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Dmitry [639]
3 years ago
9

A general requirement for the informed consent is that no informed consent may include any exculpatory language. Exculpatory lan

guage is that which waives or appears to waive any of the subject's legal rights or releases or appears to release those conducting the research from liability for negligence. Which of the following statements in a consent form is an example of exculpatory language?
I waive any possibility of compensation for injuries that I may receive as a result of participation in this research.I waive any possibility of compensation for injuries that I may receive as a result of participation in this research.
Business
1 answer:
s2008m [1.1K]3 years ago
8 0

Answer:

I waive any possibility of compensation for injuries that I may receive as a result of participation in this research.

Explanation:

The given definition in the scenario is that ''Exculpatory language is that which <u>waives or appears to waive any of the subject's legal rights</u> or releases <u>or appears to release those conducting the research from liability for negligence</u>.''

Therefore in the consent statement requesting that a subject state ''I <u>waive any possibility of compensation for injuries that I may receive as a result of participation</u> in this research, directly defines the content of an exculpatory language.

The statement is waiving the responsibility of researchers for negligence and at the same time waiving the legal rights of the research participants

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Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi
Mars2501 [29]

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Receives a loan = $100,000

Withdraws = $50,000

Interest rate = 2%

So, we can calculate the implicit cost by using following formula:

Implicit cost = Withdrawal amount × Tax rate

By putting the value, we get

Implicit cost = $50,000 × 2%

= $1,000

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3 years ago
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8 0
4 years ago
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Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. you currently use your income to r
Lelu [443]
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5 0
4 years ago
Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Quant
Tems11 [23]

Answer:

Demand Curve is same as Average Revenue (AR) curve.

Total Revenue, Marginal Revenue, Average Revenue have been solved below

Explanation:

The demand curve that Vesoro faces is identical to 'Average Revenue' <u>curve</u>. As, AR curve represents average price (P) buyers are willing to pay for a quantity of a commodity.

Average Revenue (AR) is total revenue (TR) per unit quantity. AR = TR/ Q. Total Revenue is the total revenue for all quantities, TR = P x Q

So, Average Revenue = (P x Q) / Q = P ie price. This states that average price willingness to pay is same as AR, demand curve is AR curve.

Assuming perfect competition constant price = $5

Q    P    TR= PxQ   AR= TR /Q   MR (marginal revenue = TRn -TRn-1)

0     5         0                 0                _

1     5          5               5                5

2     5         10              5                5

3     5         15              5                5

7 0
3 years ago
Rain spoils the strawberry​ crop, the price of strawberries rises from ​$2 to ​$4 a​ box, and the quantity demanded decreases fr
Veseljchak [2.6K]

Answer:

a. Price elasticity of demand is 3.5.

b. Demand for strawberries elastic.

Explanation:

a. Calculate the price elasticity of demand over this price range.

Price elasticity of demand can be calculated as the percentage change in price divided by percentage change in quantity demanded.

We can therefore proceed as follows:

Percentage change in price = [(4 - 2) ÷ 2] × 100 = 100%

Percentage change in quantity demanded = [(1,400 - 1,000) ÷ 1,400] × 100 = 28.57%

Price elasticity of demand = 100% ÷ 28.57% = 3.5

Therefore, the price elasticity of demand over this price range is 3.5.

b. Describe the demand for strawberries.

Since the calculated price elasticity of demand of 3.5 is greater 1, this implies that demand for strawberries elastic. That is, customers are sensitive and more responsive to the change in price of strawberries.  

8 0
4 years ago
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