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atroni [7]
2 years ago
15

If x is a normal good, an increase in income will shift the.

Business
1 answer:
Bogdan [553]2 years ago
6 0
X to the left to upwards
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Quinn contracts to provide ten tons of scrap steel at $500 per ton to Rendered Materials, Inc. An unforeseen shortage of scrap s
solong [7]

Answer:

C) ​performance of the contract is commercially impracticable.

Explanation:

Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.

Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.

In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.

7 0
3 years ago
It takes 1 hour to travel from new york to Washington dc by air and 4 hours by train The airfare is 200 and the train fare is 85
creativ13 [48]

Answer: I think the train fare.

Explanation:

Not sure if answer is correct. Sorry if I am wrong.

7 0
2 years ago
Prejudice would be an example of what factors affecting wages?
Elodia [21]
C. Social attitudes
7 0
3 years ago
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Patek Phillippe is a prestigious brand of watch that is sold as a luxury product. It has a reputation based on quality and atten
kondaur [170]

Answer:

b. stimulus generalization

Explanation:

This reaction from the overall market population is due to stimulus generalization. Since potential customers that have been in the market have already seen the products that Patek Phillippe has already introduced and saw them as high-end luxury products, then the market automatically places any future product that Patek Phillippe releases as in the same category. They do this without doing any research or analyzing the product, instead, they solely categorize new products as luxury due to Patek Phillipe's brand.

3 0
2 years ago
when a club store (like costco) charges an annual membership, but sells goods at extremely low prices, it is using what economis
Law Incorporation [45]

When a membership store (like Costco) costs an annual membership, however sells items at extraordinarily low expenses, it's miles the usage of what economists name a: Price discrimination.

The required details for Price discrimination in given paragraph

Price discrimination is a promoting approach that costs clients specific expenses for the identical service or product primarily based totally on what the vendor thinks they are able to get the consumer to agree to. In natural fee discrimination, the vendor costs every consumer the most fee they may pay.  Companies exercise fee discrimination in an effort to maximize profits. Since a huge marketplace normally consists of many kinds of purchasers, fee discrimination lets in groups to provide a excessive fee to well-off purchasers and a low fee to the maximum fee-touchy purchasers.

Price discrimination is practiced primarily based totally on the vendor's notion that clients in sure businesses may be requested to pay greater or much less primarily based totally on sure demographics or on how they cost the service or product in question.

To know about Price discrimination in given link

brainly.com/question/25565797

#SPJ4

4 0
11 months ago
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