Answer:
Market A: 
Market B: 
Explanation:
Market A: 
........................ (1)
Market B: 
........................ (2)
MC = m = 20 ............................................... (3) for both markets
For Market A:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 50 for 
in equation (1), we have:
For Market B:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 80 for 
in equation (2), we have:
Answer:
Fannie Mae would argue that "to the order of" is a complete order instrument that needs endorsement and can be enforced. "Pay to the order of" are negotiable instruments that must be paid via endorsement and delivery.
Explanation:
The Federal National Mortgage Association (Fannie Mae) wanted to foreclose on the house and sell it to recover the balance due. Smith argued that the words "to the order of " in the endorsement made the note an incomplete order instrument and that Fannie Mae could not enforce it. What is Fannie Mae's best response to this argument
Smith argued, among other things, that the indorsement on the note rendered it incomplete and "insufficient to support the use of executory process and,the words "to the order of [blank]" included in the subject indorsement made the instrument incomplete order paper, not bearer paper, and thus Fannie Mae could not properly enforce the note.However,Fannie Mae would argue that "to the order of" is a complete order instrument that needs endorsement and can be enforced. "Pay to the order of" are negotiable instruments that must be paid via endorsement and delivery.
Answer:
(a) 0.7
(b) 3.33
(c) -$210
(d) -$147
(e) -$1 trillion
Explanation:
(a) Marginal propensity to consume (MPC) = 0.7
(b) Multiplier of this economy:
= 3.33
(c) Decrease government purchases by $300 billion,
Initial change in consumption = Change in government purchases × MPC
= $300 × 0.7
= -$210 billion
(d) This decreases income yet again, causing a second change in consumption equal to:
= Initial change in consumption × MPC
= -$210 × 0.7
= -$147 billion
(e) The total change in demand resulting from the initial change in government spending is:
= Change in government purchases × Multiplier
= $300 × 3.33
= -$1 trillion
Answer:
Justin has uncovered the Opportunity aspect of the SWOT analysis
Explanation:
The SWOT analysis stands for strength, Weakness, Opportunity and Threat.
The term opportunity refers to chances, openings that is available for an organisation in the market in which it operates. Opportunity usually arises from external environment of the organisation.
An organisation that is able to spot and exploit opportunities will have the ability to compete favorably in the market and make a huge difference in its operations.
Therefore, Justin realizing that his company was the only one with all-natural ingredients in their pizza crust and could use this to get the pizza into more health food grocery stores has uncovered an opportunity which if leveraged on will enhance its profitability.
