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sveticcg [70]
2 years ago
5

The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,

and as a result the buyer with less knowledge must worry about ending up at a ________________.
A. imperfect selection; lemon
B. adverse information; lemon
C. adverse selection; disadvantage
D. imperfect information; disadvantage
Business
2 answers:
vlada-n [284]2 years ago
8 0

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.

Neporo4naja [7]2 years ago
5 0

Answer:

D. imperfect information; disadvantage

Explanation:

Imperfect Information is when parties in a transaction don't have fairly equal information about the quality of the product. This usually refers to when sellers have more information than buyers.

Eg : In case of second hand cars, sellers have more information about the real quality of car & buyers can only anticipate it.

Buyer anticipates the quality of good/ service,  based on his / her evaluation about distribution of various quality of goods in the total range. However, this anticipation is subject to errors because of the 'imperfect information' he / she has, on the basis of which he / she decides. So, he/ she might pay more for a low quality good & hence might end at a disadvantage.

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Erie company has 500 units of capacity for their traditional product, Emu, and buys one point of automation. If Erie company’s c
11111nata11111 [884]

Answer: 2 years

Explanation:

The payback period is the amount of time that is needed for the required cash inflow of a project to offset the initial cash outflow that the business offsets. The payback period is when the initial outlay of an investment is recovered. There are two different methods used to calculate payback period. We have the average method and the subtraction method.

In the above question, the payback period is solved as follows:

Labour cost decreases by 10% for each unit.

Therefore,

= $10 × 10%

= $10 × 0.1

= $1 per unit.

In order to recover $2000, the business needs to sell the following;

= 2000/1

= 2000units.

If Eric sells 1000 units per year of Emu, it will take:

2000/1000= 2years

In conclusion, the payback period of the investment is 2 years.

8 0
2 years ago
How long do you have to pay back a short term debt?
Temka [501]
I think that the answer is D all of the above
8 0
2 years ago
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it will gain you more knowledge, Intensify your soft skills, grow your strong work ethics and grow your network and grow your ne
frutty [35]
I am not Good at Business and all, but I think it's Experience that will satisfy.
3 0
2 years ago
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Robbie and Cate were divorced in 2012 and neither one has remarried. They have one daughter, Amy, age 9, who lives with Cate. Ro
goldenfox [79]

Cate can claim Amy as a dependent.

<u>Explanation:</u>

The custodial parents can claim their child as the dependent, as a qualifying child for head of household filing status, for EIC, for the child tax credit and so on. But in case the parents get divorced, then the parent with whom the child spends the most time gets to claim the child as dependent.

In the above case, since Amy stays with Cate, Cate gets to claim Amy as dependent because she is staying with Cate only and spends the most time with her.

5 0
3 years ago
1. Greet the customer and thank them for contacting our company
Yakvenalex [24]

In order to convey messages to customers in both a casual and professional voice, you need to include planned and clear sentences.

<h3>How would the message be conveyed both informally and formally?</h3>

A good reference point for communicating the above informally and professionally is:

  1. Good afternoon, my name is William Warwick. Thank you for contacting (company name). How may I be of service?
  2. We sincerely apologise but due to a storm on the East Coat, our logistics services have taken a hit which has resulted in several orders including yours, being delayed.
  3. We deeply apologise for any inconvenience caused and want you to know that we are working round the clock to fix things.
  4. If you require further assistance, don't hesitate to reach us at 555-555-5555 from Monday to Friday between the hours of 8am to 8pm.
  5. Thank you for calling (company name). Do have a pleasant day.

The first part of the question is:

Please communicate the following information to the customer in both a casual voice, and a professional voice.

Find out more on customer communication at brainly.com/question/26448585.

#SPJ1

6 0
2 years ago
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