Are There Any Steps Fran Should Take in Small Claims

question 47

Multiple Choice

Are there any steps Fran should take in small claims court,or before she goes,regarding the customer who ordered the plain T-shirts?

• A) No, because once the parties are in court, positions of the parties are frozen.
• B) No, because once the parties are in court, only the judge can add evidence.
• C) Yes, she should attempt to get the customer to admit to the judge that he ordered the T-shirts.
• D) Yes, she should dismiss the case before she is charged with sanctions.
• E) Yes, she should dismiss the case before she is charged with the other party's attorney fees.

Distinguish between general equilibrium and partial equilibrium analysis.

Recognize the implications of market changes on industry equilibrium, including entry and exit of firms.

Understand the relationship between market stability, efficiency, and equity.

Understand the concept of Pareto efficiency and its application to voluntary exchanges.

---

Definitions:

Sugary Junk Foods

Highly processed foods that are high in sugar and low in nutritional value, often leading to health issues.

Carbohydrates

Organic compounds consisting of carbon, hydrogen, and oxygen, which serve as a major energy source in the diet of animals, including humans.

Serotonin

A neurotransmitter involved in the regulation of mood, appetite, and sleep, among other physiological processes, often associated with feelings of well-being and happiness.

Higher-fat Diet

A diet that contains a higher proportion of fat in comparison to carbohydrates and proteins, sometimes utilized for specific health conditions or dietary preferences.