Congress passed the Consumer Protection Act (CPA), which prohibited abusive acts by telemarketers toward consumers. The CPA allows consumers to sue in state district court under the law. Jerry filed suit against Expressive Ads, Inc., a general telemarketing company, pursuant to the CPA in the federal district court of the North District of Texas. Expressive Ads, Inc. filed a motion for summary judgment alleging that the federal district court lacked jurisdiction because under the law, Jerry should have filed his lawsuit in state district court. If the court denies summary judgment, what is the best reason for its decision

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?

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)