B - they must minimise the threats
Answer: 1. $70,000
2. $202,000
3. $20,000
4. $69,000
5. $10,000
Explanation:
1. What is the total cost of research and development of the value chain?
The answer is $70,000. This is the salaries of research scientists that we have been given in the question. Salaries of research scientist is part of the total cost of research and development of the value chain.
2. What is the total cost for the production category of the value chain?
This can be gotten by adding the value of the assembly line workers wages, the caps for milk bottle, the depreciation on factory equipments and the plastic milk bottles. This will be:
= $72000 + $3000 + $75000 + $52000
= $202,000
3. What is the total cost for the distribution category of the value chain?
This can be seen in the question provided as delivery expenses is $20,000.
4. What is the total cost for the marketing category of the value chain?
This will be the salaries of the salespeople and the customer toll free order line. This will be:
= 63000 + 6000
= $69000
5. What is the total cost for the customer service category of the value chain?
The total cost for the customer service category of the value chain will be the value of the customer support hotline which is $10,000.
Answer:
Yes, Allstate was liable
Explanation:
Ramsey v. Allstate insurance co., 2013 wl 467327 (6th cir. 2013)
An implied contract differs from an express contract in that the way the parties act, rather than their words, defines the terms of the contract. Implied contracts exist if one party furnishes a service or property and expects to receive something in return. The other party must know (or should know) about the expectation of something in return and has to have a chance to reject the contract.
Douglas expected to get home insurance because he paid for it, and Allstate had the chance to cancel the home insurance policy but they didn't.
Answer:C. The current price of the product covers the variable cost of production.
Explanation:A perfectly Competitive market is market where all firms produce similar product,and none of the firm's is superior,all the firm's are price takers as they can not influence the market price.
A perfectly Competitive firm is a firm whose product demand changes at the slightest change in the price of the product,any firm that is perfectly Competitive will work with the already existing price level of the market for its products and services, a perfectly Competitive firm is also known as spruce taker as it is expected to sell According to the existing market price.
ALEX'S OPINION Will BE SUPPORTED IF TRUE ONLY IF THE CURRENT PRICE OF THE PRODUCT COVERS OR IT IS HIGHER THAN THE VARIABLE COST OF PRODUCING THE PRODUCT.