Suppose that a black market for the medical drug arises, with pharmaceutical firms secretly selling the drug at higher prices. The legal price is $ nothing. The maximum quantity demanded for black market service is A. 102 thousand customers. B. 2 thousand customers. C. 4 thousand customers. D. 98 thousand customers. The maximum quantity supplied by black market providers is A. between 98 and 102 thousand customers. B. up to 2 thousand customers. C. up to 4 thousand customers. D. up to 98 thousand customers. The highest feasible black market price is $ nothing.

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.