Answer:
Explanation:
Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6
Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2
Cross Elasticity = -0.2 / 0.8 = -0.4
<span>A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a free rider. The free rider problem is created from market failure because people take advantage of being able to use common resources or collective goods without being able to pay for </span>them.
Answer:
$5,000
Explanation:
Consequential damages are damages that result from the one party in a contract not performing their part or breaching the contract.
In this case, New Data can sue Mona for consequential damages resulting from Mona not performing her contractual obligations. The damages that New Data can recover = $5,000 which is the profit from the lost sale. The $1,000 spent fixing the computer cannot be recovered.
I believe there are no minimum number of days for this.
informal process of the complaints typically follow the method that is usually not aimed to be finished in legal court.
the purpose of informal complaint usually only to resolve a simple difference rather than full investigation.
Answer:
$48,800
Explanation:
Ratio = 2:3
Total investment:
= Benson capital + Orton capital + Ramsey capital
= $60,000 + $40,000 + $20,000
= $120,000
Total Equity of Ramsey:
= 40% of Total investment
= 0.4 × $120,000
= $48,000
Old partners contribution:
= Equity of Ramsey - Ramsey capital
= $48,000 - $20,000
= $28,000
Benson’s capital balance after admitting Ramsey:
= Benson’s capital - Old partners contribution(2 ÷ 5)
= $60,000 - [$28,000 × (2 ÷ 5)]
= $60,000 - $11,200
= $48,800
