Answer:
Yes
Explanation:
There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.
There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.
Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.
Movements of either the aggregate supply or aggregate demand curve in an AD/AS diagram will result in a different equilibrium output and price level.
Equilibrium is a state of a gadget wherein all forces performing at the machine are balanced. A device that is in equilibrium no longer alternates. The word has been used for exceptional standards from one-of-a-kind fields of taking a look at. Hydrostatic equilibrium applies to liquids. There are three distinctive forms of equilibrium. It's also categorized as strong, unstable, and impartial. A kingdom of rest or balance due to the identical motion of opposing forces. Same balance among any powers, influences, etc.; equality of impact. Mental or emotional balance; equanimity: The pressures of the situation prompted her to lose her equilibrium. In chemistry, equilibrium is the condition existing when a chemical reaction and its opposite response occur at the same costs. This noun is from Latin aequilībrium, from the prefix aequi- "same" plus lībra "a balance, scale."
Learn more about equilibrium here
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Answer:
Option (c) is correct.
Explanation:
Given that,
Sales = $ 2,000.00
Costs = 1,400.00
Depreciation = 250.00
EBIT = $ 350.00
Interest expense = 70.00
EBT = $280.00
Taxes (25%) = 112.00
Net income = $168.00
Net operating profit after taxes (NOPAT):
= EBIT × (1 - tax rate)
= $350 × (1 - 25%)
= $350 × 0.75
= $262.50
Therefore, the net operating profit after taxes (NOPAT) is $262.5.
Answer:
B) Entrepreneurship and knowledge
Explanation:
For Darnell, labor is readily available. The many locations where he can set up his business represents land. He is sure to get start-up funds, which is capital. Out of the four factors of production, he now needs entrepreneurship skills and knowledge.
Entrepreneurship is the art of creating a new business and managing it to profitability. It involves taking risks associated with pursuing a business opportunity. Darnell is the entrepreneur in this case. He has to coordinate all the other factors of production and make them work as a unit. He needs the knowledge to start and manage the business to make it successful.
