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Mariana [72]
3 years ago
9

Which of the following scenarios describes an offer?a.Raoul asks Wendy if she would be willing to sell her first-edition copy of

War and Peace.b.Wendy replies, "I couldn't possibly part with that book for less than a couple thousand dollars."
Business
1 answer:
storchak [24]3 years ago
6 0

Answer: A -Raoul asks Wendy if she would be willing to sell her first-edition copy of War and Peace.

Explanation: An offer is a legal term used in a contract. An offer is made by an intending buyer to an intending seller regarding a product or service.

The offer is a legal question that is asked by a willing buyer if the seller of the product would consider selling it or not.

An offer can be accepted or declined by the person being made the offer.

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If the supply curve and the demand curve for lettuce both shift to the left by an equal amount, what can we say about the result
Anna [14]

Answer:

d. The price will stay the same, but the quantity will increase.

Explanation:

When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.

6 0
3 years ago
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
Vlad1618 [11]

Answer:

c. 10.38%

Explanation:

Loan Amount = $10,000

Quarterly Interest payment = $250

Interest Payment for the year = $250 x 4

Interest Payment for the year = $1,000

Nominal interest rate = ($1,000 / $10,000) x 100 = 10%

Nominal interest rate = r = 10%

Number of periods = m = 4

Effective Interest rate = [ ( 1 + r/m )^m]-1

Effective Interest rate = [ ( 1 + 0.1/4 )^4] -

Effective Interest rate = [ ( 1 + 0.025 )^4] -1

Effective Interest rate = 10.38%

6 0
3 years ago
Enron and Tyco failed primarily because they______.
faltersainse [42]

The correct answer is D. manipulated accounting Procedures.

3 0
2 years ago
What factors are not important in determining exchange rate fluctuations in the long​ run?
Ratling [72]
<span>speculating in currency markets</span>
8 0
3 years ago
Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25
leonid [27]

Answer:

break even point in unit =5440 units

break even point in sales = $544000

total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit =  \frac{fixed\ cost}{contribution\ per\ unit}   ..................1

break even point in unit =  \frac{136000}{100*0.25}

break even point in unit =5440 units

so

break even point in sales =  \frac{fixed\ cost}{margin\ ratio}   ..................2

break even point in sales = \frac{136000}{0.25}

break even point in sales = $544000

and

total sales will be

total sale =  \frac{operating\ income+ fixed\ expense}{margin\ ratio}   ..................3

total sale =  \frac{34000+136000}{0.25}

total sale = $680000

3 0
3 years ago
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