Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is when the product's quality is superior to competition.
Guarantee is a legal term is a comprehensive and of higher value than a warranty or security. It's a document designed to protect consumers. It is a promise by a seller to a buyer that the he will take product responsibility & will replace and/or repair defective parts of the purchased item over the period of time contained in the contract. It is a legal understanding and is typically offered for free of charge. With a guarantee the consumer can get his product repaired or refunded for the parts that are replaceable and defective.
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Answer / Explanation
The question is incomplete as the options of answers were not given. Kindly kind the complete question with the answer options below.
If Hosne and Merve switch from each person dividing her time equally between the production of purses and wallets to each person spending all of her time producing the good in which she has a comparative advantage, then total production of purses will increase by
a. 2
, b. 3
, c. 5
, d. 10
The answer is 3, the total production of purses will increase by 3
Explanation:
To properly interpret this question, we will have to define some terms which includes:
Comparative Advantage: comparative advantage simply refers to a country economy or a country economic ability to produce goods and services at a cost lower or lower opportunity cost than its counter parts or other country trade partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
If we refer back tot he question considering the effect of comparative advantage, the answer will be 3 out of the given options that complete the question.
Answer:
Income Risk
Explanation:
income risk
she thought she had lots of income, so she took a risk
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Joe will likely attribute his failure to luck because he has
reasoned out that the reason why he failed the math test was because of
external locus of control in which is considered to be unstable in nature,
making his attribute fall in luck.