Answer:
Explanation:
Find attached the solution and the relevant formulas
Answer: Contract will be modified
Explanation:
Melinda has already gotten into the contract so going to the courts will not void it as she still has to perform her part of the contract.
The best the court can do is to modify the contract so that she no longer has to pay the exorbitant interest rates of 13% that she is paying. Even if there was to be an investigation, she still wouldn't get the contract voided because she still needs to fulfill her part so it will just be modified.
Having other firms would lead to competition and constantly needing to have a lower prices and better service then the other firm. If only one firm is around it lets them charge higher prices and not compete to treat their costumers better.
Answer:
A. Canada has a comparative advantage in the production of hockey sticks.
Explanation:
The computation is shown below:
For Canada
The Opportunity cost of Hockey is
= 10000 ÷ 100000
= 0.1 gallons of maple syrup
For Germany
The Opportunity cost of Hockey is
= 10000 ÷ 90000
= 0.11 gallons of maple syrup
So based on this, the option A is correct
And, the same is to be considered
Therefore all the other options would be wrong
She's the last one since she's the only one you're talking to