Answer:
Yes, the court should enforce Maybelline's promise since Ruben relied on it. Maybelline offered Ruben the money not once, but twice, so Ruben had sufficient reasons to believe that she would fulfill her promise. Ruben suffered since she didn't fulfill her promise, so the court should rule in his favor.
Answer:
0.75
Explanation:
Marginal Propensity to Consume (MPC) is the change in consumption due to change in income
Change in consumption = $7,250 - $6,500 = $750
Change in income = $11,000 - $10,000 = $1,000
MPC = Change in consumption / Change in income
MPC = 750 / 100
MPC = 0.75
Answer:
Interest expense for 12 months = 0.08*12,000=960
March 1 to May 31= 3 months
Interest expense accrued = 960*3/12=240
Explanation:
1) Despite that MNI have been owned by various companies in the last 60 years, it has maintained itself as a separate identity in the market.
- The separate identity held helps to attributed itself to only a small size car market and also differentiated itself in terms of look and style.
- MNI positioned itself as manufacturer of youngster car with a feel of luxury at affordable price and emotional value to the car.
2) Because MINI have maintained its as a separate brand, it has around 5 billion brand equity value.
Read more about brand equity:
<em>brainly.com/question/19081560</em>
Answer:
b.(1/2, 1/2)
Explanation:
If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.
Therefore, Nash equilibrium is (1/2 , 1/2).
