The nature of employer liability changed in the 19th century through judicial instrumentalism and had what effect?
(a) Reducing the risks and the costs of business, making business enterprise more daring and profitable than it would have been otherwise.
(b) Increasing the risks and the costs of business, making business enterprise more daring and profitable than it would otherwise have been.
(c) Continuing the older doctrine that employers could be found guilty of contributory negligence, thus increasing the employer's liability for worker injury.
(d) None of the above were effects of the changes to the nature of employer liability.
(a)
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A) E. B) E times P. C) E times P . D) (E times P )/P. E) P/(E times P ).
A system of economic organization in which the ownership and control of productive capital assets rests with the state and in which resources are allocated through central planning and political decision making is called
What will be an ideal response?
The demand and supply of a product is given in the above table. A unit tax of $2 is imposed on the product. The equilibrium quantity for this product after the tax is imposed is equal to
A. 25 units. B. 30 units. C. 15 units. D. 20 units.
If a firm is producing where MR > MC
A. the firm is already maximizing profits because revenue is being increased by more than costs. B. the revenue gained by producing one more unit of output equals the cost incurred by doing so. C. the revenue gained by producing one more unit of output is less than the cost incurred by doing so. D. the revenue gained by producing one more unit of output exceeds the cost incurred by doing so.