Answer:
a. Shopping for used cars when the seller has private information about the car unavailable to the buyer
Explanation:
When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.
Hence this leads to inefficient outcome and therefore market fails.
Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.
Hence option first is the correct answer.
The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:
b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.
<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>
Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period. Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC). The code sets the same comprehensive laws for all commercial activities in the US.
Thus, option "C" is correct.
To learn more about UCC click here:
brainly.com/question/13640672
#SPJ1
President Reagan's model for supply side economics emphasised on reducing taxes as the first step for triggering the cycle of Growth.
<h3>What is supply-side economics?</h3>
Supply-side economics is a macroeconomic theory in which focus is given on supply side. In this theory Tax reduction ,decrease in regulation will ultimately improve the economic growth.
Producers will pass on the benifits to employees and on production front the produce will be more with lower prices.
Reducing taxes as per supply side economics will trigger a cycle of growth. Hence Option A is correct.
To know more about Supply side economics click on the link below:
brainly.com/question/1054040
Answer:
$150,092
Explanation:
Net present value is derived by subtracting the cost of a project from the after tax cash flows.
Using a financial calculator to find the NPV
cash flow for year zero = -$200,000
Cash flow for year one = $100,000
Cash flow for year two = $92,000
Cash flow for year three =$ 120,000
Cash flow for year four =$ 160,000
Cash flow for year five =$ 100,00
Discount rate = 18%
NPV = $150,092
I hope my answer helps you.
