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Natalka [10]
2 years ago
10

RV Company agrees to buy a certain quantity of vintage campers from Sales Inc. Their contract limits consequential damages for l

ost profits resulting from the use of the goods. This limit is not necessarily unconscionable because
Business
1 answer:
Aleks [24]2 years ago
4 0

Answer:

consequential damages cover only reasonable foreseeable losses.

Explanation:

  • The contract limits the resulting loss to lost profits from the use of the goods. The limit is not necessarily unconscious because lost profits are not necessarily significant and can be considered as direct or indirect losses.
  • the contract may apply to both the lease and the sale and excluding some from the contract simply because it is a commercial loss makes no sense.
  • so limit is not necessarily unconscionable because consequential damages cover only reasonable foreseeable losses.

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A firm produces bicycles using two inputs: bicycle frames (F) and bicycle wheels (W). By definition, one bicycle has 2 wheels an
grin007 [14]

Answer:

C(100) = (75 x 100) + (200 x 100) = $27,500

Explanation:

the initial cost function of producing bikes is:

C(x) = 75F + 100W

the initial cost to produce 1 bike = $75 + $100 = $175

if the cost of wheels increase to $100 each, then the cost function is:

C(x) = 75F + 200W

in this case, there is not much to calculate since every bicycle must have 1 frame and 2 wheels, that means that in order to produce 100 bicycles you will necessarily need 100 frames and 200 wheels. Labor is not considered in this cost function, so any cost minimization strategy is limited to using the minimum amount of parts:

C(100) = (75 x 100) + (200 x 100) = $27,500

7 0
2 years ago
What is the meaning of market in economics
Aloiza [94]
<span>The market refers to the buying and selling abilities within a ocal, state, or national economy.</span>
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3 years ago
The tools, skills, organization, and knowledge used to extract energy from nature are the
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What kind of energy like solar panels and windmills.
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2 years ago
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

Explanation:

IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

4 0
3 years ago
The manager believes that an employee should be able to wrap a present within 30 minutes. The employee wraps 1 present every 25
Andreas93 [3]

Answer: 140%

Explanation:

Efficiency refers to how productive a person is in regards to how production they should be.

Formula is:

= Standard time / Actual time * 100%

= 35/25 * 100%

= 140%

3 0
2 years ago
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