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1. Parties to a contract should have and understanding of what they are undertaking—a meeting of the minds. Provide an example of two parties who have reached such a clear understanding.
2. The law needs that the parties be competent to enter into a contract. Give an example of a party who lacks competence.
A perfectly competitive firm encounters the following monthly costs and price. What is the fixed cost of this firm? What is the optimal output of this firm?
discuss your most recent decision to purchase a major item entertainment center automobile home etc.. in what way did
1. Which of the following statements is/are consistent with publicly traded companies 2. In the context of the agent-principal problem, what term is used to refer to the costs incurred by principals to attempt to ensure that their agents are actin..
Using such areas as producing and information technology or any related industry or areas that have had high job growth rates explain a scenario that would cause a shift in labor supply and demand.
Many developing countries in the "Global South" turned to socialism in the past as a means to solve their economic problems. Now, in the light of the evident failure of socialism, many of these countries seek to create fast growth
question 1the key assumption of the basic keynesian model is that in the short run firmsanswer meet demand at preset
The president of your corporation, Mr. daily, has asked you to make a report describing the many forms of market structure. He describe to you that the report will be handed out to staff prior to the staff meeting next week
In a command or planned economy
This is a challenging question and involves algebraically solving system of two equations given by AD abd AS curves. The equations for the curves are given through the following:
governments often claim that they impose high taxes on products like cigarettes because smoking is bad for your health.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time
A lender made the following statement to a borrower: “You are borrowing $1,000, which is to be repaid in twelve monthly installments of $100 each. Your total interest charge is $200
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