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Business Law: In the movie Jaws, the Mayor of Amity and a few other men try to persuade Chief Brody not to close the town’s beaches. If the chief keeps the beaches open and a swimmer is injured or killed because Brody failed to warn swimmers about the potential shark danger, has Brody committed the tort of negligence? Explain.
Comment upon Hollander’s (1992) suggestion that the leader-follower relationship is strongly affected by the “perceptions, misperceptions, and self-oriented biases” brought to the relationship by the follower.
A corporation is considering spending $3 million for a new stamping press which will save $550,000 per year (repairs, downtime, etc.) over its 7-year life. At the end of seven years, the machine could be sold for $1.8 million. An alternative is to sp..
A nation is enjoying a good economy with high and rising real GDP, expectations for continued growth and profitability, increasing personal incomes and low unemployment (expansionary business cycle). Outline the effects on supply and demand for loana..
For the past few years, Cuban baseball players have been leaving their country illegally to play professional baseball in the United States. (Ex. Yasiel Puig, Rusney Castillo, Jose Abreu). What laws in Cuba are restricting them from leaving legally? ..
Derive and plot Hugo"s Engel curve for donuts. Explain how much does his weekly budget have to rise for Hugo to buy one more donut per week.
If you move to a larger house in 10 years and pay off the loan, what is your effctive annual interest rate? d) If you are transferred in 3 years, what is your effective annual interest rate?
q.pham can work as many or as few hours as she wants at the college bookstore for 9 per hour. but due to her hectic
A monopolist produces at constant marginal cost c = 1 It sells the product in the domestic market, where demand is Qd = 5 ? Pd, and some foreign markets with total demand Qf = 2 ? Pf Find the prices that will set in each market and the proportion of ..
Elucidate how the solow growth model differs from models of endogenous growth with respect to the sources of technological progress and returns to capital.
Lets assume that we admitted more students this semester (1200) than last (1100) and because of it there is a shortage of “B” parking spaces. Students also complain about the parking permit price ($100).
Elucidate the relationship between MC and AVC that causes MAC to intercept AVC at AVC lowest point with economics.
Firms in the market for soccer balls are selling in a purely competitive market. A firm in the soccer ball market has an output of 5,000 balls, which it sells for $10 each. At the output level of 5,000 the average variable cost is $6.00, the average ..
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