The market for a certain item can go down. It can simply be caused by too much of a supply and not enough demand which can usually cause a company to go into debt if they specialize in one product only (e.g. fuels)
Answer:
=$246,000
Explanation:
Intended sales 3500 units
Selling price =$60
variable costs 35% of sales price is 35/100 x 60= $21
Contribution margin is 65% of sales price = 65/100 x 60 = $39
Fixed costs =$78,000
Sales revenue to make $81,900 will be
operating income = total contribution margin -Fixed costs
$81,900 = TCM - $78,000
TCM = $81,900 +78,000
TCM= 159,900
TCM is a product of contribution margins and sales units
159,900 =$39 x sales units
sales units = 159,000/ $39
sales units = 4,100
sales revenue = sales units x selling price
=$60 X 4100
=$246,000
Excavation, Inc., uses explosives to prepare land for construction projects. Strict liability is imposed on this activity because The activity is extremely risky
<h3>Option (C) is correct.</h3>
<u>Explanation:</u>
Excavation activity is an extremely risky activity. This activity has many accidents associated with it. every year many people die or get injured in accidents related to excavation. So due to the high risk associated with this strict liability is imposed on this activity.
Risks associated with excavation are explosion, gas escape, flooding, etc. Other dangers like hazardous atmospheres, the possibility of fatal accidents, Falling loads can also be there. These dangers are sudden and fail to give time to workers to escape. So before undertaking such activity permission must be obtained from the government.
