Answer:
The only person liable for the goods purchased is Alex because he was the person that made the purchases.
Explanation:
Alex is to be held liable because he was authorized to make the purchase. A single member of an unincorporated association is liable for the debts of the organization if they are given authorization to execute a specific act which is seen in this case here.
He should try to maintain a high GPA because 9th grade is an important year
Answer:
Midpoint value of price elasticity of demand = -2.07
Explanation:
We know,
Midpoint value of price elasticity =
Given,
Original Price, = $15
New Price, = $12
Original Quantity demanded, = 1,000 units
New Quantity demanded, = 1,600 units
Putting the value in the above midpoint formula, we can get
Midpoint value of price elasticity =
Midpoint value of price elasticity =
Midpoint value of price elasticity =
Midpoint value of price elasticity of demand = -2.07
The theorist that is referred above is MAX WEBER. He is the theorist who asserts that class members should be grouped according to their value in the marketplace. Max Weber is a well-known German sociologist, and a prominent figure in sociology.