Brandon finds that Max Solutions can supply computers with the specific configuration he needs. His company enters into a contract with Max Solutions to provide 60 custom-built desktops at an agreed price. The contract between them will ensure each of the following, EXCEPT:
a. that Brandon's company does not back out and make a deal with someone else for a lower price.
b. Max Solutions does not sell the computers to another company for a higher price.
c. Max Solutions supplies the computers before the scheduled date of delivery.
d. Brandon's company compensates Max Solutions in case of cancellation of order at a later date.
Question 2
If marginal product increases with an increase in the variable input, the marginal cost must also increase as more units of the input are hired.
a. True
b. False
Indicate whether the statement is true or false
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