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3 years ago

A benefit of monopoly for the business owner is

1 answer:

6 0

<span>From the monopolist points of view the benefits are, holding 100% of the market, the ability to have a great influence on price and of course, no competition.

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Ibtihal occasionally had garage sales at her home, and also sells a few items each month on Ebay. In one garage sale, she sold a

Taya2010 [7]

Answer:

<em>Brian prevails because the product has a warranty for some months or years.</em>

Explanation:

Therefore, <em>Ibtiha, though did not know about the defectiveness of the Ice Cream Maker sold to Brian is bound by law to replace or repair the defect device depending on what was contained in the warranty.</em>

<em />

A warranty is a type of guarantee, usually a written guarantee for a product, that a manufacturer or similar party makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made if the product does not function as originally described or intended.

However, a warranty holds the maker of the product responsible to repair or replace a defective product or its parts, thereby Brian prevails as Ibtihal will be made to comply with the provisions of the warranty.

6 0

3 years ago

Read 2 more answers

Relative to insurance, when a payout arrangement is made in which one receives all benefits in a single payment, this is called

il63 [147K]

Answer:

Lump-sum payment

Explanation:

5 0

2 years ago

Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its

VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

4 0

2 years ago

The quantity of money demanded is the Group of answer choices income and volume of profits that people and businesses would like

Ksju [112]

Answer:

The amount that people and businesses choose to hold.

Explanation:

The amount that people and businesses choose to hold.

The total demand for money is the total amount of money that people wants to hold and there are three main reasons for which money is being held. First is transactions related reason, second is the precautionary reason, and third is the speculative reason. The above three reasons push the people to hold the money that becomes the total demand for money.

6 0

3 years ago

Millions of people from Mexico have migrated to the United States. This has reduced the supply of labor in Mexico and increased

frutty [35]

Answer:

Wages in US would decrease

Wages in Mexico would increase

Explanation:

The increase in the supply of labour in the US while demand remains unchanged would lead to an excess of supply over demand. This would cause equilibrium wage to fall and quantity to rise.

While in the US, the supply of labour would fall. This would increase wage.

I hope my answer helps you

8 0

3 years ago