Based on the given situations above, the event that will most likely create the biggest impact on one's net worth after a month is purchasing a car worth $15,000 of market value, and this car depreciates 20% of its value upon transfer of ownership. This impact is considered highly negative because of the large amount of depreciation.
The discovery of natural gas in the American Midwest should lead to an <u>increase</u> in the price of land because of an <u>increase in </u><u>demand</u> for the land.
The law of demand and supply explains how demand and supply are related to each other and how that relationship affects the price of goods and services. As the law explains that when demand for a product increases, and when supply is limited, so in this situation prices tend to rise.
Here, by the discovery of natural gas in the American Midwest, the prices of the land increased, this happened because of an increase in demand for the land. So when demand increased the price also increased.
Hence, the relationship between demand and supply is it important.
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Answer:
True
Explanation:
Real options include basically the option to get involved in projects involving real assets, as like building, land, machinery that is tangible assets or there is an option to choose securities.
These options provide for the growth of company by increasing their capacity to produce and that the company shall grow with the aim of producing and doing the business with more capacity to generate revenue.
Answer: increased competition
Explanation:
Without the existence of a free trade, Sapphira is acting in the capacity of a monopolistic seller and as such can fix price at whatever level she wants to fix it. This changes with the introduction of free trade, as similar products are allowed to come in with lower prices and in order to keep up she has to lower her prices also.
