Answer:
Option (D) is correct.
Explanation:
Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.
In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.
Utility is your answer. Quality could be your answer as well.
Though, by definition:
Utility - u<span>seful, profitable, or beneficial.</span>
E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
<span> The fact that Bob called Laurie "inept" and "under qualified" despite her fine performance on the job so far, but because he was angry that his girlfriend had not been hired instead is an example of workplace bullying.
</span><span>The term workplace bullying denotes </span>pattern of mistreatment in the workplace that causes harm (emotional or/and physical).
By saying such things and r<span>epeating hurtful remarks </span>to Laurie Bob abused Laurie.
Answer:
$960,000
Explanation:
The balance in equity investment made by Cleaverland in Omaha as at December 31, 2020 shall be determined using the following method:
Purchased price of Cleaverland as at January 1, 2019 $650,000
Net income for the year 2019 $150,000
Net income for the year 2020 $190,000
Less: Dividend paid by Omaha to Cleaverland ($30,000)
Balance as at December 31, 2020 $960,000