Jerry has the following assets: a house with equity of $15,000, a car with equity of $2,500, and household goods worth $6,000 (no single item over $400). He also has tools worth $5,800 that he needs for his business. Using the federal list, the total amount of exemptions that Jerry would be allowed is $_.00.
Using the state list, the total amount of exemptions that Jerry would be allowed is $_.00.
The _ list will be more favorable for him.

Assume the current federal bankruptcy exemptions are listed at the left, and the state exemptions are listed at the right. The debtor may use the exemption table that best benefits him or her. For the two circumstances described below, compute the exemption amounts and decide which will be better for the debtor—the federal list or the state list.

(use image for reference)

"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africa’s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since there’s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource