Maria goes to Danny’s Sub Shop and buys a meatball sub. Maria takes a seat and, just before taking her first bite, notices that what looks to be a meatball covered in sauce is actually moving! It turns out to be a roach. Maria flings her sub to the floor and screams. Danny, fearing her public outcry, tells Maria, “I’ll give you whatever you want if you just stop screaming. You can have a hundred dollars now, plus free subs and chips for the next 10 months – you just need to stop screaming.” Maria stops screaming, and Danny says, “Thank you; we’ve got a deal.” Danny hands Maria five $20 bills, says, “I’ll write everything down,” and begins writing out the terms of their deal on a napkin. The terms on the napkin are: “Maria agrees to not sue Danny about today’s incident with the alleged roach. In return, Maria has received $100 and will get free subs for ten months from today’s date of June 30, 2021.” Maria and Danny both sign the napkin. A month later, Maria returns to Danny’s Sub Shop and orders a turkey sub and potato chips. Danny gives her the sub for free but charges her for the chips. Maria complains that the contract included free chips. Danny says he was just trying to calm her down when he said that, and that they “officially agreed” only to free subs. Should Danny provide Maria with free chips?
Category: Uncategorized
1.1.3 A market described by demand and supply curves, is i…
1.1.3 A market described by demand and supply curves, is in equilibrium …. (2)
1.3.3 Effectiveness of a product in satisfying wants. (1…
1.3.3 Effectiveness of a product in satisfying wants. (1)
1.1.5 To say that markets are guided by an “invisible hand…
1.1.5 To say that markets are guided by an “invisible hand” means that …. (2)
How are Gram-negative bacteria different from Gram-positive…
How are Gram-negative bacteria different from Gram-positive bacteria?
Identify the structure to which the arrow points.
Identify the structure to which the arrow points.
Describe the bacteria in the figure based upon stain results…
Describe the bacteria in the figure based upon stain results and morphology.
Which of the test tube contains a positive test for starch?…
Which of the test tube contains a positive test for starch?
In the short run, how will an increase in aggregate demand m…
In the short run, how will an increase in aggregate demand most likely affect the overall price level and real GDP?
Which of the following actions by the Federal Reserve would…
Which of the following actions by the Federal Reserve would have similar effects on the size of the U.S. money supply?