Which of the following statements is correct regarding validity of contracts?

Which statements about shareholders and stakeholders are CORRECT?

 (Select three answers.) 

Suppose a study comes out that finds that while running is the best way to improve your cardiovascular health, it is best for your foot and knee health to do so barefoot. At the same time, a surge in oil production sees the price of synthetic rubber drop.

Which of the following graphs reflects these impacts on the

market for running shoes?

Rachel is dying for some coffee. In which case would her demand likely be most inelastic?

You have

recently opened your own website design business. You charge your clients a

price of $300 per project and are considering hiring additional workers to

assist you in expanding your business.

1. How many workers should you hire? 

2. What is the maximum profit you can earn? Note: Please do not put symbols ($ or , ) in your numerical response.

$

Which of the following is NOT covered or a key part of the 13 privacy principles related to the Australian privacy law? 

Which of the following statements are NOT correct about Corporate Social Responsibility (CSR)? 

Choose two answers.  

Consider the market for fresh roses. 

Covid restrictions for weddings have been lifted, allowing for extravagant and elaborate festivities once again, and a fungus targeting rose bushes has destroyed 10% of the recent harvest.

These events will likely cause a/an

Relative to the original equilibrium, the new equilibrium price will be

Suppose

a coal mine causes contamination to the local aquifer, imposing $2 per

metric ton in healthcare costs on the nearby community. The mine generates $900,000

in revenue daily, but if it were producing the socially optimal quantity of coal and charging the same price of $100 per metric ton, it would bring in $180,000 less per day.

The Australian Consumer Law (‘ACL’) has provisions to protect consumers. 

Which of the following is NOT one of these ACL provisions?