In a product liability case, a company can settle out of court for a loss of $350,000, or go to trial, losing $1,100,000 if found guilty and nothing if found not guilty. lawyers for the company estimate the probability of a not-guilty verdict to be 0.8. should the company settle out of court? . yes or no?

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

In terms of precent, beer has more alcohol than whiskey true or false

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.