Answer: c. The median pay of economics majors increased more in dollar terms than any other majors in 2015.
Explanation:
According to research by several job websites, Economics majors saw their wages increase more than other majors in terms of dollar terms in 2015.
This has been attributed to the Economics field needing more specialization as most entry level economics jobs require at least a masters in the field. While there does not seem to be any reason for this, it is theorized that the need for Economists has been on the rise as economies become more uncertain.
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Answer: $320
Explanation:
The Profit as the question shows is the Total Revenue less the total cost.
Total Revenue.
This will be the amount of goods sold multiplied by the price they are sold at.
The monopolist maximises output where Marginal Revenue equals Marginal Cost which from the graph is 4 units.
The price they sell at is the intersection of this quantity with the demand curve which is at $120.
Total Revenue = Units Sold * Price
= 4 * 120
= $480
Total Cost
The total cost will be the average cost per unit multiplied by the number of units sold. The relevant average cost is the cost associated with the maximised out of 4 units which according to the graph is $40.
= Average cost * number of units
= 40 * 4
= $160
Profit = 480 - 160
= $320
A regimen with a schedule outline or summary of class topics and assignments
Answer:
The correct answer is letter "D": nominal interest rate; hold.
Explanation:
The demand of money refers to the amount of money people prefer to hold in cash instead of investment vehicles or assets. The demand for money is proportional to individuals' income and the interest rate. According to this approach, when the interest rates are higher, people prefer to invest. When interest rates fall, people prefer to hold cash.
Therefore, <em>the demand for money explains the relationship between the quantity of real money demanded and the nominal interest rate that people prefer to keep, remaining the same all other factors that influence the amount of money.</em>
