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agasfer [191]
3 years ago
14

Mr. Smith put his laptop up for sale. He is aware of the fact that the laptop malfunctions frequently. However, none of the pote

ntial customers who came to buy the laptop were able to discover the problem and one of them actually bought it at a remunerative price. This occurred due to ________.
a) the selective retention of information by sellers the presence of positive
b) externalities the presence of negative
c) externalities the presence of asymmetric information
Business
1 answer:
zaharov [31]3 years ago
5 0

Answer: The presence of asymmetric information

                                               

Explanation:  In simple words, asymmetric information refers to the situation when one party to a contract have extra information regarding a subject than the other party of the contract.

Asymmetric information creates the potential of misconduct from the leading party as they can easily cheat the other party by concealing that important information.

In the given case, Mr. Smith was aware that his laptop is not working properly but still he sold its to a customer who was not aware of it. Thus, we can conclude that the correct option is C.

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According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?
Dmitry_Shevchenko [17]

Answer:

When there is now demand for this type of labor

Explanation:

Hope this helps :))

4 0
3 years ago
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As price falls from Pa to Pb, we could use the three demand curves to calculate three different values of the price elasticity o
elena-s [515]

Answer:

c. 03

Explanation:

3 0
3 years ago
Rahls issues stock to investors for $20,000, and has $5,000 of net income in its first year of operations. During Year 2, Rahls
Eva8 [605]

Answer:

The balance in stockholders' equity at the end of year 2 is $31,000

Explanation:

For computing the balance in stockholder equity at the end of year 2, first, we have to compute the balance for year 1  which is shown below:

Year 1 equity balance = Issue of stock + Net income

                                     = $20,000 + $5,000

                                     = $25,000

Now, year 2 balance would equal to

= Year 1 balance + Net income - Dividend paid

= $25,000 + $10,000 - $4,000

= $31,000

Hence, the balance in stockholders' equity at the end of year 2 is $31,000

4 0
4 years ago
the most common source of changes to a project based on the natural tendency of the client and project team members to improve t
nignag [31]

The maximum commonplace supply of adjustments to a venture primarily based on the natural tendency of the client and assignment crew members to improve the mission’s output is called Scope creep.

The definition of a purchaser method is a client or someone who makes use of services. An example of a purchaser is a pupil being tutored at a university writing middle. (Ancient) someone depending on every other, for protection or patronage. A terminal or non-public laptop that is connected to a server.

A purchaser is someone who buys services or products from a corporation, even as a client refers to a sure type of client who purchases professional services from an enterprise. typically speak me, customers purchase products at the same time as customers purchase recommendations and solutions.

Learn more about the client  here:

brainly.com/question/25822797

#SPJ4

6 0
2 years ago
Guest expectations +____________=guest satisfaction
avanturin [10]

Answer: C. Perceived Value

Explanation:

When we speak of Perceived value, we speak of how a customer evaluates a good or service in relation to how well it served them especially in relation to similar good or services.

It is essentially the customer, ranking a good or service in terms of how well they feel it fulfilled it's intended purpose.

When guests to an Establishment come with expectations for instance, how well the guests think these expectations are met (perceived Value) is what determines the overall satisfaction of the guest.

Hence the formula, Guest expectations + Perceived Value = Guest Satisfaction

7 0
3 years ago
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