Answer:
The correct answer is option c.
Explanation:
A rational consumer will always try to maximize his utility given his limited income.
The consumer optimum will be that bundle of goods and services which provide maximum total utility to a consumer, given his fixed income.
The total utility will be maximized when the marginal utility of money spent on each good is equal.
This is an example of release. Group of answer choices release rescission novation waiver arbitration.
- A waiver happens when a party purposefully renounces their ability to enforce a contract.
- A release is created when one party declares the other side is not required to fulfill its obligations.
- Damages are amounts given as compensation for costs directly suffered as a result of a contract breach, such as costs incurred from another source.
- The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer.
What are the laws of contract?
- The area of law that deals with creating and upholding contracts is known as contract law.
- An agreement that can be upheld by a court is referred to be a contract.
- The body of legislation known as contract law regulates the formation of contracts, their performance, and the creation of just reparations in the event of a breach.
Learn more about laws of contract
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Answer: Sorry bruh, cant help u with them all.
Explanation:
I dont got the time. But i will answer one. 27. the answer is A I think.
demand deposits - a deposit of money that can be withdrawn without prior notice
near money - assets that can readily be converted into cash, such as government bonds
just google the definitions and read about it
Answer: The corrects answers are: "a. If both firms are localized in position 1/2 (i.e., center of the line), neither firm has incentives to deviate and move to a different position.", "c. If Firm localize at the same point along the line, they will each sell to 50% of the consumers." and "d. If Firm 1 is located at position 1/2 (i.e., center of the line) and firm 2 is located somewhere else, then both firms have incentives to deviate and change their position along the line.".
Explanation: According to the Hotelling model of the competition between two firms:
a. If both firms are localized in position 1/2 (i.e., center of the line), neither firm has incentives to deviate and move to a different position. - If this were the case, it would be indifferent for customers to go to either.
c. If Firm localize at the same point along the line, they will each sell to 50% of the consumers. - This happens because each consumer will go to the nearest one.
d. If Firm 1 is located at position 1/2 (i.e., center of the line) and firm 2 is located somewhere else, then both firms have incentives to deviate and change their position along the line. - This happens because the strategy chosen is not suitable for either company.