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Pani-rosa [81]
3 years ago
12

The jones' have always admired a house that sits on the top of a hill owned by the smiths. martin is a mutual friend of both the

jones and the smiths. one day, martin mentions to the smiths how much the jones would love to buy the smith home. the smiths say that if they sell the house, they would be happy to sell it to the jones. martin relays this conversation to the jones and the jones immediately call the smiths to accept the smith's offer to sell. have smiths made an offer to sell their home to the jones?
Business
2 answers:
SOVA2 [1]3 years ago
6 0
<span>No, the Smiths’ have not made an offer to sell their home to the Jones’. The Smiths’ said that if they sell the house, they would be happy to sell to the Jones’. In the future, if the Smiths’ decide to sell, based on that comment, they would reach out the the Jones’ or their mutual friend Martin and see if they would like to make an offer on the home before releasing it out into the market. </span>
Archy [21]3 years ago
4 0

Base on the scenario above, The Smiths have not made an offer to sell their home to the jones because of the reason that they didn’t intend to make an offer because of the fact that they had stated that they are not even willing to sell the house and that they also didn’t include any selling price in regards of the conversation they had with Martin and that would likely mean that the offer lacks of specificity in which consider for the offer to fail.

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Suppose that real domestic output in an economy is 20 units, the quantity of inputs is 10, and the price of each input is $4. An
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Answer:

$2 per-unit cost of production

Explanation:

since 20 units are produced and 10 units of input are used so,

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3 years ago
Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the res
vladimir1956 [14]

Answer:

a) 12.23%

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c) 14th month payment interest = $157.33

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d)  18th month payment interest = $142.04

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Explanation:

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Loan amount after 1 year will be = 14000 * (1+r%)12

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r = periodic interest rate , t = number of payments

monthly loan payment = $14000*(1+r%)12 / [  (1/r)-[(1/r)*(1/ (1+r)36)] ]

hence r = 1.019%

a) nominal interest rate

=  1.019% *12 = 12.23%

b) effective interest rate

= (1+1.019%)^12 -1 = 12.94%

attached below is the Amortization schedule

c) 14th month payment interest = $157.33

    14th month principal =  $369.50

d) 18th month payment interest = $142.04

    18th month payment interest = $384.79

e) 22nd month payment interest = $126.12

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3 0
2 years ago
Which of the following is not true about the national income identity given by the equation: S +(T - G) = 1 + CA?
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Answer:

None of the options are False.

Explanation:

CA means Current Account Balance

T means Taxes

G means Government Spending

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I equals Investment

Cheers!

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6 0
2 years ago
Suppose the economy is currently in long-run equilibrium. The government has just decided to lower income taxes. The long-run im
MariettaO [177]

Answer:

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