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4 years ago

Why are wealthy people essential in the economy?

Law

2 answers:

Oksanka [162]4 years ago

7 0

Answer:

To pay those of us with less money

Explanation:

Wealthy people hire people with less money than them to do things and when you have a job or do something for them they pay you in return. Imagine a very wealthy person owns a successful business, they can't clean they store, manage stocks(stonks), and do everything else by themselves and that's where the people who need money come in. They pay us to work for them and they still get money back from the business. That's what rich people are for to pay those of us who need money, making them a very essential part of the economy.

Sophie [7]4 years ago

5 0

If we only had middle class people or people making the same amount of money the economy would crash

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Allushta [10]

The yellow line between the roads separate the oncoming traffic lane, so the drivers won't get confused. Since the driver is on the right side of the road, the yellow line would be on their left, since the middle line (yellow line) is in the middle of the road.

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3 years ago

Assume that Big Drug Company (BDC) was one of ten drug manufacturers that produced and sold a drug in Ohio that was found to cau

n200080 [17]

Answer:

Market share liability

Explanation:

To understand the doctrine of market share liability, it is important to first know the meaning of market share itself.

Market share refers to the percentage of the overall sales of a particular industry that is generated by a company. It calculated by dividing the total sales of the firm during a specified period by the aggregate sales of the industry during the same period. This gives an idea what the size of a company is compared with its competitors in the industry.

From the question, market share of BDC for that drug i Ohio is believed to be 40% when the mother of the plaintiff was taking it.

Market share liability is a legal doctrine unique to the law of the U.S. which gives an opportunity to a plaintiff who sustained an injury from a fungible product to establish a prima facie case against the product based on the market share of the manufacturers of that product, regardless of whether or not knows the actual producer of the product.

Therefore, the state of the plaintiff follows the doctrine of market share liability if he is able to collect $40,000 which from BDC out of the $100,000.

Note:

The $40,000 is obtained after applying 40% market share of BDC to the $100,000 total damages.

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3 years ago

incoterms 2020 can be used for domestic and international purchases purchases involving ocean freight only international purchas

Mumz [18]

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1 year ago

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3 years ago

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Arte-miy333 [17]

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3 years ago