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Maksim231197 [3]
3 years ago
6

Carfax offers a report on used cars for $39.99. It details the ownership type and history, vehicle mileage, accident reports, an

d other information. Carfax is an example of how markets try to:
Business
1 answer:
Marysya12 [62]3 years ago
3 0

Answer:

lessen the lemons problem by reducing asymmetric information.

Explanation:

Since in the question it is mentioned that the Carfax offered a report on a cars that are used for $39.99. The information involves type of ownership, history, vehicle mileage, accident reports, and other type of information

Based on the above information, the markets lowered the lemon problem i.e. asymmetric information that represents the failure of information

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musickatia [10]
For the answer to the question above, I think the answer is that
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I hope my answer helped you. Have a nice day!
6 0
3 years ago
1. Sid bought a new $1,500,000 seven-year class asset on August 2, 2020. On December 2, 2020, he purchased $900,000 of used five
egoroff_w [7]

Answer:

Total cost recovery deduction = 1251450

Explanation:

Given the seven-year class asset bought by the Sid = $1500000

On 2nd December the five-year class asset bought = $900000

Now we have to find the cost recovery deduction for 2020.

900000/(900000 + 1500000) = 37.5% Thus, use half-year convention and avoid mid quarter

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500000 x 14.29% = 71450

900,000 x 20% = 180,000

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Cost recovery 5  year asset = 180000

Total cost recovery deduction = 1251450

7 0
2 years ago
Patty and tina were exposed to the mumps at school. neither patty nor tina has ever had the mumps before, but several years ago
Mumz [18]
I think would be most susceptible to have mumps is the Patty. <span>
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3 0
2 years ago
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Fixed cost per unit is inversely proportional to the volume of units produced.
Levart [38]
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Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.  
5 0
3 years ago
Want is a trial balance​
Scrat [10]

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Explanation:

4 0
3 years ago
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