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Author Question: One million automobiles have a defect that could cause the car to explode; however, only one of ... (Read 67 times)

misspop

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on: Jul 1, 2018
One million automobiles have a defect that could cause the car to explode; however, only one of those cars will actually explode. Nobody knows which one car it is. When the car does explode, the victim's family will sue the automaker for 1 million and win. The defect costs 2 per car to repair. What does economics predict about the automaker's decision to repair the defect?
 
  What will be an ideal response?

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Microeconomics can be used by governments to predict the impacts of a policy and suggest solutions to problems.
 
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Microeconomics ¦ Perloff ¦ 8th Edition
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ecabral0

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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misspop

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Reply #2 on: Jul 1, 2018
Thank you :)


ecabral0

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Reply #3 on: Jul 1, 2018
Happy to help you


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