Don Was Standing in a Cafeteria Line Holding a Plate

question 15

Multiple Choice

Don was standing in a cafeteria line holding a plate.Tim was upset with Don.Tim turned Don around and grabbed the plate,jerking it out of Don's hand.Tim then held the plate up and threatened to break it over Don's head.Tim has committed:

• A)a battery,but not an assault.
• B)an assault,but not a battery.
• C)both an assault and a battery.
• D)neither an assault nor a battery.

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Definitions:

Profit-Maximizing

A strategy where a business aims to achieve the highest possible profit from its operations.

Loss-Minimizing

A strategy or approach that aims to reduce or minimize losses in various contexts, including business, investment, and economic activities.

Short-Run Equilibrium

A state in which the quantity supplied equals the quantity demanded within a market, but only for a temporary period due to fixed inputs in production.

Long-Run Equilibrium

A state in which all firms in a market or industry are making normal profits, with no incentives for entry or exit, and all factors of production are perfectly mobile.