Bragmore should lend his spare pair of goggles to his primary competitor Aprince and should play fair.
<u>Explanation:</u>
Winning is very important in a competition but more than winning what matters more is playing fair and playing hard to compete with your competitors where every one is given equal chances to show their strength and capabilities.
Even though not giving goggles to his primary competitor will increase the chance of Bragmore to win the race easily and he will win the cash prize but that would not be a fair fight. So he should fight giving equal opportunities to his competitor also and give his spare goggles to his competitor.
Answer:
A. Take $1 million now.
Explanation:
A. If we take $1 million now the present value of the money is $1 million.
B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;
$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728
$300,000 + $250,000 + $208,000+ $173,611 = $931,944
The present value of option B is less than present value of option A. We should select option A and take $1 million now.
<u>Answer:</u>
a. The price of comparable Florida orange juice decreases.
a-a This would shift left and affect demand.
b. One hundred new fruit juice processing plants open in California.
b-a This would shift Right and affect demand
c. The price of a bottle increases significantly due to new government anti-shatter regulations.
c-a This would shift left and affect Demand
d. Researchers discover a new fruit juice processing technology that reduces production costs.
d-a This would shift right and affect demand
e. The average age of consumers increases, and younger people drink less orange juice
e-a This would shift left and affect demand
<u>Explanation:</u>
A state of market where market supply is equal to market demand thus understood as "market equilibrium". The price of equilibrium is the price of a good or service, if its supply is equal to the market demand for it.
A reduction in demand will trigger the price of the equilibrium to fall; the amount delivered will decrease. An increase in supply, unmodified for all other things, will provoke the price of equilibrium to fall; the amount requested will increase. While declining supply will cause the price of the equilibrium to rise; the demanded quantity will decrease.
