The answer to this item lies in the situation. It is said
that if the problem is silent or does not mention any details on the specific
terms of the shipment contract or agreement between the parties, then this
contract must be considered Freight on Board Destination (FOB Destination). This
FOB Destination is defined as a shipping term which states that the legal title
along with the risk of bearing the loss will stay with the seller until the
goods reach the location of the buyer. In the actual scene, the actual sale of
the goods and ownership changes hand from seller to buyer upon the destination
of the goods. In this sense, this detail is important as well because both
parties will know when the amounts will be entered in the accounting records
and what treatment shall be given to the upon delivery and transit.
Answer:
hs1isbwuxhwuzbbwxuzvuzbwixeixhwixbexinexneixneoznwoxneoxneoxnexojeoxjeoxn
Supply price elasticity measures sellers' sensitivity to changes in price. When price changes have a large impact on supply, we say that supply is price elastic, with small price increases supply will increase considerably. We say that an offer is perfectly elastic when from a certain price level, suppliers have bid as much as possible. In the short term, however, firms bump into structural factors to deliberately increase their supply. For example, a factory has a short-run maximum production limitation. In the short term, the factory may grow its plant and buy more machines, but in the short term from one point the supply is more rigid.
There are, however, some exceptions. In the case of natural monopolies, such as water supply, the increase in price may increase supply indefinitely. This is a case where, in the short run, price elastic supply can be infinitely elastic. Thus, rising prices can increase the amount of water supplied as much as demanded by consumers. This is because the marginal cost of supplying more water is low for the firm.
Note: marginal cost is the cost of manufacturing one more unit of the product supplied. In the case of water, the marginal cost of providing 1 unit of water measurement is very low.
Answer:
That is $2,000 loss
Explanation:
After the hurricane Oscar received $140,000 for his loss, the adjusted basis for his property was $130,000 so he had a gain of 140,000- 130,000=$10,000.
According to Sec. 1033(a)(2) since the new property that was built (the replacement) was similar we will recognise the amount received from the insurance company ($140,000) to the extent that it pays for the replacement property.
That is
Gain or loss = amount paid by insurance company- cost of replacement property
Gain or loss= 140,000- 142,000
Gain or loss= -$2,000
That is $2,000 loss
a. Situational needs
b. Functional needs
c. Social needs
d. Psychological needs
e. Knowledge needs
Answer:
b. Psychological needs
Explanation:
-Situational needs are the ones that are related to the customer's environment, place and time.
-Functional needs are the basic ones people need to be able to live.
-Social needs refer to the need people have to relate to the others.
-Psychological needs refer to things pople need for their well-being and being able to function properly.
-Knowledge needs refers to the ones related to learning new things.
According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.
