Answer:
A. Decrease in price of complements
B. Increase in price of complements
C. Increase in price of substitute
D. Decrease in price of substitute
Explanation:
A. A decrease in the price of a good would increase its demand. This will cause the demand for its complements to increase as well, this is because the complements are consumed together.
B. Similarly, the increase in the price of a good would decrease in its demand. Along with it, the demand for its complement will decrease as well because the complements will be consumed together.
C. When the price of a good increases, its demand will decrease. The demand for its substitutes will increase because the consumers will prefer the cheaper substitute.
D. Similarly, the decline in the price of a good will make it cheaper, so its demand will increase. The demand for its substitute will decrease because the consumers will prefer the good that is cheaper.
Answer:
c. is liable for a defective product.
Explanation:
The manufacturer can be held liable for a liability in a product which results into any form of injury or damage to the customer.
A defect refers to a kind of imperfection or fault in a product due to which such a product performs below par as per it's mentioned specifications.
In the given case, the customer bought in line skates and went out for skating. The wheels came off (which reflects a manufacturing defect), owing to which she fell and suffered a broken leg.
The injury is an outcome of product manufacturing defect for which the manufacturer shall be liable.
Answer:
MAX WEBER
Explanation:
Legal domination, its purest type is bureaucratic domination, is based on the fact that any right can be created and modified by means of a statute sanctioned correctly in terms of form, that is, through this type of domination the ruling class uses legal bodies to achieve its goal of maintaining domain control.
In a position, his performance demands all the performance of the official; This means that whoever occupies the position must be efficient in their functions, therefore a high level of performance is expected from the leaders of the bureaucratic organization.
Answer:
C. Order placement costs would increase
Explanation:
Order placement costs are those incurred when ordering a product: for example, the wages of the employees who place the orders, the shipping costs, the cost of tariffs and duties in case the products are imported from abroad, and any other specific costs associated with the process of getting the product from the source to the firm.
If a company chooses not to hold inventory, order placement costs will increase in the moment that they get an order for the good which is not in stock, simply because the good will have to be ordered.
