Costs and Prices Regularly Fall Every Year in the Microcomputer

question 157

Essay

Costs and prices regularly fall every year in the microcomputer industry. Briefly indicate your recommendation and rationale for an inventory method for a firm about to enter this industry.

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Definitions:

Privilege

A special right, advantage, or immunity granted or available only to a particular person or group.

Defamation

A false communication that injures someone's reputation, either through written statements (libel) or spoken statements (slander).

Negligence Per Se

A doctrine that allows a judge or jury to infer duty and breach of duty from the fact that a defendant violated a criminal statute that was designed to prevent the type of harm that the plaintiff incurred.

Modified Comparative Negligence

A defense accepted in some states whereby the defendant is not liable for the percentage of harm that he or she can prove is due to the plaintiff’s own negligence if the plaintiff’s negligence is responsible for less than 50 percent of the harm; if the defendant establishes that the plaintiff’s negligence caused more than 50 percent of the harm, the defendant has no liability.