If the price charged for a bolt is p cents, then x thousand bolts will be sold in a certain hardware store, where p = 82 - x 26 . How many bolts must be sold to maximize revenue?
Answers
2000 bolts must be sold to maximize revenue.
The revenue, R, for selling x thousand bolts can be expressed as:
R = p * x
where p is the price charged for a bolt in cents and x is the number of bolts sold in thousands.
Substituting the given expression for p in terms of x:
R = (82 - 26x) * x
On Simplifying:
R = 82x - 26x^2
To maximize revenue, we need to find the value of x that maximizes R. To do this, we can take the derivative of R with respect to x, set it equal to zero, and solve for x:
dR/dx = 82 - 52x = 0
Solving for x:
52x = 82
x = 1.58
Since x represents the number of thousands of bolts sold, we must round up to the nearest integer:
x = 2
Therefore, 2000 bolts must be sold to maximize revenue.
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Related Questions
Which situation most directly illustrates a possible outcome of a fiscal
policy?
A. New environmental regulations make drinking water in a city safer.
B. The government decides it is time to print a great deal of new
money
O C. Struggling farmers receive less assistance from the government.
O D. A company decides to expand its operations into several new
states
Answers
Answer:
C
Explanation:
The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.
There are two types of Fiscal Policy that are Expansionary and Contractionary.
Expansionary fiscal policy:
deals with an increase in spending and/ or relaxing in taxation by the government so that consumers in the economy get more money.Contractionary policy:
deals with reducing spending and/ or increasing taxation.In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.
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Refer to Exhibit 3-3. A movement from point W to point Z would have been the result of
a reduction in the price of good Y.
an increase in the number of buyers in the area where good Y is being sold.
a decrease in business taxes paid by the producers of good Y.
a decrease in the number of buyers in the area where good Y is being sold.
an increase in the price of good Y.
Answers
A movement from point W to point Z would have been the result of an increase in the price of good Y.
The amount paid or the amount of compensation that one party gives to the other in exchange for goods or services is called the price. Manufacturing costs can go by many names depending on the circumstances. If the item is a "commodity" in a commerce transaction, the price of the item will likely be referred to as the "price" of the item.
However, there would be other potential names for this product's name if it were a "service". For example, the chart below illustrates a few examples. The cost of production, availability of desired goods, and consumer demand all affect the price of a good. A monopolist can set a price or the market can impose it on the firm.
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which of the following would shift the labor supply curve? demand increases for the output produced by workers. the government increases its provision of childcare services. technological advancement increases worker productivity. there is more effective management at companies.
Answers
The shift in the labor supply curve comes when D. The government increases its provision of childcare services.
What is a labor supply curve?The labor supply curve illustrates the number of hours that workers would be willing to put in at various pay rates. In general, employees will be willing to work greater hours the better their pay is. The labor supply curve moves to the right as the labor supply grows. It will move to the left if it declines.
There are various factors that cause the labor supply curve to shift left or right:
Preferences & incomePopulationPrices of goods and servicesExpectationsTo learn more about labor supply curve visit:
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___ requrements are courses that build knowledge and skills in a specific field.
A. major
B. general studies
C. specialization
D. elective
Answers
D. elective requrement are courses that build knowledge and skills in a specific field
which companies/organizations advertised commercials during this year’s super bowl? will they experience a benefit from this promotion?
Answers
Super Bowl 2023 commercials companies were: Amazon · In-house ; Amazon Prime, Astellas, Saatchi & Saatchi ; Avocados, etc.
What is the super bowl?Companies and organizations that advertise during the Super Bowl often experience significant benefits from the promotion.
Therefore, the Super Bowl is one of the most-watched television events of the year, with a massive audience that spans across the globe. Advertising during the Super Bowl provides a platform for companies to reach a massive audience and potentially increase brand awareness and sales. Many companies spend millions of dollars on their Super Bowl commercials, but they may also see a significant return on investment if their ad resonates with the audience and leads to increased sales.
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What is your favorite starbucks drink? Tell me what size, how many pumps of syrup you get, how many scoops of inclusions you get. (If you dont get anything added to your drink then just tell me the size you get and the drink name.) Tell me all the details. ❤
Answers
Which company exhibited more favorable receivables management, as measured by average collection period, in 2020, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2020? The average collection period for the retail industry sector is 4.0 in 2020 and 5.1 in 2021. Which company exhibited more favorable receivables management, as measured by average collection period, in 2021, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2021?
Answers
We cannot calculate the average collection period for either Big Store or Discount Goods in 2021. All we know is that the industry average for 2021 was 5.1.
