The answer would be False
Answer:
This is an example of Invisible Hand.
Explanation:
The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.
Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience
Answer:
$70,000
Explanation:
Under a Comparative negligence theory,
When an accident occurs, the blame or fault is determined by the contributions of each party towards the accident.
In a pure comparative negligence theory, the victim or plaintiff who files a case, sue the other party and received some part of the damages and hence each party receives the amount related to their damages minus the part of their fault.
In our case, Annette fault contributes 30% to the collision and determined that her total loss was $100,000.
So, Annette will recover:
= Total loss - 30% of fault
= $100,000 - 0.3 × $100,000
= $100,000 - $30,000
= $70,000
Answer: b. Remain constant
Explanation:
Fixed costs as the term implies, do not change depending on the units produced or sold but rather remain constant over the period. If the company sells 2,000 or 5,000 more units, the fixed costs will remain constant.
For instance, if the rent of the selling warehouse is $4,000 per month and the company stores and then sells any number of units, they will still pay $4,000 regardless.
