Decline, Processed, Apporved.
D. assets are considered essential in operating a business
Two problems are identified to cause few fish in the local lakes: <span><span>1) </span>Weather patterns</span> <span><span>2) </span>Threat from invasive carps</span> <span><span>Dave and Betsy should consider both in their planning, so the best plan which will have an impact is ‘</span><span>they should develop a crisis response plan in case of a bad weather report or a carp sighting”. </span></span>
Answer options:
a. partly successful.
b. partly unsuccessful.
c. totally successful.
d. totally unsuccessful.
Answer:
D) totally unsuccessful.
Explanation:
Since Sari ratified the contract that Rolf made with Tige, then she should not try to rescind it because Tige can enforce it. Sari had the chance to void the contract, but instead she voluntarily decided to ratify it, and by doing so she expressly agreed to perform her part (which is paying for it).
Answer:
B. includes only one good.
Explanation:
A corner solution is a microeconomics concept, which is used to illustrate the graphical representation of a situation where an individual wouldn't do some things at any cost or for any price.
Optimum is usually experienced on the consumer graph at the point where the indifference curve (IC) is just tangential to the consumer's budget constraint. Thus, the corner solution lies at the non-zero interior, which then means that none of the other goods is contained in the optimum.
Hence, an optimum that occurs as a corner solution includes only one good.
<em>For instance, Tracy saying she wouldn't buy a XYZ phone for any price, or Sarah saying she would visit a museum no matter how much it will cost her are some examples of corner solution. </em>