The formula for calculating the average collection period is:
Average Collection Period = Accounts Receivable / Average Daily Sales
In order to answer this question, we need data for Accounts Receivable and Average Daily Sales. Unfortunately, the question does not provide us with this data. Therefore, we cannot calculate the average collection period for either Big Store or Discount Goods in 2020. We can only compare the average collection period of each company to the industry average, which was 4.0 in 2020.
We can't say for certain without additional data. All we know is that the average collection period for the retail industry sector was 4.0 in 2020 and there is no way to compare the companies to this number. The average collection period for the retail industry sector is 4.0 in 2020 and 5.1 in 2021.
Therefore, we cannot compare either company to this number or determine which exhibited more favorable receivables management in 2021.
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perform a left join with suppliers on the left and products on the right. how many records show for plastic people inc.?
Answers
Performing a left join with suppliers on the left and products on the right will give us a result set that includes all of the records from the suppliers table and only the matching records from the products table. The plastic people inc. is a supplier, so we can assume that there are matching records for this supplier in the products table.
To determine how many records show for plastic people inc., we would need to look at the result set that is generated by the left join. Without knowing the specific details of the tables, it is difficult to say exactly how many records would be returned for this supplier. However, we can assume that the result set would include all of the products that are associated with plastic people inc. as well as any additional information from the suppliers table.
In general, a left join will return all of the records from the left table and any matching records from the right table. If there are no matching records in the right table, then the result set will include null values for those fields. The number of records that are returned will depend on the size of the tables and the specific join conditions that are used.
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The most productive way to find a job lead is to
a. find advertisements on the Internet
b. network
c. find advertisements in the newspaper
d. read brochures from professional organizations
Please select the best answer from the choices provided
A
В
C
D
Answers
Answer:
B. Network
Explanation:
took quiz on edge
Answer:
B
Explanation:
refer to the accompanying normal-form game of price competition. what is(are) the nash equilibrium(equilibria) strategy(ies) for this game?
Answers
There is a coordination issue whenever there are several Nash equilibria.Coordination is a phrase used today to denote the directed productive concatenation of components or activities within a firm.
A pure-strategy Nash equilibrium is an action profile with the property that no single player i can obtain a higher payoff by choosing an action different from ai, given every other player j adheres to.For example, a game involves two players, each of whom could choose two available actions, which are X and Y. If the players choose different actions, they each get a payoff of 0. If they both choose X, they each get 2, and if they both choose Y, they each get 1. The action profile (Y, Y) is an equilibrium, since if any one player chooses X, it would result in a lower payoff for the player. Similarly, the action profile (X, X) is also an equilibrium.
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TRUE / FALSE. a food and beverage company like pepsi would most likely use process costing.
Answers
True. A food and beverage company like Pepsi would most likely use process costing. Process costing is an accounting method used by businesses that produce large quantities of identical products
A food and beverage company like Pepsi would most likely use process costing. This method is particularly suitable for the beverage industry, where companies like Pepsi manufacture large volumes of standardized beverages. This means that the production cost of each unit is relatively low and the cost of production is spread over all units produced.
Process costing allows the company to determine the cost per unit by dividing the total cost of production by the total number of units produced. This method of costing is efficient and effective for companies that produce a large number of identical products through a continuous process. By using process costing, Pepsi can efficiently track and allocate production costs, ensuring accurate product pricing and informed financial decision-making.
In conclusion, process costing is a costing method that is used in industries where a large number of identical products are produced through a continuous production process. Therefore, it is most likely that a company like Pepsi would use process costing to determine the cost of their beverage products.
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the theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product life cycle laissez faire strategic trade absolute advantage
Answers
The strategic trade theory advocates government mediation profoundly capital-serious, high passage obstruction businesses in which homegrown firms might have minimal possibility without government assistance. option (C) is correct.
Strategic trade is the control of the product, import, global travel, and parcel of specific wares to specific beneficiaries or for guaranteed end-utilizes/end-clients and in specific conditions.
Strategic trade policy (STP) is an administration strategy that endeavors to move overabundance benefits in oligopolistic global business sectors toward the nation of origin firms. For instance, a Chief at the same time seeking a specific degree of productivity and piece of the pie expansions in new developing markets.
Therefore, option (C) is correct.
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This question is not complete, Here I am attaching the complete question:
The theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product (A) life cycle
(B) laissez faire
(C) strategic trade
(D) absolute advantage
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
a custom home containing 4,320 square feet was recently constructed on a $145,000 lot. construction costs were $80.25 per square foot, and other fees and costs totaled $12,785. what was the total cost of the property?
Answers
The total cost of the property is $504465.
