Use the Following to Answer Question 328

question 196

Multiple Choice

Use the following to answer question 328:
Figure: The Monopolist IV
-(Figure: The Monopolist IV) Use Figure: The Monopolist IV.Assume this monopolist has no fixed costs.If this monopolist profit-maximizes,it will produce _____ units and charge a price equal to _____.Its profit will be _____,its consumer surplus will be _____,and the deadweight loss is _____.

• A) 50;$30;$1 200;$600;$100
• B) 35;$65;$1 225;$612.50;$612.50
• C) 100;$65;$1 500;$615.50;$1 000
• D) 70;$35;$1 225;$615.50;$615.50

Identify requirements for agency by ratification and the efficacy of ratification.

Evaluate scenarios to determine liability in agency contexts.

Understand the doctrine of respondeat superior and its applicability.

Grasp why agency is critical for modern business operations, especially in international contexts.

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