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In July 2012, the six adult cast members of the hit TV show Modem family filed a joint law suit against Twenty century fox Television in an attempt to vid their contracts. The lawsuit claimed that their contracts were illegal, in that the contracts broke California’s “7 year rule”. The 7-year rule stipulates that contracts regarding personal service may not span longer than seven years. Yet the actor’s contracts guaranteed their service from 2009 to 2016. A great incentive for the actors to file the lawsuit was to increase the amount they each were paid an episode, which for most of them was $65,000 an episode. If a contract is illegal, may it be voided even if the actors knowingly signed to the terms of the contract? How do you think the judge should have decided this case, and why?
All parties make a single bid. But do not disclose the bid to peers. The organizer chooses the maximum (or minimum) bid as the winner. What are benefits of such a system as opposed to normal auction where bidders openly declare the bids and keep upda..
Converse the positive also negative contributions of FDI inflow to the competitive benefit of host countries with regard to the subsequent matters
Explain how the government can stimulate the aggregate supply. What are the implications of using this stimulus to help stabilize an economy?
What is the difference between a movement along and shift of the demand curve? Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand, (2) an increase in supply, (3) an increase in both supply and demand.
Which of the following is NOT an argument offered by the text as an argument against population and birth control?Fertility reduction is not worth the medical risks of using the medical means of population programs.
The Clean Air Act, a federal statute, establishes national air pollution standards for fleet vehicles such as buses, taxicabs, and trucks. The South Coast Air Quality Management District (South Coast) is a political entity of the state of California...
q1. discuss one recent price change that you have noticed while visiting your local supermarket. determine whether or
What price-output combination would exist with efficient pricing (MC = P)? Draw a graph with MC, Demand curve and MR curves for the problem above.
Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it.
ALL colleges of business today also was 1st proposed as a factor of production by a classical economist less than 40 years after Adam Smith.
Calculate the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money.
Do these public goods conform to the law of demand. For which public supplies is demand price elastic.
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