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pav-90 [236]
4 years ago
15

Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few d

ays after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $535,000. This fourth parcel _____
a) will
b) will not
be sold, because _______
a) edison
b) hilary
c) no one
d) crystal
will purchase it from the seller for at least the minimum price.

Business
1 answer:
Sedbober [7]4 years ago
6 0

Answer:

a) will

d) crystal

Explanation:

Please find the information needed to answer this question in the attached image

Willingness to pay is the highest amount a consumer would be willing to buy a product. If the price of the good is below the willingness to pay, the consumer would purchase the good.

The three beachfronts were sold to Alyssa, Tim and Brian.

The new sale of the beachfront at $535,000 would be sold to crystal because her willingness to pay ($550,000) is higher than the price of the beachfront.

the consumer surplus from the purchase would be $550,000 - $535,000 = $15,000

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Answer:

b. Roma and Taylor

Explanation:

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Roma is his supervisor, and he will also be liable because he is responsible for Taylor's performance.

The other attorneys in the firm will not be liable, because there is personal liability. When they are not directly involved in negligence, they will not be liable to Umberto.

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3 years ago
In the simplified model with proportional taxation introduced at the end of chapter 5, there can be two equilibria, one with a h
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Answer:

answer is given below

Explanation:

Equilibria with high tax rate.

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Equilibria with low tax rate:

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3 0
3 years ago
Refer to Landfall Service. Because the company is known for its ability to produce lawn furniture more efficiently than any othe
e-lub [12.9K]

The company must have absolute advantage.

Having been in business for a while, Landfall Service is a provider of outdoor furniture. Greater than any other company in the country, it is renowned for its capacity to make furniture quickly. The truth is that no rival businesses exist in any other country. Many of the items offered by Landfall Service have been exported. Actually, sales outside of the United States account for 80% of company income. In order to support domestic businesses, the Italian government has slapped a tax on imported furniture. On the other hand, because the government wanted a piece of the action, the Brazilian government levied taxes on Landfall Service items.

Learn more about Absolute Advantage Here

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Answer:

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The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

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The claim adjuster gathers reports and facts to the insurer.

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