Luke is playing a video game on a defective disk that melts in his game player, starting a fire that injures his hands. luke files a suit against mystic maze, inc., the game's maker under the doctrine off strict liability. a significant application of this doctrine is in the area of

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a