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3 years ago

Lon says to milli, “i would like to sell you my comic book collection.” this is not an offer because it

1 answer:

fomenos3 years ago

7 0

Lon's statement to Milli saying, "I would like to sell you my comic book collection." is merely an invitation for a negotiation. It is not considered an offer because an offer would include the price and quantity of the good/s that will be sold. It may also include possible discounts and the date when the package will be received. Lon's statement can lead up to a negotiation wherein both parties will discuss their terms in order to form an agreement in the end.

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6. He is not a skilled worker. He

Neporo4naja [7]

Answer:

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He is not a skilled worker. He doesn't earn much.

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3 years ago

Read 2 more answers

Suppose the current price of a good is $130. At this price, the quantity supplied is 125 units, and the quantity demanded is 165

Natali5045456 [20]

Answer:

Equilibrium quantity: 145

Equilibrium price: $140

Explanation:

In order to find the answer, first we determine the current difference between quantity supplied and quantity demanded.

Quantity supplied - quantity demanded = difference

125 - 165 = -40

So we have a shortage of -40 units.

We have the information that a $1 increase in price increases supply by 2, and decreases demand by 2. Thus, in order to close the shortage, we need a $10 price increase, because this will raise supply by 20 units, and lower demand by 20 units as well, bringing the 40 gap to 0.

For this reason, the equilibrium quantity is 145 units, and the equilibrium price is $140.

5 0

2 years ago

In a fixed exchange rate system, how do countries address the problem of currency market pressures that threaten to lower or ra

Jet001 [13]

Answer: D. A and B only

Explanation:

In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;

1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency

2. if demand rises, countries must fill the excess demand for foreign currency by selling their reserves.

5 0

3 years ago

Delta Construction Corporation, a general contractor, hires Eagle Electrical Company, a subcontractor, to wire a new office buil

nignag [31]

Answer: excused by Delta's failure to pay.

Explanation:

Delta Construction Corporation hires Eagle Electrical Company, as a subcontractor, to wire its new office building. After the completion of the work, Eagles is owed more than $50000.

Eagle's suspension of work is most likely due to the excuse by Delta's failure to pay. Delta has a right to pay up the money owed to Eagle. Lack of payment can lead to court cases.

3 0

3 years ago

In the airline industry, the ______________ of offering international routes restricts movement between hub-and-spoke and point-

andreyandreev [35.5K]

In the airline industry, the exit barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.

<h3>What is the exit barrier?</h3>

This is the term that is used to describe all of the challenges and the impending difficulties that may prevent a company from exiting a market.

This question tells us that it is a barrier of exit and restriction of movement between hub-and-spoke and point-to-point airlines.

Read more on exit barrier here: brainly.com/question/2975624

#SPJ1

5 0

2 years ago

Lon says to milli, “i would like to sell you my comic book collec­tion.” this is not an offer because it

Lon says to milli, “i would like to sell you my comic book collection.” this is not an offer because it