How is a property's worth determined?To arrive at the assessed value, an assessor considers data on your property and community while contrasting it with other properties nearby. The appraiser employs the market approach, a technique for determining value based on the prices at which comparable homes have recently sold. According to the cost technique, the value of the property is determined by adding the land cost to the total building expenses, minus depreciation. Compared to other approaches, it produces the most accurate market value when a property is brand new.
Total cost = (4320*80.25)+145000+12785
Total cost= $504465.
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All else constant, what would baldwin’s sg&a/sales ratio be if the company had spent an additional $1,500,000 for bolt’s promotional budget and $750,000 for bolt’s sales budget?
Answers
Baldwin's SG&A/ Sales ratio after spending an additional $1,500,000 for Bolt's promotional budget and $750,000 for Bolt's sales budget would be approximately 14.2%.
To find Baldwin's SG&A/Sales ratio after spending an additional amount on Bolt's promotional and sales budget, we need to consider the new SG&A expenses and the original sales amount.
Given data: - Baldwin's current SG&A expenses = $8,414 (from the Income Statement)
- Bolt's promotional budget = $1,500,000
- Bolt's sales budget = $750,000
- Baldwin's current sales (Sales_original) = $158,536 (from the Income Statement)
We need to calculate the new SG&A expenses (SG&A_new) after including Bolt's expenses:
SG&A_new = SG&A_original + Bolt's promotional budget + Bolt's sales budget
SG&A_new = $8,414 + $1,500,000 + $750,000
SG&A_new = $2,258,414
Now, we can calculate the new SG&A to Sales ratio (SG&A/Sales_new) using the new SG&A expenses and the original sales amount:
SG&A/Sales_new = SG&A_new / Sales_original
SG&A/Sales_new = $2,258,414 / $158,536
SG&A/Sales_new ≈ 14.2%
So, Baldwin's SG&A/Sales ratio after spending an additional $1,500,000 for Bolt's promotional budget and $750,000 for Bolt's sales budget would be approximately 14.2%.
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What are some of the challenges the federal and state governments face in trying to implement a fair tax system?
Give at least three concrete facts to support your answer. (please don't copy other answers)
Answers
Answer:
taxation should follow the four principles of fairness, certainty, convenience and efficiency. Fairness, in that taxation should be compatible with taxpayers' conditions, including their ability to pay in line with personal and family needs.Tax administration must be free of corruption and able to address all the challenges that come its way. These challenges may involve tax collection, management of taxes and duties at borders, introduction of an effective Value Added Tax or sales tax, and administration of developing law. The primary purpose of a tax is to raise revenue for governmental activities, rather than to influence business and personal decisions. Economic growth and efficiency The tax system should not unduly impede or reduce the productive capacity of the economy.
To be more efficient in formatting tasks, it is important to follow best practices when designing type. Which scenarios
show the applications of best practices when designing type? Check all that apply.
Joe uses an 8-point font.
Angelo uses one type of font in his document.
Jeremiah underlines words for emphasis.
Akilah indents and adds space between her paragraphs.i
Amy uses the hyphenation feature in her justified paragraphs.
Answers
Answer:
2 and 5
Explanation:
Scenarios that show the applications of best practices when designing type is
Angelo uses one type of font in his document.Amy uses the hyphenation feature in her justified paragraphs.Thus the correct option is B and E.
What is formatting?Document formatting describes the way a document is set up. It involves requirements on how a document should look. Formatting makes documentation appear professional and appealing.
While making any document it is required to choose one type of font which makes it a structured and systematic manner. various styles of font may distract the focus of the reader while taking look at the document.
Use of the hyphenation feature in her justified paragraphs to make it more clear and more structured to achieve a more uniform line length, Word's hyphenation feature enables the insertion of line breaks and hyphens within words.
Therefore, options B and E are the appropriate answer.
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Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can be self-employed. Which careers have the highest and lowest self-employment rates?
Insurance sales has the highest rates, and tax preparation has the lowest rates.
Personal financial advising has the highest rates, and investment fund management has the lowest rates.
Investment fund management has the highest rates, and insurance sales has the lowest rates.
Tax preparation has the highest rates, and personal financial advising has the lowest rates.
Answers
Answer:
Its B got it right on the test
Explanation:
The careers that have the highest and lowest employment rates are the personal financial advising a the has the investment fund management. Hence the option B is correct.
Want is an insurance sale?An insurance sale is a type of sale that is done by the salesman who is an employee of the insurance company and his job is to advise to sell the insurance policies and thus is responsible for the point of financial advisory. It is thus necessary to rely on the advice of the salesman.
