Answer: Sheldon focuses or specialize on running errands and Leonard in washing dishes;
they trade at 1 errand run per 20 dishes washed
Explanation:
Sheldon focuses or specialize on running errands and Leonard in washing dishes; thus this the individual specialization
they trade at 1 errand run per 20 dishes washed this is the terms of trade they both can agree on.
Answer:
The canoeing speed is 8mi/h and the stream speed is 2mi/h.
Explanation:
Being Vc the speed of canoing and Vs the speed of the stream wmi/e have that
then
using the first equation of the system we have that
Vc = 6mi/h +Vs
replacing
6mi/h+Vs+Vs = 10mi/h
2Vs = 4mi/h
Vs = 2mi/h
then going back
Vc = 6mi/h + 2mi/h = 8 mi/h
Answer:
The correct answer is letter "C": produces products that are considered elastic.
Explanation:
Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.
Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.
<u>Answer:</u> In economic duress cases the courts look of
the threats and the victim's alternatives.
<u>Explanation:</u>
Duress means where violence is used against the party to forcefully receive signatures of approval on written contract. The violence used can be unlawful threats or coercive behavior without which the person may not agree to commit to. If the pressure given is lawful it does not mean the economic duress is lawful.
Duress is an illegal act which is punishable under law. The court will check if the party had any threat. Also the court will check if the victim had any alternatives such as protesting at that time or the victim has affirmed the contract.
Answer:
Sam’s Home Store can enforce the contract against Restore Construction Company
Explanation:
In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.
