Answer:
Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm
Explanation:
The answer is already stated within the question, but I'll provide the explanation.
In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.
On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:
$200 < X < $400.
Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.
Answer:
The firm will not sell any bundle, the amount of bundle to be sold will be zero.
Explanation
Solution
Since firm sells at $25 each for coats and pants, then If consumer wants to purchase both Pant and Coat, the customer will have to pay 25 + 25 = $50.
Also, If consumer purchase Pant and Coat as a Bundle then, he will pay 150. From the question stated we can conclude that their is a form of interest to pay for Pant and Coat for Both consumers are higher than 25.
However, they will have to pay an amount less for 1 coat and 1 pant if they buy this in a separate way instead of a Bundle.
We can say, that type of consumers (both) will not buy the pants and coat as a bundle, but will want to buy them separately.
Therefore, any bundle will not be sold by firm. the amount of Bundle sold will be known as a zero Bundle
Answer:
The value of a right is $1
Explanation:
10 rights are needed to buy 1 share at the price of $19
Value of total rights = $29 - $19 =$10
Value of a right =
= $1
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