If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co) is $360, which of the following is the probability of the last unit being sold?
A. Greater than 0.90
B. Greater than 0.25
C. Greater than 0.85
D. Greater than 0.75
E. None of these
Answer: D
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a. guild b. association c. union d. club e. jurisdiction
How is "sovereign immunity" interpreted under U.S. law today?
A) It gives absolute immunity to a foreign nation from all U.S. laws. B) It gives immunity to foreign governments for commercial activity carried on in the U.S. by the foreign government. C) It exempts the public acts of a foreign government, such as those involving diplomatic activity, from all U.S. laws. D) All of these.
What are the advantages and disadvantages of organizing a family-owned business into a corporation?
What will be an ideal response?
The Kapinskis owned and occupied lot 18 from 1935 to 1950 in a state in which the adverse possession period is 25 years. In 1950, the lot was conveyed to the Wyroskis. The Laurins purchased lot 19 in 1954. The lots were the sites of summer homes. A row of lilac bushes had always marked the boundary between lots 18 and 19, and the Kapinskis and Wyroskis put in and maintained a lawn and flower bed
that bordered the lilacs. A boathouse for lot 18 was also located next to the lilac bushes. The boundary line as marked by the lilac bushes was incorrect and the bushes were actually located on the Laurins' lot. The result was that the incorrect boundary expanded the size and boundaries of the Wyroski lot. In 1961, the Laurins bought an action to quiet title. ?The Kapinskis: A)?Have not owned the property long enough to satisfy the adverse possession requirement. B)?Have satisfied the adverse possession requirement because their possession was continuous. C)?Have not satisfied the adverse possession requirement because their possession was not intentional. D)?Have owned the property long enough to establish adverse possession through tacking