Suppose That You Build a High-Speed, Magnetically Powered Transportation System

question 219

Multiple Choice

Suppose that you build a high-speed, magnetically powered transportation system from New York to Los Angeles.High fixed costs resulting from the enormous quantity of capital used in this system enable decreasing average cost for any conceivable level of demand.Your monopoly would result from:

• A) sunk costs.
• B) location.
• C) economies of scale.
• D) government restrictions.

Understand the significance of employment policy manuals or handbooks as forms of implied contracts.

Recognize the role of unconditional offers of reinstatement in employment disputes.

Comprehend the after-acquired evidence doctrine and its impact on employment claims.

Understand the concepts and legal definitions related to employment discrimination.

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Definitions:

Equality of Respect

The principle that all individuals deserve the same level of respect and consideration, regardless of their characteristics or status.

Presumption

An assumption that is taken for granted, often without conclusive evidence.

Jean-Jacques Rousseau

A Genevan philosopher, writer, and composer of the 18th century, known for his influential thoughts on education and social contract theory.

Thomas Hobbes

An English philosopher known for his work in political philosophy, notably "Leviathan," advocating for the social contract theory.