Fact Pattern 9-3

question 9

Multiple Choice

Fact Pattern 9-3
Dex and Carmen are in an auto accident. Dex offers Carmen $2,000 if she promises not to pursue her potential legal claim against Dex. Carmen agrees. Later, Carmen discovers that it will cost $1,500 to repair her car and $4,000 to cover the medical expenses for a latent injury.


-Refer to Fact Pattern 9-3.In Carmen's suit against Dex to recover her repair and medical expenses,Carmen will most likely recover

• A)half the amount to pay the costs over what Dex already paid Carmen.
• B)nothing.
• C)the estimated amount to pay those costs and any other liability.
• D)the exact amount to pay those costs and no more.

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Definitions:

Good Y

A placeholder term often used in economics to denote a specific good or product under consideration in a model or theory.

Food Stamps

A government assistance program providing electronic benefits to low-income individuals and families for the purchase of food.

Weekly Income

The total amount of money earned or received by an individual or household within the span of a week.

Price Of Food

The financial cost or value assigned to food items, influenced by factors such as production costs, supply, and demand.