Suppose the marginal benefit of writing a contract is $60, independent of its length. find the optimal contract length when the marginal cost of writing a contract of length l is: instruction: enter your responses rounded to two decimal places. a. mc(l) = 25 + 3l. b. mc(l) = 45 + 3l. c. what happens to the optimal contract length when the marginal cost of writing a contract declines?

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Double corporation acquired all of the common stock of simple company for

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)