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what does it mean to provide customer service? PLEASE HELP
Answers
Answer:
Providing excellent customer service means going the extra mile in making sure a customer is happy and satisfied with a company's products or services. It also involves providing service to a customer in a timely, pleasant manner.
The representative of the bond holders who monitors compliance with the bond indenture is called the?
Answers
The representative of the bond holders who monitors compliance with the bond indenture is called the trustee. The trustee acts as a fiduciary for the bondholders, ensuring that the issuer of the bond complies with the terms and conditions stated in the bond indenture.
Here's a step-by-step explanation of how the trustee functions:
1. Appointment: The trustee is usually appointed by the issuer of the bond during the issuance process. The trustee can be a bank, trust company, or other financial institution.
2. Duties and Responsibilities: The trustee's primary role is to safeguard the interests of the bondholders. They monitor and enforce compliance with the bond indenture, which is a legal agreement that outlines the terms of the bond issuance.
3. Monitoring Compliance: The trustee reviews the issuer's activities to ensure they are in accordance with the bond indenture. This includes verifying that interest payments are made on time, principal is repaid as agreed, and any restrictive covenants are followed.
4. Reporting: The trustee provides periodic reports to bondholders regarding the issuer's compliance with the bond indenture. These reports help bondholders assess the issuer's financial health and performance.
5. Default Management: In the event of a default by the issuer, the trustee plays a crucial role. They represent the bondholders' interests and take appropriate actions to protect their rights, which may include pursuing legal remedies.
The trustee acts as a guardian for the bondholders, ensuring that their investment is protected and that the issuer meets its obligations. It is important to note that the trustee's responsibilities and powers can vary depending on the specific terms outlined in the bond indenture.
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crossfade corp. has a bond with a par value of $2000 that sells for $2017.64. the bond has a coupon rate of 6.63 percent and matures in 17 years. if the bond makes semiannual coupon payments, what is the ytm of the bond? group of answer choices 6.22% 6.54% 4.91% 3.27% 5.89%
Answers
Using the trial and error or financial calculator, using the present value formula to find that the closest answer choice is 6.54%. Therefore, the correct answer is 6.54%.
To calculate the yield to maturity (YTM) of the bond, we need to use the present value formula and solve for the interest rate that makes the present value of the bond's cash flows equal to its current market price.
Given:
The par value of the bond = $2000
The current market price of the bond = $2017.64
The coupon rate of the bond = 6.63% (or 0.0663 as a decimal)
Time to maturity = 17 years
Semiannual coupon payments
Let's calculate the present value of the bond's cash flows:
Coupon payments: The bond makes semiannual coupon payments, so there will be a total of 17 x 2 = 34 coupon payments.
Coupon payment = (Coupon rate x Par value) / 2
= (0.0663 x $2000) / 2
= $66.30
Using the present value of an annuity formula, we can calculate the present value of the 34 coupon payments, assuming a semiannual discount rate:
PV of coupon payments = $66.30 x [1 - (1 + r)^-34] / r, where r is the semiannual discount rate.
Maturity value: The maturity value of the bond is equal to the par value, which is $2000.
Using the present value formula, we can calculate the present value of the maturity value, assuming a discount rate of r for 17 years:
PV of maturity value = $2000 / (1 + r)^34
Now, we can set up the equation for the present value of the bond's cash flows equal to its current market price:
$2017.64 = PV of coupon payments + PV of maturity value
Solving for r (the semiannual discount rate or yield to maturity), we can use trial and error or a financial calculator to find that the closest answer choice is 6.54%. Therefore, the correct answer is 6.54%.
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Cash $1,300,000 accounts payable $1,560,000 sales $26,000,000 accounts receivable 2,600,000 accruals 520,000 cost of goods sold 15,600,000 inventory 3,900,000 notes payable 2,080,000 gross profit 10,400,000 current assets 7,800,000 current liabilities 4,160,000 operating expenses 6,500,000 long-term debt 4,420,000 ebit 3,900,000 total liabilities 8,580,000 interest expense 780,000 common stock 1,755,000 ebt 3,120,000 net fixed assets 7,800,000 retained earnings 5,265,000 taxes 780,000 total equity 7,020,000 net income $2,340,000 total assets $15,600,000 total debt and equity $15,600,000 if i remember correctly, the dupont equation breaks down our roe into three component ratios: the , the total asset turnover ratio, and the
Answers
The return on equity (ROE) for this company is calculated to be 33.3%. indicating that the company is generating a high return on the investment made by its shareholders.
