in 1954, the government of bolivia began taking land from francisco loza, a bolivian citizen and resident, for public projects, including an international airport. the government directed the payment of compensation in exchange for at least some of his land, but the government never paid the full amount. in 1993, the bolivian government acknowledged that debt, which was approximately $250 million, but still did not pay. because mr. loza had passed away, his heirs, genoveva and marcel loza, who were both u. s. citizens, filed a suit in a federal district court in the united states against the government of bolivia, seeking damages for the taking. can the court exercise jurisdiction?

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?