Answer: Special damages
Explanation: In simple words, special damages refers to the claim made by the injured person for the losses he or she suffered due to negligence of duty by the defendant.
In the given case, the train that is owned by the modern railways collided with a truck owned by craft co resulting in a loss of $100,000 of the former.
Hence if Craft co proves that the accident happened due to the negligence from the side of modern railways then they can claim special damages.
Answer:
The correct answer is option A.
Explanation:
The constant returns to scale refer to the situation when a proportionate change in the input causes an equal proportionate change in the output level.
In this situation, the average total cost which is the ratio of the total cost of production and quantity of output produced remains the same.
The average total cost curve is a horizontal line when the firm experiences constant returns to scale.
Answer:
X = 32
Y = 96
Explanation:
Z = 5%
Z = (0.04X + 0.08Y) / (X + Y)
we can substitute Z:
0.05 = (0.04X + 0.08Y) / (X + Y)
0.05 (X + Y) = 0.04X + 0.08Y
0.05X + 0.05Y = 0.04X + 0.08Y
0.01X = 0.03Y
X = 0.03Y / 0.01 = 3Y
This means that we must choose one value for Y that divided by 3 equals another option:
the only possibility that fits the equation is:
The decision making process is in the following order: E, B, F, D and A.
<u>Explanation:</u>
The firm which is into house painting services, first of all the owner estimates that painting with the spray saves time by twenty percent. Then the firm owner will discuss the potential of using paint spray instead of hand painters so that productivity can be increased. Then the next step would be research of cost of paint sprayers.
Then the next step would be comparison of expected cost of the paint sprayers with the expected cost of hand painters. After that he found that paint sprayers would fall cheaper and increase profit. Therefore he decided to buy the paint sprayer.
Answer:
It would rise.
The ratio of the marginal utility of ball games to the price of ball games went up compared to the ratio for movies.
the law of demand
Explanation:
According to the law of demand, the quantity of the item purchased depends on the price of the item. When the price of an item is high, the quantity purchased is less. On the other hand, if the price of an item is low, the quantity purchased becomes more respectively. The law of demand occurs because of the diminishing marginal utility. The higher the price, the lower is the demand and the lower the price, the higher is the demand.