Answer:
Difference among the economic wants and the non- economic wants is shown below:
Explanation:
Wants is the term which is described as the desires for the things that the person or an individual may or may not actually require or needed.
a. Economic wants
1. Economic wants are those wants which generally known as the desires and are usually satisfied or fulfilled after taking or consuming he service, goods or in other cases leisure.
2. Economic wants is spending money in order to satisfy the want or the desire.
b. Non - economic wants
1. Non- economic wants are those wants which are generally the human needs, that is required or needed to be satisfied without involve the monetary cost or the value.
2. It might involve the water, air.
3. These are those wants that could be fulfilled without spending the money.
1. In the criminal justice system, John can temporarily put Jack in custody pending the arrival of the police. Jack was not detained for a period longer than five minutes and not for a civil wrong.
Thus, in this lawsuit for the tort of unlawful imprisonment, Jack will lose because he committed a crime. He cannot apply a civil law to a criminal case.
2. Adriana is correct that her personal assets cannot be reached in this lawsuit brought by the shareholders of DEF, Inc. because SLA Accountants, LLP is a limited liability partnership and not just an ordinary partnership.
A limited liability partnership, like a limited liability company, offers members limited liability. However, the shareholders of DEF, Inc. may decide to sue Adriana personally.
3. Andrew is wrong because the car handed over by Sam was not a completed inter-vivos gift. The transfer was not absolute but conditional upon Sam not returning from the Middle East.
As a conditional transfer of gift, the vesting of the ownership interest created by the transfer depends on the fulfillment of a condition.
Thus, since the transfer condition did not materialize, Andrew should return the car to Sam in good faith.
Learn more about inter vivos gifts and limited liability partnerships here brainly.com/question/14767795 and brainly.com/question/1166757
Answer:
sell off part of its inventory and or equipment
Explanation:
Debt/Equity=
Total Shareholders’ Equity /
Total Liabilities
Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.
Explanation: I HOPED THAT HELPED,!
Answer:
A) 1.79
b) 71%
c) 0.75 minutes
d) 0.537 minutes
e) 0.343, 0.240 , 0.1681
Explanation:
L = average number of customers in the system ( 200 / 80 ) = 2.5
a = poission distribution per hour = 200
b = service rate of cashier = 280
A) average number of moviegoers waiting in line to purchase ticket
Lq = L - 
= 2.5 - (200/280) = 2.5 - 0.71 = 1.79
B) percentage of cashier been busy
p = a/b = 0.71 = 71%
C) average time spent by a customer in the system
w = L / a = 2.5 / 200 = 0.0125 hours = 0.75 minutes
D) average time spent waiting in line to get to the ticket window ?
W2 = Lq / a = 1.79 / 200 = 0.00895 hours = 0.537 minutes
E) probabilities of people in the system
i) more than two people
p ( x ≥ 2 ) = 1 - ( p0 + p1 + p2 ) = 1 - 0.657 = 0.343
more than three people
ii) p ( x ≥ 3 ) = 1 - (p0 + p1 + p2 + p3 ) = 1 - 0.7599 = 0.240
iii) more than four people
p ( x ≥ 4 ) = 1 - ( p0 - p1 + p2 + p3 + p4 ) = 1 - 0.8319 = 0.1681
