In James V

question 178

Multiple Choice

In James v.Bob Ross Buick,where James had been fired from a car dealership that then sent letters to customers under his name,James sued for invasion of privacy and the appeals court held that the company was at fault because:

• A)the company used an embarrassing picture of James
• B)the company misspelled James's name
• C)the company included details about James being fired in the letters
• D)the company sought commercial benefit from James's name
• E)the company failed to tell James they were using his name

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Definitions:

Pareto Optimal

A state of allocation of resources from which it is impossible to reallocate to make any individual or preference criterion better off without making at least one individual or preference criterion worse off.

Utility Functions

These are equations that quantify the happiness or satisfaction a consumer receives from consuming various goods and services.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up one good in exchange for an additional unit of another good, while keeping utility constant.

Wheat

A cereal grain, originally from the Levant region of the Near East but now cultivated worldwide, which is a staple food in many parts of the world.