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Kisachek [45]
3 years ago
8

If you are willing to purchase a house for $500,000 and you purchase the house for $500,000, this transaction will generate: a.

​$0 worth of buyer surplus and unknown amount of seller surplus. b. ​$0 worth of seller surplus and unknown amount of buyer surplus. c. ​No information provided. d. ​There is no surplus created for either of the party.
Business
1 answer:
Rainbow [258]3 years ago
6 0

Answer:c. No information provided

Explanation:

The fact that the house would be sold for $500.000 does not give us direct information about how much the seller was expecting, only what he or she accepted to sell it for, depending on the conditions it could mean they had no better offer and needed to sell it and therefore accepted what was offered even if it meant to lose a bit o gain much less that what they wanted, so since we are not offered information on the expectations of the seller we cannot say anything about it, then the other options are false, because it could even mean loss and no surplus.

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Levart [38]
Job qualifications

qualify means that you are at a high enough level

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5 0
3 years ago
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After Hiro's family photoshoot, the photographer sells the printed photos by the sheet. Hiro has a \$200$200dollar sign, 200 cre
Papessa [141]

Answer: 5 sheets

Explanation:

The question seems incomplete, however, I found the mentioned equation:

C=40 (5-s)

We are told C is in units of \$ and s is in units of sheets, this means the other side of the equation must be in \$, as well.

So, if we make a dimensional analysis :

\$=40\frac{\$}{sheets} (sheets)

This means each sheet costs \$40, then with a <u>Rule of three</u>, we can find how many sheets Hiro can purchase with  \$200:

If:

1 sheet ---- \$40

s sheets ---- \$200

Then:

s=\frac{(\$200)(1 sheet)}{\$40}=5 sheets

Therefore,  C=\$0 (the total credit left is zero) and we can verify s=5 by isolating it from the equation:

s=\frac{200 - C}{40}

s=\frac{200 - 0}{40}

s=5

8 0
3 years ago
The Swanson Group is an organization that has facilities located in five different countries and treats cultural differences as
Artyom0805 [142]

That The Swanson Group is located in five different countries with different departments in each country to facilitate efficient and flexible production of their merchandise implies that The Swanson Group is a <u>multinational organization</u>.

<h3>What is a multinational organization?</h3>

A multinational organization usually operates in more than one country.

Any organization that controls production activities from <u>more than one country</u> is not a national organization.

Thus, The Swanson Group is an example of a <u>multinational organization</u>.

Learn more about multinational organizations at brainly.com/question/913870

4 0
2 years ago
When you ____________ you spend money on something with the expectation that it will return a greater value in the future.
Eduardwww [97]

The correct answer is invest.

When someone make an investment in something, it is done because they believe that the value will increase and they will make a profit in the future.

Some examples that people may invest in are property, sports memorabilia or antique cars.

3 0
4 years ago
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Because better weather makes farmland more productive, farmland in regions with good weather conditions is more expensive than f
Natasha2012 [34]

Answer:

The price of farmland is actually very stable, although it has slightly decreased in the last few years. But the decrease is not because farmland is more or less productive, but because the price of crops decreased a lot in the last 4 years. Do to president's Trump trade wars, the demand for US crops fell dramatically. This hurt farmers a lot, not because the price of their land decreased, but because their revenues collapsed. A farm is just like any other business, if the cash flows decrease by 30 or 40%, it is normal that the price of the business will decrease.

Actually the price of farmland didn't decrease as much as their cash flows. Each farmer probably lost at least 30% of their total revenues, but the price of the land only decreased by 0.8% on average. This happens because the supply of land is extremely inelastic. You cannot just make more farmland, it doesn't work that way.

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6 0
3 years ago
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