The answer would be A: Cooked rice.
Answer:
The plaintiffs are seeking an equitable remedy.
Explanation:
Legal remedies basically involve monetary compensations, in other words, the non-breaching party (in this case case manufacturers) sue in order to receive money.
While equitable remedies do not involve monetary compensations, instead they seek other types of solutions.
Answer:
a. 0.7%
Explanation:
The computation in the change in the real exchange rate is shown below:
Change in the real exchange rate = {(1 + change in nominal spot exchange rate) × (1 + change in the price level of euro-zone or foreign country)} ÷ (1 + change in the price level of US or domestic country) - 1
= {(1 + 7.5%) × (1 + -4%)} ÷ (1 + 2.5%) - 1
= {(1.075) × (0.96)} ÷ (1.025) - 1
= (1.032) ÷ (1.025) - 1
= 0.7%
Answer:
The correct answer is option A.
Explanation:
For a free market to exist it is necessary that the government defends the property rights of the individuals and businesses. We are aware that in an economy resources are scarce. The ownership rights of these resources provide the incentive to businesses or individuals to make efforts.
Private property is capital in a free market economy. Individuals or businesses will invest in these resources if they have the right to own them. So, private property rights must be protected by the government.
Answer: Option (C)
Explanation:
Here, in this particular case we can state that the following circumstance is an example of price lining. Alex Knot's shop applied the process of price lining, that is also known as product line pricing. It is the marketing process under which the commodities or the services in a particular group are evaluated at the unlike price.