Answer:
$232,760
Explanation:
you must first determine the market value of your house = appraisal value - sales expenses = $253,000 - $20,240 = $232,760
the market value of the house is your opportunity cost of using the house as an office.
opportunity costs are the extra costs or benefits lost resulting from choosing one investment or activity over another alternative.
Answer:
When firms are unable to differentiate their products
Explanation:
Direct competition is also known as perfect competition which occurs when two or more firms produce and sell the commodities that are not in anyway different. This makes the buyers not have preference for any of the product as the commodities are largely the same.
However, when firms can differentiate their products, they now more in perfect competition but now in indirect competition or monopolistically competitive market. Indirect competition therefore occurs when firms sell differentiated products which are not really the same because they are branded but these products can provide the same satisfaction to the need of the consumer.
Therefore, the threat of direct competition tends to be high when when firms are unable to differentiate their products.
I wish you the best.
<u>Straw men</u> approaches to business ethics are raised by business ethics scholars primarily to demonstrate that they offer inappropriate ethical decision making in a multinational enterprise.
<u>Explanation:</u>
A type of assertion and an unofficial fallacy based on giving the impression of refuting the argument of an opponent, while in reality refuting an argument that that opponent had not put forward. One who resorts to this argument is said to strike a straw man.
For an instance, when Caroline mentions she thinks her friends shouldn't be so mean towards the new girl. Jenna says she can't believe that Caroline wants to be closer friends with the new girl than the girls who have recognized her all along.
Answer and Explanation:
a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.
b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.
c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.
d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.