In a case whereby rev motor company buys plugs and points from sparkplugs inc. and puts them in rev vehicles without changing their composition if the parts are defective, the damages that can be associated with this is the Rev and Sparkplugs.
<h3>What was the defects?</h3>
A defect can be described as the abnormalities that can be associated to a particular process which is necessary to be addressed for the efficient functionality of the system.
It should be noted that in the case above Rev and Sparkplugs that was introduced to the system of rev motor company and for thios to be adjusted they need to visit the automechanics to fix or change it.
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Answer:
none
Explanation:
The Texas Real Estate Commission (TREC) requires that the seller of residential property comprising not more than one dwelling unit must file a Seller's Disclosure Notice. This excludes a condominium or a duplex. Also, if the house is new and has never been used for residential purposes, then the seller doesn't have to file a disclosure either.
The purpose of the disclosure is to inform any issues related with the house that the seller is aware of. But this disclosure does not substitute any inspections that the buyer may want to obtain.
Answer:
Increase quantity to where AC = MC = D=AR=MR
Explanation:
A perfectly competitive market is where there are many firms in the industry producing homogeneous products. There is ease of entry and exit into and out of the market. They are price takers and earn normal profits in the long-run. In order to maximize profits, a firm in a perfectly competitive industry should produce an the quantity where its average cost is equal to marginal cost when AR = MR = D. In other words, when the AC and MC curves intersect with AR = MR = D curve.
<em><u>Please refer diagram</u></em>
The firm is currently producing at a point where AC > MC at quantity 1000. In order to reach AC = MC, the firm has to increase its quantity to Qe. As it increases quantity, although marginal cost increases, average cost falls because now fixed costs are spread over a larger quantity of output.
At Qe, the three curves intersect and is the point where this firm can maximize its revenue (Price = Pe). At a price higher than this, it would lose customers since there are many others producing the same product and customers can easily shift to another.
Answer:
b. the least costly method of transferring goods from warehouses to stores.
Explanation:
The retail company should find the most efficient and cost effective means of transportation.
The the least profitable and most costly method of transferring goods from warehouses to stores would reduce the profit margins of retail stores and the stores would want to maximise profit.
• Initially default risk increases, yield increases, price of AIG decreases
• After government intervention, default decreases, yield decreases, price of AIG increases
