Cold Stuf,Inc

question 39

Multiple Choice

Cold Stuf,Inc. ,makes snowboards,which it sells to Deep Freeze Sports Store (DFS) .DFS sells Cold Stuf boards to consumers,in?cluding Ed.Ed is in?jured while using the board.In a product liabil?ity suit based on strict li?ability,Ed may recover from

• A)Cold Stuf only.
• B)Cold Stuf or DFS.
• C)DFS only.
• D)no one.

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Definitions:

Tastes and Preferences

Factors that influence consumer decision-making, determining the goods or services consumers demand.

Prices of Related Goods

Refers to how the cost of one good or service can affect the demand for another, reflecting the substitution or complementary relationship between them.

Changes in Supply

These refer to shifts in the quantity of a good or service that producers are willing and able to sell at various prices, caused by factors other than the price of the good or service.

Inferior Goods

Goods for which demands decrease when people’s incomes rise.