Answer:
D- Terminated
Explanation
The original offer is terminated and a new offer is formed.
Answer:
Celeberties get a lot of attension, companies want attension to sell the goods or serveicef they see a celebirty they feel safe in buying their things.
Explanation:
Hello, Don't worry! I will try to answer as best as I can and as fast as I can. Sorry if I am wrong. I am still learning. Hope you get this correct.
The perfect tender principle is the right of the consumer that says that goods that are bought must conform to the product description in quantity,quality and usage.It must also be delivered at an agreed time between the buyer and seller.If the goods fail to meet this requirement,the buyer has the legal right to reject the goods.
Hope this helps you!
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Answer:
A. shopping product.
Explanation:
The answer is shopping product because it is a product in which the customer takes some time reviewing alternatives and characteristics before making the final purchasing decision.
B2B products refers to businesses that sell products to other bussinesses, specialty products are the ones customers specifically look because of a particular characteristic or the brand and they won't compare alternatives, convenience products are the ones a customer buys all the time and doesn't take a lot of consideration and unsought product are the ones that consumers don't know anything and are not interested in buying like funeral plans.
Answer:
<u>Requirement 1:</u> Production Output will be 61.42 Units.
<u>Requirement 2:</u> Production Output will be doubled.
<u>Requirement 3:</u> Constant Returns to Scale
Explanation:
<u>Requirement 1:</u>
The output at K=46 and N=82 is given as under:
Y = (46)^1/2 * (82)^1/2
Y = 61.42 Units
<u>Requirement 2:</u>
Now if we double "K" and "N" then:
Y' = (2K)^1/2 * (2N)^1/2
Y' = 2 [(K)^1/2 * (N)^1/2]
Y' = 2Y
This means that the output will be doubled.
<u>Requirement 3:</u>
Option A. Constant Returns to Scale
Constant returns to scale occurs when the increase in the input causes same proportional increase in the production output. Such same proportional increase in the production output is referred to as Constant Returns to Scale.
In the given scenario, as the production output doubles with the doubling of input which was seen in the requirement above. We can say that the production function is characterized by Constant Returns to Scale.
