Answer:
The correct answer is (b)permitted because the contract is just for music lessons.
Explanation:
Recall that,
Johann, a well known musician agrees to give out ten lessons of guitar to Elton for an amount of $ 2000. this contract forbids delegation.
Since Johann delegates his obligation to Eugene who is a second year student in music, then his delegation is only allowed because the contract is to take music lessons and nothing more.
Answer:
Continue operating; $699
Explanation:
The equilibrium price is $10.
MR = MC at 233 units of output.
At this output level, ATC is $12, and AVC is $9.
The AFC or average fixed cost
= ATC - AVC
= $12 - $9
= $3
The total fixed cost
= 
= 
= $699
The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.
Answer:
8.8%
Explanation:
Given:
Excess return = 6% = 0.06
Return respond factor = 1.2
Expected higher percent = 1.5% = 0.015
Increase growth (stock price) = 1% = 0.01
Actual excess return = ?
Computation of actual excess return:
Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]
= 0.06 + 0.01 + [0.015 × 1.2]
= 0.07 + [0.018]
= 0.088
= 8.8%
The answer
is False, whereas training focuses on specific job-related skills, development
is aimed at helping managers improve more general skills such as time
management, motivating employees, and solving problems. <span>Cognitive
ability tests are seen as aptitude tests because they focus on the question of
whether the person will be able to perform some specific task in the future.</span>
