An unlisted public organization, Chandler Co Ltd, claimed land which was esteemed at a $2 million recorded expense in its accounting report. The chiefs were exhorted that the land was worth in overabundance of $65 million. David, a generous investor in the organization, prompted the board that he proposed to make a takeover bid for the organization, offering $10 per share. The board accepted that considering the worth of the land, investors ought to be encouraged not to sell at that cost. In any case, they expected that since shares were exchanging at 75 pennies, investors would acknowledge the bid. The organization's monetary guide proposed that the organization ought to orchestrate an elective bid at a more exorbitant cost and that it ought to build up the land. The board concurred and a plan was proposed whereby the land would be offered to a completely claimed auxiliary of the organization, which would go into a joint endeavor with another organization, Crown Finance. The overseeing overseer of Chandler was associated with the arrangements with Crown and chose to make his own takeover bid, offering $12 per share. Crown consented to back his bid on great footing if the joint endeavor continued. He didn't reveal subtleties of the plan with Crown to the board, however chiefs suspected there was a mysterious course of action with Crown. At the gathering, which the overseeing chief didn't join in, the chiefs affirmed the joint endeavor conspire with Crown.

1. What are the lawful standards that oversee the proposed offer and issue of new offers? 2 imprints

2. What should the heads of Chandler Pty Ltd. do in settling on the quantity of offers to be given, the membership cost, and the personality of those to whom the offers ought to be advertised? 2 imprints

3. Exhort whether the chiefs have penetrated any of their necessary chiefs' obligations and if so whether they can depend on any protection? 2 imprints

4. Encourage David concerning any ramifications of his activities. 2 imprints

5. Could Chandler Co Ltd bring an activity against the overseeing chief in the event that you accept he is in break of his obligation?

At equilibrium in a perfectly competitive market: because the sum of consumer and producer surplus is minimized, allocation efficiency does not occur O the sum of consumer and producer surplus is minimized and allocation efficiency occurs O the sum of consumer and producer surplus is zero and allocation efficiency occurs O because the sum of consumer and producer surplus is zero, allocation efficiency does not occur O allocation efficiency is achieved because the sum of consumer and producer surplus is maximizedHolding all other things constant, when market prices increase O consumer surplus increases, while producer surplus decreases. both producer and consumer surplus increase. consumer surplus decreases, while producer surplus increases. O both consumer and producer surplus decrease.QUESTION 4 Imperfect markets O a. occur when the buyer or seller has an influence on the price. O b. can't occur if there are many buyers and many sellers. c. always result in demand exceeding supply. O d. always result in supply exceeding demand.QUESTION 24 In which case will total revenues decrease? Price increases and price elasticity of demand equals 0.15 Price increases and price elasticity of demand equals 3.45 Price goes up and the price elasticity of demand is unknown Price increases and price elasticity of demand equals 1 QUESTION 25 Other things equal, a decrease in the price of crayons will result in ain): decrease in the demand for crayons increase in the demand for crayons smaller quantity of crayons demanded larger quantity of crayons demanded QUESTION 26 Starting from a market clearing equilibrium, which of the following scenarios would result in a change in quantity demanded, cotens paribus? Can increase in household income a change in tastes and preferences in favor of the good an increase in the size of the adult population a decrease in supply4. Draw Figure for Comparative Static Result for a $500.00 increase in I. How would an economist describe the relationship between widgets and income? 5. Calculate the income elasticity of demand for widgets. Interpret your results. 6. Calculate the price elasticity of supply for widgets. Interpret your results