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Kristina places an order for a cake on Flowers bakery's web site. She then calls the baker to tell him that she will pay him $1000 for the specially designed cake if he will guarantee delivery of the cake on Friday afternoon for a party at her house scheduled to begin at 7:00 pm. The baker has difficulties with his oven due to a power outage and is not able to get the cake to her house until 10:00 pm. Kristina does not want to pay him $1000 on delivery. Can the baker sue Kristina for payment of the cake? What remedies are available to him?
When a war breaks out in the Middle East, the price of gasoline rises, and the price of used Cadillac falls.
describe the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment
what is the consumption function b. what is the equation of the AE curve c. calculate equilibrium expenditure
step by step all work shown answer and please show all calculations and how you got answer and make it very detailed all work shown please.
Using specific examples, relate the concepts of Cross Elasticity and Income Elasticity to this product.
A proposal has been made to increase the price paid by the consumers to the suppliers to $40. What will the resulting quantities demanded and supplied and the resulting utilization be?
The dollar that the United States pays to import chinese goods are left in banks in china. Will this strategy raise or lower the standard of living in the United states?Briefly explain. be sure to provide a definition of "standard of living " in your..
Explain your reasoning and use Lisa Blake and Walter Barnes as your point of reference. Also elucidate the influences affecting foreign exchange rates.
Illustrat what are the advantages of using capital in the production process. What is meant by the term "division of labor".
Suppose the USA and Canada are considering to trade. Assume there are only two goods in the economy: wheat and corn. The table below illustrates what each nation can produce in a given year.
Would Boeing's margin likely rise or fall if the yen then depreciated and competitor prices were unchanged? Why?
Elucidate how much profit does an individual producer make in a month. Is this a long-run equilibrium.
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