Answer:
A. 300
Explanation:
Market value is simply the market capitalization of a publicly traded company. Formula for calculating,
Market Value = no. of produced goods × average price.
Given that
No. of chocolate solid bunnies produced = 30
Average price of chocolate solid bunnies = $10
Therefore,
Market value = 30 × 10
= $300.
Answer: D. The neighbor, because obtaining financing was a condition precedent.
Explanation:
Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.
Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.
Answer is A, due to food allergies, but preferences CAN come into play. Allergies come first, though, along with medical issues.
Answer:
The correct answer is option D.
Explanation:
The law of diminishing marginal utility says that keeping other things constant, marginal utility derived from the consumption of a good will keep on declining with each additional unit consumed by the consumer.
The diminishing marginal utility is not applicable for comparison between two consumers or two goods. It is applied to consumption of a single good by an individual consumer.
The utility or satisfaction derived from a good is supposed to decline not increase with increase in quantity.
So, option D is the correct answer.
