Answer:
We cannot say with a certainty that the market price of paper would fall
equilibrium quantity falls and there is an indeterminate effect on equilibrium price
Explanation:
As a result of the regulation, the supply of paper would reduce. this would lead to a leftward shift of the supply curve. Price increases and quantity falls
As a result of the technological advances, the demand for paper reduces. this would lead to a leftward shift of the demand curve. Price and quantity falls
Taking these two effects together, equilibrium quantity falls and there is an indeterminate effect on equilibrium price
Answer:
D: not enforce it.
Explanation:
Based on the information provided within the question it can be said that in this specific scenario a court would most likely not enforce this extra agreement. This is because it is not directly clear on what the payment is for. Since they are paying extra for Genovese Contracting to put extra effort and over come the obstacles, but they may not be able to do so if these obstacles are out of their control.
Answer:
The transaction price for the land and related royalty payment is $2,950,000
Explanation:
Transaction cost is a fixed and certain cost where an exchange is made. Here the specific cost is $2,950,000 only, since this is the undefined selling cost. 1% commission ought not be considered here, on the grounds that it depends on deals and the deal figure may change in future. In this manner, the measure of commission isn't sure. Therefore, the transaction cost is $2,950,000
Answer:
Option (a) is correct.
Explanation:
Given that,
Value of good and services exported from Kandabar = $75 million
Value of good and services imported by Kandabar = $52 million
Therefore,
Balance of trade or trade balance:
= value of exports - value of imports
= $75 million - $52 million
= $23 million
Since the value of exports is greater than the value of imports, the nation has a trade surplus of $23 million.
The answer is D, indirect