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PIT_PIT [208]
1 year ago
10

bastion borrows money from federico to purchase a car. federico has bastion sign a piece of paper indicating his agreement to pa

y the amount owing to federico for the loan. this would be considered a
Business
1 answer:
sladkih [1.3K]1 year ago
5 0

Bastion borrows​  from Federico to purchase a car. Federico has Bastion sign a piece of paper indicating his agreement to pay the amount owing to federico for the loan. This would be considered a promissory note.

<h3>What is the purpose of a promissory note?</h3>

A promissory note, whether between companies or between individuals, is a convenient way to clearly document a loan and have all the terms and conditions involved in writing so that there is no doubt as to the amount borrowed and the due date.

<h3>Promissory note:</h3>

A promissory note, sometimes called a promissory note, is an agreement by one party to pay the other party a specified amount at a fixed or determinable time in the future or at the request of the payee. A legal document that provides a written promise to under special conditions

Learn more about promissory note:

brainly.com/question/27132271

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Charles Zimmerman owns an acre of swampy land just off the interstate. He would like to pave the surface and build a gas station
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B. legal and regulatory requirements

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A severe freeze has damaged the Florida orange crop. The impact on the market for orange juice will be a leftward shift of
EastWind [94]

Group of answer choices.

A. the supply curve, resulting in a lower equilibrium price.

B. the supply curve, resulting in a higher equilibrium price.

C. the demand curve, as consumers try to economize because of the shortage.

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Answer:

B. the supply curve, resulting in a higher equilibrium price.

Explanation:

In this scenario, a severe freeze has damaged the Florida orange crop. Thus, the impact on the market for orange juice will be a leftward shift of the supply curve, resulting in a higher equilibrium price.

An equilibrium price can be defined as the price at which the quantity of goods demanded is equal to the quantity of goods supplied.

Additionally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.

7 0
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A consumer downloads 4 movies and 3 apps per week. Suppose the price is $4 per movie and $4 per app, and the marginal utility th
maks197457 [2]

Marginal utility will be calculated for movies by: 14/(4*4) which would mean 0.875 utils per dollar per movie. Whereas, for apps, it would be: 8/(3*4) which would mean utils per dollar per app to be 0.667. Hence, movies tend to carry higher utility.

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3 years ago
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
IrinaVladis [17]

Answer:

(B) 40%

Explanation:

↓Q / ΔPrice = Price-elasicity

The price elasticity is the relationship between a change in price with the quantity demanded of a certain good assuming, other factor remains constant.

ΔPrice  = (P0 - P1)/((P0 + P1)/2) = (2 - 6)/((2+6)/2) = 4/4 = 1

We know that price elasticity is 0.4

Now we can solve for the change in the quantity demanded:

↓Q/ 1 = 0.4

↓Q = 0.4 x 1 = 0.40 = 40%

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3 years ago
Situation analysis is an ongoing process, referred to as __________.
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