Sheila is walking along the street and discovers a document on the side of the road. The document provides that one party will deliver a couch to the other party. Only the seller’s name, Percy, is provided. In the document, and there are no signatures. Sheila decides to sign the document and force Percy to deliver the couch. If Sheila sued, which of the following is the most likely outcome?
10-year-old Kermit walks into a toy store, TOYS 4 US!, to bu…
10-year-old Kermit walks into a toy store, TOYS 4 US!, to buy a cool new dump truck with his birthday savings. Two days later, the truck Kermit bought was deemed collectable (a collector’s item) and thus began selling on eBay for triple the price Kermit had paid. The TOYS 4 US! manager realizes this and attempts to cancel the contract he made with Kermit. Will this cancellation be successful? Why or why not?
Provide an example of a combined design. In your description…
Provide an example of a combined design. In your description, identify a hypothetical target behavior and intervention, the two single-case designs you chose, and how their combination can demonstrate a functional relationship.
Table 16-3Tommy’s Tie Company, a monopolist, has the followi…
Table 16-3Tommy’s Tie Company, a monopolist, has the following cost and revenue information. Assume that Tommy’s is able to engage in perfect price discrimination. Costs Quantity Total MarginalProduced Cost Cost(Units) (Dollars) (Dollars) RevenuesQuantity Demanded Total Marginal Price Revenue Revenue(Units) (Dollars per unit) (Dollars) (Dollars) 0 100 – 0 170 1 140 1 160 2 184 2 150 3 230 3 140 4 280 4 130 5 335 5 120 6 395 6 110 7 475 7 100 8 575 8 95 Refer to Table 16-3. If the monopolist can engage in perfect price discrimination, what is the marginal revenue from selling the 5th tie?
Figure 22-4 Refer to Figure 22-4. Suppose the price of pop…
Figure 22-4 Refer to Figure 22-4. Suppose the price of popcorn is $2, the price of soda is $4, the value of A is 30, and the value of B is 15. How much income does the consumer have?
The production possibilities frontiers below show how much B…
The production possibilities frontiers below show how much Bob and Betty can each produce in 8 hours of time. Bob’s PPF Betty’s PPF Betty has
Figure 22-13 Refer to Figure 22-13. When the price of X is…
Figure 22-13 Refer to Figure 22-13. When the price of X is $80, the price of Y is $20, and the consumer’s income is $160, the consumer’s optimal choice is D. Then the price of X decreases to $20. The income effect can be illustrated as the movement from
Table 15-9 A firm in a competitive market has the following…
Table 15-9 A firm in a competitive market has the following cost structure: Quantity(Units) Marginal Cost(Dollars) 0 — 1 5 2 10 3 15 4 20 5 25 Refer to Table 15-9. Consider a competitive market with 50 identical firms. Suppose the market demand is given by the equation QD = 200 − 10P and the market supply is given by the equation QS = 10P. How many units should a firm in this market produce to maximize profit?
Both Diana and Sarah like Classical music and music by Beyon…
Both Diana and Sarah like Classical music and music by Beyoncé. Diana likes music by Beyoncé much better than Classical music, whereas Sarah prefers Classical music to music by Beyoncé. If we were to graph an indifference curve with CDs by Beyoncé on the horizontal axis and Classical music CDs on the vertical axis, then
Figure 15-4 In the following figure, graph (a) depicts the l…
Figure 15-4 In the following figure, graph (a) depicts the linear marginal cost (MC) of a firm in a competitive market, and graph (b) depicts the linear market supply curve for a market with a fixed number of identical firms. Graph (a): Firm Graph (b): Market Refer to Figure 15-4. When 100 identical firms participate in this market, at what price will 15,000 units be supplied to this market?