Answer:
d.) Jones is an incidental beneficiary and has no right to sue for Ace Construction's breach of the contract.
Explanation:
Jones was not a direct party to the contract, in fact, any profit which he was supposed to receive was incidental in nature and thus he cannot sue Ace Construction's breach of the contract.
Answer:
a. $24,000
Explanation:
60,000 fixed cost which, are allocated in the base of expected copies:
total expected copies: 600,000 + 400,000 = 1,000,000
Copy Center 2 represent 400,000 / 1,000,000 = 40% of the total copies volume for the period
Therefore from the 60,000 fixed cost the 40% was applied.
60,000 x 40 % = 24,000
Answer: Marginal revenue is -$500.
Explanation: The marginal revenue is calculated as the change in total revenue subtracted by the change in quantity.
Total revenue is calculated by multiplying the price by the quantity:
At a quantity of 20 driveways, the total revenue is = 20 × $10,000 = $200,000
At a quantity of 21 driveways, the total revenue is = 21 × $9,500 = $199,500
Marginal revenue = $199,500 - $200,000
= -$500
I would say all all of them that doctor don't recommend.
In making and marketing tools and other do-it-yourself home maintenance products, do-it-rite corporation, like other sellers, is required to take precautions against misuse of the product.
If someone has a demo for a project you can complete by yourself using specific tools, they usually have to give warning for errors or issues that may occur if the products are misused. If the products are not used as shown safetly and as intended there can be harmful issues that arise for the consumer. Most companies that sell tools that can be used for at-home projects, are required to put disclaimers on them so that they are used correctly or if they shouldn't be used how a well-trained professional is using them.
