prevail in her product liability suit under a theory of misrepresentation.
The key to recovery on the basis of misrepresentation is the plaintiff's ability to prove that he relied upon the representations that were made and for Jessica she is a little more the 200 pound mark.
Answer:
The correct answer is c. Reducing barriers that limit entry of firms into new and existing markets.
Explanation:
An entry barrier is a high cost or other type of barrier that prevents a business from entering the market and competing with other businesses. Barriers to entry may include government regulations, the need for a license, or having to compete with a large corporation being a small business.
As an example, the large company is able to produce a larger quantity of products more efficiently than a company with fewer resources. They have lower costs because they are able to buy bulk materials, and they have less overhead because they produce more under one roof. It would be difficult for the small company to keep up with that, resulting in the avoidance of market entry.
Barriers to entry can have a negative effect on prices because the playing field is not level and competition is restricted. It is not an ideal situation for anyone except for the large company that has a monopoly. However, entry barriers are not always prohibitive. In fact, many new businesses find some type of entry barrier that they must overcome, be it the initial investment, the acquisition of licenses or obtaining a patent - it is only part of the business.
The reduction of tariffs will provide greater market access to foreign products.
<h3>What is a tariff?</h3>
It should be noted that a tariff simply means a tax that's on an imported good. This is vital to generate revenue for the government.
Reducing many of the tariffs that are still in existence will lead to greater market access to foreign products.
Learn more about tariffs on:
brainly.com/question/1172085
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Answer: Radial Autos should pursue Backward Integration.
Explanation: Backward integration is the process in which a company purchases or internally produces segments of its own supply chain. Simply put, it is when a company acquires and controls certain inputs that could be utilized in the process of manufacturing its products or services.
This is a competitive strategy, because it lowers the cost of production and this will reflect in the price of the final product.
This is the strategy that Radial Autos should pursue in order to lower cost and reduce risk in interruption of the supply component, because in adopting this strategy, they will have total control over the inputs they use in production.