The buyer is entitled to specific performance when the contract _______ and _______. (Choose TWO correct answers)Multiple select question.is for goods that are uniqueis for fungible goodsthere are similar goods easily availablethere are no substitute goods

A seller is not obligated to try to resell the goods to someone else other than the intended buyer if she __________.Multiple choice question.tries to resell them without allotting the buyer's benefitsintends to use them for personal usesets aside goods intended for the contractfails to complete the manufacture of such goods

If a buyer purchases substitute goods due to the seller's refusal to deliver the contracted goods, she can recover _________.Multiple choice question.separately the contract price and the cost price of the substituted goodstwice the cost price of the substitute goods from the sellerthe difference between the contract price and the cost of the substitute goods from the sellertwice the contract price from the seller

Multiple Select QuestionSelect all that applyWhich of the following are the main characteristics of a pure monopoly?Multiple select question.Control over the pricePresence of a single sellerAvailability of multiple substitutes of its productsEase of entry for other firmsUnavailability of close substitutes for its productsBlocked entry for other firmsPresence of at least two sellers

Multiple Select QuestionSelect all that applyStandard costs have which of the following characteristics? (Check all that apply.)Multiple select question.they are preset costs for delivering a product or service under normal conditionsthey are developed by the SCAB (Standard Cost Accounting Board)they are used to help management understand reasons for variancesthey are useful for manufacturing companies, but not service companiesproduction managers help determine production requirements for a unit of product

Multiple Choice QuestionThe purchase price for each of the inputs required to produce a good or service is referred to in economics as Blank______.Multiple choice question.materials resource planningresource pricingsupply chain managementcost accounting