E-mation entered into a contract with a consumer, ezra, a recent immigrant to the united states who spoke very little english and had no formal education. the contract provided for ezra to pay $2,500 for a computer system. the system was worth $400. if e-mation sued ezra for enforcement of the contract, what is the most likely result? a) the contract is enforceable because of the statute of frauds. b) the contract is enforceable because of the parol evidence rule. c) the contract is enforceable because of the underlying reference rule. d) the contract is unenforceable because it is unconscionable

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

Which phase describes the income effect

Central construction company (ccc) begins building a restaurant for diners' cafe corporation, but after two months demands an extra $100,000. diners' agrees to pay. if ccc offers, as a reason for the extra $100,000, that ordinary business expenses have increased, the agreement is