Answer:
D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.
Explanation:
In contract law, an offer can always be taken back as long as the other party hasn't accepted it yet. In this case, Jack agreed to make an offer about the restaurant and he even included certain details that apparently were important (non-competition agreement), but since Hal and Sophia haven't accepted it yet, Jack can take it back without fear of any claim being made against him. All he has to do is communicate his decision of taking back his offer to either Hal or Sophia, or their agent (if there is one).
Answer:
The correct answer is letter "A": forward vertical integration.
Explanation:
Forward integration happens when a business takes over functions that were originally performed by its partners in the supply chain. Forward integration can be horizontal and vertical. Forward horizontal integration takes place when one company takes over another at the same level of the supply chain. In forward vertical integration, a firm takes charge of the businesses located farther down the supply chain.
Answer: A. incorrect because part of each payment is to principal and to interest. Therefore, only a portion of the payment goes to interest, so the full amount should not be included when computing the rate of interest paid.
Explanation:
When paying back a loan, there are two components to the periodic interest payment. The first component is the interest payment. This is the payment to compensate the borrower for loaning out the money and is based on the interest rate and the principal left to be repaid.
The second component goes towards repaying the principal of the loan which in this case is $10,000. When computing the periodic interest rate therefore, the entire amount paid per period should not be used as it would inflate the interest rate.
Answer:
Y = 300
government multiplier 2
output demanded increase by 20
If income tax is applied:
Y = 272.72
multipliers: 2.253775
increase 22.53775 billons
As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.
Explanation:
DI = Y - 100
C = 30 + 0.6(Y - 100)
C = 30 - 60 + 0.6Y
C = 0.6Y - 30
Y = C + G + I
Y = (0.6Y -30) + 120 + 30
Y = 120 / 0.4 = 300
C = (0.6)300 - 30 = 150
With C we solve for the multiplier:
150/300 = 0.5
1 / (1 - 0.5) = 2
10 x 2 = 20
If variable that:
C = 30 + 0.6 (0.75Y)
C = 30 + 0.45Y
Y = 0.45Y + 120 + 30
Y = 150/.55 = 272,72
C = 30 + 0.45Y = 152,72
Propensitivity to consume:
152.72/272.72 = 0,5563
multiplier:
1 (1 - PMC) = 2.253775073
10 nillon will icnrease x 2.25377 = 22.54 billons
The point estimate or p hat is a single value that shows the best estimation of a certain parameter among a population.
To calculate point estimate, we divide the parameter by the whole population.
In case of this problem:
p hat = 51/84 = 0.607
To get the percent, we multiply the output by 100:
% of point estimate = 0.607 x 100 = 60.7%
