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Neal Rubin, while driving his car in Chicago, inadvertently blocked the path of a Yellow Cab Co. taxi driven by Robert Ball, causing the taxi to swerve and hit Rubin’s car. Angered by Rubin’s driving, Ball got out of his cab and hit Rubin on the head and shoulders with a metal pipe. Rubin sued Yellow Cab Co. for the damages caused by this beating, contending that the employer was vicariously liable for the beating under the doctrine of respondent superior because the beating occurred in furtherance of the employer’s business, which was to obtain fares without delay. The company argued that Ball’s beating of Rubin was not an act undertaken to further the employer’s business. Is the employer liable under the theory of respondent superior?
If these economists ignore the possibility of crowding out, illustrate what would they estimate the marginal propensity to consume (MPC) to be.
In long run, what would you expect to happen to the price of steelin U.S. and Germany. What would be the price differential.
q.two consumers jorge and admen together own 1000 baseball cards and 5000 pokeacutemon cards. let xr denote the
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
Assume, no calls are currently on hold. If agent takes 5 minutes to complete current call, how many callers do you expect to be waiting by that time. Illustrate what is probability that none will be waiting.
How long will it take for Avataria with a growth rate of 6% to triple its income? What about Twilightia with a growth rate of 18%? Will it be correct to say that Twilightia will triple its income 3 times faster than Avataria? If no, then what is t..
Indigenous Australians have the worst health of social groups in Australia. Describe two social determinants that contribute to a lower life expectancy for Indigenous Australians. Identify one condition that Indigenous Australians have a higher preva..
politicians are often heard saying that tuition at state universities should be kept low to make education equally
An equal number of consumers who have a willingness to pay of $119 are allowed to buy the good at a price of $99. How will consumer surplus be affected.
A huge increase in resource costs causes the price to rise to $9 also Block's only manages to sell 460 bottles of perfume.
q.1. short-term production function q 50l 6l2 - 0.5l3a. when the law of diminishing returns does begin to take
Explain how does global economic competition impact price elasticity in domestic market and decisions related to strategy a firm uses to compete. Why do most economists oppose trade restrictions.
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