Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 59, 46, 49, 31, 68, and 60?





A. 12

B. 13

C. 14

D. 15


B. 13

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In a compensation deal, the seller sells a plant, equipment, or technology to another country and agrees to accept as partial payment products manufactured with the supplied equipment

Indicate whether the statement is true or false

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A public policy reason for imposing strict product liability on all in the chain of distribution is:

A) Consumers should be able to choose dangerous products if they want to. B) These parties are able to insure against product liability costs. C) These parties should be punished for putting dangerous products on the market. D) Negligence was making it too easy for plaintiffs to recover.

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Arthur fired a gun in the middle of the desert. He intended to fire the gun, but had no reason to believe anyone else was in the area. The bullet hit Bob, who happened to be riding his ATV across the desert. In this case:

a. Arthur has committed the tort of assault. b. Arthur has committed the tort of battery. c. it is unlikely that Arthur has the necessary intent to commit a tort. d. Arthur has committed the tort of intentional infliction of emotional distress.

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When firms allow employees to "opt out" regarding health care, employees

A) are offered a cash incentive for electing not to cover their families under the company health plan. B) are not eligible to participate if their spouse has health insurance. C) are only eligible to participate if they are single. D) none of the above.

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