Production Cost and Analysis

at
Categories
Tags

Sea lions have been depleting the stock of steel head trout. One idea to scare sea lions off the Washington state coast was to launch fake killer whales, predators of sea lions. The cost of making the first whale is $16,000 (of which $5,000 was for materials and $11,000 was for the mold). The mold can be reused to make additional whales, so additional whales would cost $5,000 apiece.

Make a table showing the total cost and average total cost of producing 1 to 10 fake killer whales.
Does production of fake whales exhibit dis economies of scale, economies of scale, or constant return to scale?
What is the fixed cost of producing fake whales?
What is the variable cost of producing fake whales?

Sample Solution

(1) Children’s Adventure Park’s demonstration has offered ascend to both common activity and criminal arraignment. By alluding to an important case, Alton Towers smiler ride crash case. Alton Towers had broken Health and Safety at Work Act 1974 after a rollercoaster crash. Four individuals had been truly harmed in the accident and this episode has driven both common and criminal outcomes to Alton Towers. (http://www.dailymail.co.uk/news/article-3108873/Alton-Towers-staff-didn’t squashed rollercoaster-vehicle 10-minutes.html, 2015) The legitimate position which secured by Occupier’s Liability Act 1957 states that occupier, Alton Towers or Children’s Adventure Park had an obligation of care to every single legal guest.

Standards of carelessness applied right now Adventure’s Children Park has neglected to take sensible consideration and caused harms. The weight of confirmation depends on the inquirer to demonstrate their case on a parity of probabilities. Right now. also, Mrs. Patel need to demonstrate that the recreation center owed them an obligation of taking sensible consideration. The recreation center has ruptured of that obligation as there was no support or review for the security bar and inability to complete lawful hazard evaluation. Because of that break, the petitioners need to demonstrate that a sensibly predictable kind of harm was brought about by the rupture. The petitioners may sue the recreation center in the common courts for the tort of carelessness to guarantee for solutions for remunerate themselves for monetary misfortune and physical harms brought about by tortfeasor, Children’s Adventure Park.

This case will be started either in the province court or in the High court, Queen’s Bench Division as It relies upon the multifaceted nature of the case and the measure of cash brought about.

Be that as it may, the recreation center could be accused of a criminal offense of making the petitioners lose their capacity to stroll by rupturing Health and Safety at Work Act 1974. The weight of confirmation for criminal cases is set upon the arraignment and it must demonstrate the litigant’s blame past sensible uncertainty, inability to watch wellbeing and security arrangements which is a severe risk offense. It required just confirmation of liable act to make sure about a conviction. The recreation center may saw as liable under Class 4 offenses, for example, deplorable substantial damage. (BUSINESS LAW 8TH EDITION,

This question has been answered.

Get Answer