When a court decision would have no practical effect, a case is apt to be dismissed for:?

1 answer:

4 0

If a court decision would serve no real practical effect, the case could very well be dismissed due to mootness. Mootness happens when further legal proceedings well serve no means or if events have been placed beyond the reach of the law.

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If the absolute value of the price elasticity of demand is greater than 1:

FrozenT [24]

Answer:

b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.

Explanation:

Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:

$E_{D}$ = $\frac{dQ}{Q}{\frac{P}{dP} =$

= % Change in Quantity Demanded / % Change in Price

So when absolute value $E_{D}$ is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.

Note: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much $E_{D}$ is larger than 1. But b is the still the best answer among the options.

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True or false. the consumer sector is the largest part of the macroeconomy.

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The consumer sector is the largest part of the macroeconomy

TRUE

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What is negotiation? A. A discussion in which a sales person demonstrates features of a product B. A discussion in which people

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A negotiation is a Discusion aimed at reaching an agreement. B.

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e payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing

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Answer:

Invest

invest

Explanation:

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Dominant strategy is the best option for a player regardless of what the other player is playing

firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.

Thus the option that would yield the highest payoff is for both firms to advertise.

this is an example of prisoners dilemma

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