<span>What are the elements of the tort of negligence??
Answer:</span><span>*Presence of a Duty of Care. The first element is establishing the presence of a duty owed by one person to another.
*Someone Breached Their Duty. The second element is a breach of the duty owed by one person to another.
*The Breach Directly Causes Injuries. <span>
*Proving Monetary Losses.</span></span>
Answer:
D. Cash is debited $5,000; capital is credited $5,000.
Explanation:
The action by Mr. Peabody will increase both cash and capital accounts by $5000 each. As per the accounting equation,( Assets = owners equity + liabilities) cash and capital are on the opposites sides. Cash is an asset, while capital is equity.
An increase in an asset is a debit, while an increase in capital is credited. In this case, the cash account will be debited by $5000, while the same amount will credit the capital account.
Answer: B. Each firm Charges a HP
Explanation:
Nash Equilibrium is a point where there is no incentive from deviating for each firm to deviate or change its strategy.
Firms reach Nash Equilibrium Point when they both charge high price (HP). When both firms charge high price (HP) each firm will earn 10 million dollars at this point there is no incentive for either firm to change and charge lower price because they will earn $ 1 million. Each firm will just choose to charge high price regardless of what the other firm is doing.
Answer:
Explanation:
The products rank are shown below:
VP YI WX
Selling price per unit (A) $248.04 $230.66 $505.44
Variable cost per unit (B) $190.71 $172.14 $388.80
Contribution margin
per unit (A-B) or C $57.33 $58.52 $116.64
Centiliters of compound W (D) 3.90 3.80 8.10
Contribution per centiliters (C÷D) 14.7 15.4 14.4
Rank 2 1 3
