Answer: Option D
Explanation: A need can be defined as a obligation, which if not fulfilled can lead to adverse results on a living beings health. Thus, thirst is a natural phenomenon for every human being and if it is not fulfilled than it can result in death.
The desire of an individual to purchase any commodity at a specific price is called demand. In the given case, the choice of ice tea is a demand that an individual made when in need .
I just needed some points to figure things out i don’t do anything else
Answer:
1. The obligation to transfer the vacuum cleaner in lieu of the price.
2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.
Explanation:
The contract for purchase of a vacuum cleaner has two performance obligations;
1. The obligation to transfer the vacuum cleaner in lieu of the price.
2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.
it may be noted that the extended warranty is a separate performance obligation as it can be purchased at the same time of original purchase or later and separate consideration is payable for that and there is no direct co-relation of the extended warranty obligation with the initial purchase.
Answer: D. The equilibrium quantity would increase, and the effect on equilibrium price would be ambiguous.
Explanation: It follows that the quantity of latte produced would increase given that the newly introduced machine reduces the amount labour required and also is more efficient. Therefore more quantities of latter will be produced in short periods. Same thing would occur when it is discovered that the coffee used in producing lattes prevent heart attacks.
In both instances, the equilibrium quantity increases. However, equilibrium price is ambiguous, this is because the discovery that coffee prevents heart attacks would serve to push up prices of latte since suppliers would want to cash in on that, while the use of machines would push price down as a result of mass production.
I’m pretty positive that that the answer is USA patriot act
