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Sally, a citizen from North Carolina, and Charlie, a citizen from South Carolina, are involved in a car accident in Wilmington, North Carolina. Sally has suffered property damage and injuries that total around $100,000.00. If Sally wants to sue Charlie for her damages, which of the following are true? Group of answer choices Sally can sue in federal court because this is a diversity case. If Sally sues in federal court in North Carolina, the court will apply North Carolina law. If Sally sues in federal court in South Carolina. the court will apply South Carolina law. Sally can only sue in a state court because a federal court does not have subject-matter jurisdiction.
Use the supply and demand model to explain what will likely happen in the market for nurses as the Obamacare act requires all individuals to acquire some form
A heat exchanger cost $7500 in 2005 and must be replaced soon with a larger unit. The present unit has an effective area of 250 feet and its replacement should have an area of 350 feet. Replacement is anticipated in 2015 when the price index is estim..
Suppose the tax rate is 10% on the first $20,000 of taxable income, then 25% on the next $30,000, then 50% on all taxable income above $50,000. The government also provides a $4,000 exemption per family member. (a) Ben’s family has three members and ..
Suppose that Poland had exports of $100 billion in 2014 and imports of $150 billion. What were their net capitals flows in that year? Give two examples of transactions that are part of the net capital flows of Poland, and indicate whether they enter ..
Two hunters went out into the forest to hunt for deer. Each take their position in the forest, and wait for the stag to come by. But as they are standing there, a rabbit runs by each (not necessarily at the same time), and each considers leaving his ..
What are relevant issues within the marketing communications industry.
The foreign currency exchange market is a dynamic environment whereby the mechanism that determines currency exchange rates is well understood, if not easy to control. What economic factors affect foreign currency exchange rates? What noneconomic fac..
The demand curve for cookies is downward sloping. When the price of cookies is $2, the quantity demanded is 100. If the price rises to $3, what happens to consumer surplus?
Why do firms in a monopolistically competitive industry advertise? Research a firm you feel would be in monopolistic competition and explain their advertising scheme in a short summary. Be sure and cite your reference.
This will provide insight into the idea of the optimal number of workers and the value of the marginal product of labor.
An economist estimated that the cost function of single-product firm is C(Q) = 40 + 9Q + 9Q2 + 9Q3
Suppose the demand for Digital Video Recorders (DVRs) is given by Q=250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does Q change if the price of cable ..
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