<span>An implied warranty of merchantability is an implied warranty on a product for sale that essentially guarantees through implication, that a product will reasonably conform to a buyer's standards and that the product is suitable for sale. In other words, unless the seller of the product explicitly states otherwise by using a phrase such as “as is” or “defective” in describing the product, the buyer has the reasonable right to expect that the item he is buying will conform to his basic expectations and will have no flaws that are not immediately discernible or part of the nature of the item.</span>
24 people
since there are 4 pies and each person gets 1/6, then by multiplying 6×4, you get 24
What? you are supposed to be using this for educational reasons
ANSWER:
The role of travel agent is one of the most important things in a trip.
He is the one who does all the paper works and settlements and so the comfort of the people is one of his duties.
HOPE IT HELPS!!!!
PLEASE MARK BRAINLIEST!!!!
The formula to determine the multiplier(M) is:
M = 1 / (1 – MPC)
where:
MPC=Marginal propensity to consume
What Is a Multiplier?
A multiplier is a broad term in economics that refers to an economic factor that, when increased or changed, causes increases or changes in many other related economic variables. In terms of GDP, the multiplier effect causes total output gains to be greater than the change in spending that caused it.
Typically, the term multiplier refers to the relationship between government spending and total national income. The deposit multiplier is another multiplier used to explain fractional reserve banking.
Often the multiplier formula is considered to be too simple because it ignores some real-world complications. The Reason is:
Option A. The formula ignores the impact of an increase in GDP on consumption.
To know more about multiplier, visit: brainly.com/question/15883095
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