RELATED QUESTIONS

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  1. The demand for personal computers can be characterized by the following point elasticities: price elasticity = 5, cross-price elasticity with software = 4, and income elasticity = 2.5. Indicate whether each of the following statements is true or false, and explain your answer. A. A price reduction for personal computers will increase both the number of units demanded and the total revenue of sellers. B. The cross-price elasticity indicates that a 5% reduction in the price of personal computers will cause a 20% increase in software demand. C. Demand for personal computers is price elastic and computers are cyclical normal goods. D. Falling software prices will increase revenues received by sellers of both computers and software. E. A 2% price reduction would be necessary to overcome the effects of a 1% decline in income.
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  Fort fabricators, Paris France entered into a contract with ABS Computer INC, is Texas U.S.A. The contract provides that Fort Fabricators deliver 1000 personal housings by November 1 to ABS Computer INC, for a total price of 50000 USD. On july 1 Fort fabricators emailed ABS computer that due to a rise in raw material they could not deliver the computer housings for less than 60000 USD, ABS computer inc replied it would insist on the original price in the contract. Fort fabricators did not reply further. From July 1 to October 1, ABS Computer inc could have purchased the substitute housings from other suppliers for 55000 USD. On November 1, ABS computer INC, bought the housings for 64000 for delivery on January 5, because of the delay until January 5; ABS computer Inc, suffered additional damages of 2000. What is the amount of damages the ABS computer INC was entitled to ? Explain
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  With milk why is it called an expiration date instead of a sell by date if milk doesn't expire on that exact date
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  Would you take climate change more seriously if the summit was held by teleconference instead of making everyone take a plane to get there?
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  Do you agree or disagree? A few days before the beginning of the World Cup (or Football Championship), a French journalist declared : “Football is the new opium of the people”. Do you agree or disagree? Give your reasons.
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  If a window is broken, is the economy enriched by the cost of its replacement?
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  You make a ton of money in stocks. What would you do if you found out that the investments were doing great harm to people and the enviornment?
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  Answered prayer is great don't you agree?
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  My girlfriend and I were happy together had a dog lived together and talked of marriage. My friend would always come over and hang with me, after a while him coming over turned into a everyday thing. Long story short, situations happend like me and my buddy hanging in the garage and him saying goodbye and then an hr later I go upstairs and he's sleeping on the floor next to the couch we're my girlfriend is sleeping. Other things like they had exchanged phone numbers without me knowing. I asked them both if anything was goin on I felt like an idiot when they both said no. Time passed then more stuff like I pulled into the grocery mart parking lot and there sitting there talking . I ended up asking my girlfriend and my friend a ton of times if what I was feeling like they were hooking up was real No no no your insane and insecure. Ok my girlfriend ended up leaving me because of all this she told me that they never talked at all. We're broken up now and my friend still comes around but he dosnt seem like a real friend he says I would never do that, and then bragged to me the other day about how he hooked up with a chick who has a boyfriend.
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