Read the fine print, if it says “after signing, this contract is final.” Then Otto is screwed, because he must pay the $50,000
Or, Otto could hire a lawyer to fight it in court
Hope this helped ♥︎
        
             
        
        
        
If the firm can increase its profit by increasing its output then the firm is not producing at where the marginal cost is equal to the marginal revenue. A profit-maximizing firm in a competitive market will produce its output at the point in which MC=MR. 
        
             
        
        
        
Answer: A demand curve is built on the assumption that only the demand and price of the good/service will change. 
Explanation: A demand curve is a graph that shows the change in how much demand may change if price of the good/service changes well. The graph helps connect the relationship between both price and demand 
 
        
             
        
        
        
Total Cost of <span>Insurance Coverage
</span>
        
                    
             
        
        
        
Answer:
standing
Explanation:
Standing - 
It refers to the situation , when the party who has filed the complaint on the court is not able to show any proof for the case filed , is referred to as standing . 
It refers to the type of some medical report , any eye witness ,or any clue or proof against the other party , can be provided to the court . 
Hence , from the given scenario of the question , 
The correct term is standing .