Bob, a weak swimmer, ignored warning signs in a recreational swimming area and went into deep water. he soon grew tired and realized that he could not make it back to shore. seeing kelly, he cried out for . kelly, however, ignored the pleas. bob was finally saved by dorothy but suffered brain damage from being submerged during the ordeal. bob now sues kelly for negligence for failing to try to save him. a. bob will prevail because society places a duty on people to each other and kelly breached this duty, resulting in bob's suffering injury. b. bob will lose because as a threshold issue kelly had no legal duty to rescue him. c. bob will lose because bob will not be able to prove that kelly's act caused his injury. d. bob will lose because the amount of his damages are speculative. e. bob will lose because the accident was not foreseeable.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?