In general, a plaintiff and defendant should be expected to settle if the expected ________ from the litigation is ________ the expected ________.
A) gain; greater than; loss
B) loss; greater than; gain
C) loss; less than; gain
D) loss; exactly one half of; gain
B) loss; greater than; gain
Economics
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During a recession, spending on ________ tends to fall more dramatically than spending on ________
A) nondurable goods; durable goods B) durable goods; nondurable goods C) food; cars D) necessities; luxuries
Economics
Suppose that there are only two goods in Japan, sushi and saki. The absolute price of a 100-gram plate of sushi is 200 yen, and the absolute price of a liter of saki is 100 yen. What is the relative price of saki in terms of sushi?
a. 100 grams per liter. b. 200 grams per liter. c. 50 grams per liter. d. 400 grams per liter.
Economics