"Smart" Norman is mad at "Cheating" Steve because Steve copies from Norman's exam answers, routinely. One day in the hallway, after an exam, in which Steve had again copied from Norman's exam, Norman tells Steve he is going to let Steve have it, and he holds a fist to Steve's face, grimaces and walks away. Concerned, Steve decides he better take quick action. So, at the next class, he brings a ball bat to class. He hits Norman's chair breaking the leg. The chair collapses and Norman falls to the ground striking his head on the floor, causing a minor contusion. Steve pokes the bat into Norman's ribs, and says, "Next time, it hits your head." "Smart" Norman knows immediate action is needed.

"Smart" Norman tells his friend "Big" Tim about the incident. Big Tim says he will take care of "Cheating" Steve, if Norman agrees to help "Big" Tim get passing grades. Norman agrees, and "Big" Tim corners Steve in the bathroom one day, by standing in front of the exit door for 5 minutes and tells Steve he's not to touch Norman and quit his cheating ways. Concerned again, Steve talks to his friend Billy Bob, and agrees to help Billy Bob to become a good "cheater," if Billy Bob takes care of Norman and Tim. Billy Bob agrees.

Billy Bob goes to "Big" Tim's house, where "Smart" Norman is tutoring "Big" Tim on the front porch. Billy Bob pulls a shotgun on them and orders them into his car. He drives them to a 30 foot bridge and makes them jump off, telling them the next time he'll make sure they are not breathing when they jump. Norman and Tim survive and go to the police station to make a report.

Define the following Common law crimes: Assault , Battery, False Imprisonment, and Kidnapping. Discuss Norman's and Steve's, Tim's and Billy Bob's possible criminal liability or not, in light of "all" those crimes at common law.

Calculate opportunity cost Question If a family spends its entire budget in a given time frame, the family can afford either 14 outings or 24 household items. Assuming the family spends its entire budget on just these two things, what is the opportunity cost of one extra outing in the time frame? (Round your answer to two decimal places.)Production Possibility, scarcity, trade-offs and opportunity cost questions: CLOI 1. Use the below table to answer the following questions. (10 Marks) Production Alternative Types of Production Bulter 10 12 14 16 Guns 30 20 a. Draw a production possibilities curve for butter and guns using the data above.QUESTION 19 When resources are perfectly shiftable between the production of two goods, the PPF is a straight line going downwards and it reflects - Ca. Depends on the situation Ob. Constant Opportunity Cost Oe Increasing Opportunity Cost Od. Decreasing Opportunity Cost QUESTION 20 When people benefit from public goods and services but do not pay for that, it is called a. Monopoly Ob. Negative Externality c. Free Rider Problem Od. Moral HazardQUESTION 3 When resources are perfectly shiftable between the production of two different goods, then the PPF model will have a(n) Oa. No Opportunity Cost Ob. Increasing Opportunity Cost Oc. Decreasing Opportunity Cost d. Constant Opportunity Cost QUESTION 4 A manufacturing facility that produces shoes is classified under Oa. Financial Capital Ob. Land Oc. Economic Capital Od. Labor QUESTION 5 A company develops a new database program for itself that can be implemented by other firms and will improve their productivity. This is an example of a. Negative Externality O b. Positive Externality Oc Transfer Payments Od. Tax LoopholesQuestion 7 (10 points) Saved For 3 of the following, define and briefly describe the benefits and drawbacks of each approach: (1) command-and-control, (2) taxation, (3) tradable permits, and (4) moral suasion. command and control - taxation - tradable permits - moral suasion