Apastry chef baked and delivered 200 pies for $3,000 to a caterer. upon delivery, the caterer, finding that many of the pies were burnt on the bottom, informed the pastry chef that this problem rendered the original contract price of $3,000 unreasonable and that the caterer refused to pay that amount. the caterer then mailed a check to the pastry chef for $1,500 and a note stating that the check was full payment for the 200 pies. this amount constituted a reasonable amount given the condition of the pies. the pastry chef immediately cashed the check. four months later, the pastry chef filed suit against the caterer for breach of contract for $1,500. will the pastry chef succeed?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real