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Scenario: A woman walks into a fast-food restaurant to order dinner. After placing her order, she uses the bathroom. She locks the door. As she is about to exit, someone breaks into the bathroom and assaults her. She sustains severe injuries, including potential head trauma. After the incident, it was determined that the bathroom lock was broken and had not been maintained properly and that the security cameras were broken as well. There have been other reported assaults in the area, and no security or police officers were present in the general vicinity during this time.
1. Was this event foreseeable? Describe the foresee ability of the event and justify your response.
2. Which area of liability could lead to a lawsuit in this scenario?
3. What best practices could you employ to reduce these liabilities and prevent this scenario from happening in the future?
The demand for company X's product is given by Qx = 12 - 3Px + 4Py. Suppose good X sells for $3.00 per unit and good Y sells for $1.50 per unit. a. Calculate the cross-price elasticity of demand between goods X and Y at the given prices. b. Are goods..
Two identical countries, Country A and Country B, can each be described by a Keynesian-cross model. The MPC is 0.9 in each country. Country A decides to increase spending by $2 billion, while Country B decides to cut taxes by $2 billion. Find the tax..
Always Round Tire finds that their demand curve is P = 50 − .02 Q (note: Marginal Revenue has twice the slope as the demand curve). What price and quantity combination will maximize the firm's revenue? Q=1250 P=25 ***What are the total revenue and pr..
A library shelving system has a first cost of $23,500 and a useful life of 10 years. The annual maintenance is expected to be $2,700. The annual benefits to the library staff are expected to be $8,600. If the effective annual interest rate is 9.5%, w..
What is the affordable care act and how does it affect the US and its current insurance policies?
The firms' marginal costs are identical and are given by MCi(Qi) = 120Qi. Based on this information, firm 1 and 2's reaction functions are:
What is data base method? What is judgmental method? What are some of the difficulties on forecasting? When are these methods qualitative and quantitative?
Limited partnership arrangements alleviate which traditional problem associated with real estate investments.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Use Ernie's demand curve to show the deadweight loss from Ernie's BBQs. Mark the socially optimal number of meals at M*.
Classical economists believe that savings is crucial for economic growth because:
Amazon's own corporate structure influences how the managers exert their authority and order to execute operational activities in various business areas.
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