It is very important to pay attention to these notes because, it is the notes that will indicate when the use of the combination code is appropriate and it will also point out the codes that are combined into one combination code.
Answer:
Misappropriation refers to the use of another person's intellectual property including their name or likeness without prior permission from the person which can then cause harm to that person.
This is indeed an example of misappropriation because the company tried to use Bette's likeness in the commercial. After being rebuffed by Bette saying that she does not do commercials for whatever business or personal reasons known to her, they still sought to use her popularity and image to make their products more popular.
To do so they hired a backup singer and told her to sing as much like Bette as she could so much so that even Bette's close acquaintances thought that it was Bette. If her close acquaintances could think it was her, imagine the general public.
They therefore made it seem as though Bette did their commercial which then would mean that Bette does in fact do commercials which would do damage her assertion that she does not do same. This would bring harm to her business relationships if for instance she had rebuffed other companies in the past when they sought her to do their commercials.
This is a case of Misappropriation and Bette should sue.
Answer:
$172.75
Explanation:
Principal amount for the first ten years=$500
($10,000/20)
Interest repayment during the 10th Year=$385
(10,000-(500*9)*7%)
Total payment for Year 10=$885
(500+385)
Total principal amount at Year 10=$5,000
(10,000-(500*10)
Present value of Annuity=Payment per year((1-(1+7%)^-10)/7%)
5,000=Payment per year(7.02)
Payment per year from year 11=712.25
Difference between 10th and 11th payment=$172.75
(885-712.25)
Answer:
B) Increases as its price falls, ceteris paribus.
Explanation:
The laws of demand and supply are fairly simple:
- law of demand: as the price of a good or service decreases, the quantity demanded for the good or service increases
- law of supply: as the price of a good or service increases, the quantity supplied for the good or service increases
Answer:
A) -0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in the number of Commuters
Explanation:
Given data:
current fare (P0) = $4
hiked fare (P1) = $6
change in fare = $2
number of rides before increase ( Q0 ) = 10000
number of rides after increase ( Q1 ) = 8000
change in rides = 2000
A) The estimated elasticity of demand for MRT rides using the midpoint /ARC method
Mid point method = [ ( Q1 - Q0 ) / ( Q1 + Q0 ) ] / [ (P1 - P0 ) / (P1 + P0 ) ]
= [ - 2000 / 18000 ] / [ 2 / 10 ]
= - 1000 / 1800 = - 5 / 9 ( estimated elasticity )
= - 0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in Commuters
