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WITCHER [35]
2 years ago
5

After shopping at a Cut-Price store, Dyan finds a fitness watch in her bag of purchases that she knows she did not pay for. If D

yan fails to return the watch to the store or to pay for it, she will have committed
a. conversion.
b. confusion.
c. accession.
d. production.
Business
1 answer:
hram777 [196]2 years ago
5 0

Answer:

A) conversion

Explanation:

Conversion is when someone wrongfully use property of another for their own purposes . In an action for conversion, the taking of the property may be lawful, but the retaining of the property is unlawful.

Same in this case retaining the fitness watch is unlawful to use the property which belongs to others.

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Suppose that a firm operating in perfectly competitive market sells 200 units of output at a price of $3 each. Which of the foll
miv72 [106K]

Answer:

The correct answer is option i.

Explanation:

A firm is operating in a perfectly competitive market.  

The firm is selling 200 units of output.  

The price of each unit of output is $3.  

In a perfectly competitive market, a single firm faces a horizontal line demand curve. This horizontal line represents demand, price line, average revenue, and marginal revenue.  

So if the price is $3, it implies that the marginal revenue and average revenue is also equal to $3.  

The total revenue is $600.

4 0
3 years ago
Bank ABC has checkable deposits of $415 million and total reserves of $50 million. The required reserve ratio is 9 percent. The
umka21 [38]

Answer:

$12,650,000.

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans

Reserves = Deposits - outstanding loans

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

0.09 x 415 million = 37.35 million

Excess reserves is the difference between reserves and required reserves

50 million - 37.35 million = 12.65 million  

6 0
3 years ago
Unlike excise taxes, price ceilings create no deadweight loss. <br> a. True <br> b. False
ale4655 [162]
False. Price ceilings, provided there are no other government policies in place, will cause deadweight loss. Diagram provided.

5 0
3 years ago
g Liabilities of the commercial banking system include Question 69 options: A) deposits. B) loans and deposits. C) reserves and
netineya [11]

Answer:

A) deposits

Explanation:

In the case of the commercial banking system, the  liabilities is deposits as the deposit is the amount of the depositors

So as per the given situation, the option A is correct as the deposits represents the commercial banking liabilities

hence, all the other options are incorrect

Therefore, the same is to be considered

8 0
2 years ago
A workgroup of 5 workers produced 500 units of output in a certain month working 22 days (8 hours per day).
Sedbober [7]

Answer:

The question continues ; b) Suppose that in the next month, the same work group produced 600 units but there were only 20 workdays in the month. Using the same productivity measures as before, determine the productivity index using the prior month as a base.

Explanation:

given 5 workers produced 500units working 8hrs/day for 22days

We calculate the output unit for each per worker for a month, a day and an hr;

Monthly output unit = 500/5 = 100 = LPR = Productivity ratios

daily output unit = 500/ 5x22 = 4.545 = LPR

hourly output unit = 500/ 22x8x5 = 0.568 = LPR

similarly for 600units produced by the same number but in 20days

Monthly output unit = 600/5 = 120 = LPR = Productivity ratios

daily output unit = 600/ 5x20 = 6.0 = LPR

hourly output unit = 600/ 20x8x5 = 0.75 = LPR

To calculate their productivity index ;

LPI = 120/100 = 1.2 = Monthly output unit

LPI = 6.0/4.545 = 1.32 = daily output unit

LPI = 0.75/0.568 = 1.32 = hourly output unit

5 0
3 years ago
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