Answer:
The amount of money the buyer deposits when they buy
Explanation:
Earnest money is the money a buyer pays to a seller which is usually like a deposit when they are purchasing a property to show how serious they are in purchasing the property.
When the seller gets the earnest money from the buyer, he is rest assured that the buyer is willing to purchase the property, so he gives him enough time to rally around to get the balance while he list the property off the sales market.
Without earnest money, most sellers are probably going to sell their properties to customer who brings money first.
Answer:
I would assume it is true
Explanation:
Answer:
the person may be nervous, causing the test to be invalid
The answer to this question is the last item in the choices which is "decrease consumer surplus". Thus, we have it like along a given downward-sloping demand curve, an increase in the price of a good will also result to decrease consumer surplus. Also, when decrease consumer surplus is happening it will effect also to increase producer surplus.
