Thr bond's issuer also agrees to repay you the original sum loaned at the bonds maturity date. This is the date on which the principal amount of bond is to be paid in full. A bonds maturity usually set when it is issued. Bonds often are referred to asbeing short, medium, or long term
Answer:
b. the price was below the prices of comparable services.
Explanation:
In a market there are number of people providing the same services. Accordingly a fair rate for any service can be easily determined.
In the given instance, Big Dig made a fault by charging low fee as, that service demands particularly high fee.
Although Commercial Development Corporation can easily counter confirm the price of service in the market, and that it knows that the contract is certainly mistaken by Big Dig, it can and should ethically agree with the revised price, that is the correct price as per the prevailing market prices.
Competition has driven the economic profits in the dog grooming business to zero. surya bacha, would be better off leaving the industry for another alternative. This statement is false.
<h3>What is economic profits?</h3>
Economic profit is the difference between implicit costs and accounting profit. Implicit cost is the cost of the next best option that is forgone when one option is chosen over another option. For example, if Surya left his job as an accountant to start his business. If he earns $100,000. His implicit cost would be $100,000.
Economic profit = accounting profit - implicit cost
Accounting profit is the difference between explicit cost and revenue. Explicit cost is the cost that is actually incurred. An example of explicit cost is the wages paid to labor.
To learn more about implicit cost, please check: brainly.com/question/15849018
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Answer:
Explanation:
Competitive Enterprise means a business enterprise that engages in, or owns or controls a significant interest in any entity that engages in, the performance of services of the type provided by the Company, its Affiliates and/or their predecessors.