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ChemCore Company is engaged in the business of creating chemical solutions for cleaning pools. As a result of the chemical engineering process, a number of harmful waste products were created. ChemCore disposed of these harmful waste products by dumping them in an adjacent river every Tuesday at midnight for the past five years. Kyle Bishop lives downstream from ChemCore and has noticed chemical damage to his dock that has progressed over the past five years. Bishop learns of ChemCore’s dumping practice and sues. If Bishop proves his case, the most likely remedy awarded by the court would be
a. an injunction to stop the dumping and monetary damages.
b. imprisonment because this is a criminal matter.
c. a monetary award because Bishop did not bring this in a court of equity.
d. the purchase of a new dock pursuant to the equitable doctrine of specific performance.
Explain the effects of a tariff and a quota placed on imported automobiles on a domestic market. Who is hurt with a tariff or a quota and why? Who benefits and why?
Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
Provide the information, is it surprising that the company's revenueincreased when it decreased the average selling price of its phones.
Why is ethics an integral part of engineering? What is the engineering advantage? What is the problem-solving schematic? What is the problem-solving schematic?
q1. butler leased a certain piece of property from wheeler with an option to purchase it at later dates. the agreement
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding
Suppose that there is no fixed production input (i.e. long run.) With the production function above, the slope of the isoquant is given by MRTS = -(K/2L). Assume the firm chooses to hold costs C at $50.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
A study published by the Havard Business Review in January, 2000 found that intellectual property represents approximately__________ of an average firm's value.
Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective deamnd and effective supply to maximize profit?
GRAPH the long-run profit of a monopolistically competitive firm. Do Monopolistically competitive firms generate a long-run profit? Why is a monopolistic competition said to be inefficient?
Interview a small business owner and ask him or her about both the positive and the negative role of government in their business. Write a 2 page summary of your interview and include the questions you asked.
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