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Admiralty law the law that deals with controversies arising on navigable waters used a rough-and-ready method of dealing with the problem of the administrative costs of comparative negligence. Rather than try to fine-tune the degrees of culpability between the contending parties, admiralty law simply split the losses 50 –50 whenever there was negligence on the part of both parties. Comment on the efficiency of this method of reducing the administrative costs of comparative fault. Would you recommend that the admiralty rule be adopted in apportioning losses in, say, automobile accidents where both parties are at fault? Why or why not?
Select one market segment, and describe in one or two paragraphs what features the cell phone might have in order to be attractive to this segment.
Carefully explain how these two deficits are related economically so that changes in one are reflected in changes in the other.
q.marys fence post factory faces a perfectly elastic demand curve for fence posts at a price of 39 per post. let q
Define the marginal revenue product (MRPL ) and the marginal cost (MCL ) of labor. Explain why the condition MRPL = MCL is necessary for profit maximization.
What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?
Illustrate what greens fees should the operator set on weekdays and how many rounds will be played.
Explain what the political motives are behind more third world countries joining the international market. What is/are the motivational factors?
Compute the expected value, the expected return, the variance and the standard deviation of an asset that requires a $1000 investment, but will return $850 half of the time and $1,250 the other half of the time.
q. 1. continue to read chapter 4 of your text book that deals with demand analysis. every assignment ought to answer in
What economic considerations must individuals take into account in making the decision to open a business?Coporate Finance
illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.
Milton Freedman, the champion of the Monetarists School of Economics, basically proved that it was monetary theory, changes in the money supply, that was the only way to affect the economy. Pump priming was false.
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