The financial leverage ratio acn be calculated using the DuPont equation formula is:
ROE = (Net Profit Margin) x (Total Asset Turnover) x (Financial Leverage Ratio)
where:
Net Profit Margin = Net Income / Sales
Total Asset Turnover = Sales / Total Assets
Financial Leverage Ratio = Total Assets / Total Equity
Using the given financial data, we can calculate the three components of the DuPont equation as follows:
Net Profit Margin = Net Income / Sales = $2,340,000 / $26,000,000 = 0.09 or 9%
Total Asset Turnover = Sales / Total Assets = $26,000,000 / $15,600,000 = 1.67
Financial Leverage Ratio = Total Assets / Total Equity = $15,600,000 / $7,020,000 = 2.22
Plugging these values into the DuPont equation formula, we get:
ROE = (Net Profit Margin) x (Total Asset Turnover) x (Financial Leverage Ratio)
= 0.09 x 1.67 x 2.22
= 0.333 or 33.3%
Therefore, the ROE of the company is found to be 33.3%, which suggests that the company is efficiently using the funds provided by its shareholders to generate profits. This high ROE indicates that the company is performing well and is capable of generating substantial returns for its shareholders.
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Which of the following dose not apply to field
Answers
Answer:
there are no options there ....
hope you may add the options
How did worker dependence on employer differ in the factory system when compared to the domestic system?
In the factory system, workers manufactured entire items.
In the domestic system, workers had multiple sources of sustenance.
In the domestic system, workers relied entirely on employer for income.
In the factory system, workers had multiple sources of sustenance
Answers
In the factory system, worker dependence on the employer differed from that in the domestic system as follows: In the factory system, workers had multiple sources of sustenance.
The factory system refers to the system in which the workers produced entire goods or items on a large scale in a centralized location, under the supervision of a supervisor or a manager. In this system, workers were paid salaries in exchange for their labor, and they had several sources of sustenance. For example, they could engage in farming, work part-time in other factories, or even start their own businesses, besides their factory jobs .In the domestic system, workers relied entirely on the employer for income. The domestic system was a pre-industrialization system in which goods were manufactured in homes or small-scale units using simple tools and equipment. This system was characterized by self-sufficiency, and workers relied entirely on the employer for income since their only source of sustenance was their job. They were paid low wages that barely covered their basic needs, and they lacked the skills and capital to engage in other activities. Therefore, they were entirely dependent on their employer for income.
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T/F the b2b buying process tends to be more formal than b2c buying.
Answers
TRUE - The B2B (business-to-business) purchasing procedure is typically more formal than the B2C (business-to-consumer) purchasing process.
Because businesses have more sophisticated needs for products and services and higher financial stakes at stake, the phrase "The b2b buying procedure tends to be more formalized than b2c buying" is accurate.
B2B buyers must take into account a number of variables, including quality, price, delivery dates, and any added services the supplier might provide. They must make sure the supplier can fulfill the company's unique requirements and that the deal benefits the business. There may be a lot of paperwork, research, and negotiating involved with this.
B2B buyers must also be aware of the contractual and legal ramifications of the acquisition and ensure that all parties are informed of the details.
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what is the importance of opportunity cost to the governmentk
Answers
Answer:
Opportunity cost is important to economic agents, such as consumers, producers and governments. For example, producers might have to choose between hiring extra staff and investing in a new machine. The government might have to choose between spending more on the NHS and spending more on education.
f a company is to respond successfully to change, it must be able to _____ and _____, which is known as the _____ approach.
Answers
Answer: create ideas; implement ideas; ambidextrous
Explanation:
If a company is to respond successfully to change, it must be able to create ideas and then implement the ideas that have been created which is known as the ambidextrous approach.
The constant thing in every sphere of life is change and every individual and firm should always be ready when the change comes.
management writers recommend that an organization should define its business in terms of its:
technology.number of employees.product mix.geographical.customer needs
Answers
An organization should define its business in terms of its customer needs. Option d is correct choice.
This means understanding the needs, desires, and preferences of its target customers, and creating products and services that meet those needs in a way that is superior to the competition. By focusing on customer needs, organizations can differentiate themselves in the marketplace and build customer loyalty, which can lead to long-term success.
While technology, number of employees, product mix, and geographical location are all important factors to consider, ultimately it is the customer who determines the success or failure of a business. Option d is correct choice.
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write the key points about a teacher's role
can someone pls help me??
Answers
What do most states use as a general guideline for punitive damages?
A.Four times the amount of special damages
B.One half of the amount paid for proven damages
C.Ten times the amount of special damages
D.An amount equal to special damages
Answers
Answer:
four times
Explanation:
just answered
Answer:
A. Four times the amount of special damages
Explanation: