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mihalych1998 [28]
3 years ago
6

At the conclusion of a tort trial the jury finds the plaintiff about 30% responsible for the damages she suffered and the defend

ant about 70% responsible for causing the damages. The jury determines the actual damages totals to $100,000. How much will the plaintiff recover under comparative negligence?
Business
1 answer:
KonstantinChe [14]3 years ago
6 0

Answer:

The answer is: $70,000

Explanation:

70% of the total damages equals $70,000 (70% x $100,000)

Comparative negligence refers to a legal defense used by the defendant to reduce the amount of damages that a plaintiff can recover. This is based on what percentage of the plaintiff's damages could be attributed to the plaintiff's own negligence.

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3 years ago
Use the cost and revenue data to answer the questions. Quantity Price Total Revenue Total Cost 15 90 1350 900 30 80 2400 1500 45
borishaifa [10]

Answer:

What is marginal revenue when quantity is 30 ? 30?

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What is marginal cost when quantity is 60 ? 60?

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If this firm is a monopoly, at what quantity will profit be maximized?

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If this is a perfectly competitive market, which quantity will be produced?

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a perfectly competitive firm maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

Comparing monopoly to perfect competition, which statement is true?

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Explanation:

Quantity      Price       Total Revenue            Total Cost

15                 90                   1350                         900

30                80                   2400                      1500

45                70                    3150                      2250

60                60                  3600                       3150

75                50                   3750                      4200

90                40                  3600                      5400

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Answer:

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