1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
3 years ago
15

An advertisement in the local paper offers a "fully loaded" car that is only six months old and has only been driven 5,000 miles

at a price that is 20 percent lower than the average selling price of a brand new car with the same options. Use precise economic terminology to explain whether this discount most likely reflects a "fantastic deal" or something else.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
4 0

The discount represents most possibly a "Fantastic deal" .

<u>Explanation: </u>

In the given advertisement the car is sold at a price that is 20 percent lower than the average selling price of a brand new car with the same options such as it is "fully loaded", 6 months old and had been driven 5,000 miles.

This is said to be a conditional phrase initiated by the seller, and it is acceptable as the offer seems to be an excellent deal or a fantastic deal for any person who is willing to buy a second-hand car in a good condition i.e, selling a car as in ('as is' refers to selling the car with all the known and unknown issues)

You might be interested in
In an online survey, Urban Feel, an existing clothing brand, asked its consumers to compare the brand to a musician. The idea be
Sedbober [7]

The idea behind this is that the musician chosen by a consumer will reflect that consumer's perception of the brand. This kind of research exemplifies "projective technique".

<h3>What is projective technique?</h3>

A form of personality testing known as projective approaches involves giving the subject of the test a straightforward, unstructured task with the intention of revealing personality traits.

The most well-known though contentious psychometric psychological testing method is frequently the projective methodology.

Key features of projective technique are-

  • Respondents can project their real or subjective ideas and beliefs onto other persons or even inanimate things using projective techniques.
  • From what the respondent says about other people, one might therefore infer the respondent's true feelings.
  • Typically, projective techniques are applied in one-on-one or small-group interviews.

To know more about projective technique, here

brainly.com/question/17130704

#SPJ4

4 0
1 year ago
Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns m
faust18 [17]
On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.
8 0
2 years ago
Your company is estimated to make dividends payments of $2.4 next year, $3.4 the year after, and $4.1 in the year after that. Th
Dahasolnce [82]

Answer:

40.78

Explanation:

4 0
2 years ago
In the context of the​ firm's supply​ curve, as the firm produces more of a​ good, the cost of producing each additional unit ▼
klemol [59]

Answer: As the firm produces more of a good, the cost of producing each additional unit increases this implies that the marginal cost of producing a good increases as it makes more of that good.

Explanation: Marginal cost of a producer refers to the addition in total cost when one more unit of a good is produced.

It is given by MC=\frac{Change in TC} {Change in Output}

Refers to the following situations,

MC increases when adding output increases TC or Total Cost

MC decreases when adding output decreases TC

MC remains constant when adding output does not change TC

The supply curve of the firm is an upward sloping curve, which shows that quantity increases as price increases.

So, in relation to this, it means that MC will also increase as quantity increases.

7 0
3 years ago
Hailey Wilson loves to cook and receives unqualified praise whenever she prepares a meal for someone. Encouraged by these compli
beks73 [17]

Answer:

.E. sole proprietorship.

Explanation:

A sole proprietorship, also known as the sole trader, individual entrepreneurship, or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. Sole Proprietorship examples include small businesses, such as a single person art studio, a local grocery, or an IT consultation service. The moment you start offering goods and services to others, you form a Sole Proprietorship. It's that simple. Legally, there is no distinction between you and your business.

5 0
2 years ago
Read 2 more answers
Other questions:
  • At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a eight-year operating lease agr
    15·1 answer
  • How do Government price ceilings and price floors affect the economy? Select all that apply.
    14·1 answer
  • In the model of monopolistic competition, if an industry has large ________ relative to another industry, then we should expect
    15·1 answer
  • How can you use spreadsheets both at home and at the office? describe the office business functions which can use electronic spr
    5·1 answer
  • If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to
    14·1 answer
  • Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t
    10·1 answer
  • Mayan company had net income of $33,480. the weighted-average common shares outstanding were 9,300. the company has no preferred
    13·1 answer
  • A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during th
    10·1 answer
  • How can a country experience economic growth?
    13·1 answer
  • QS 3-7 Adjusting prepaid (deferred) expenses LO P1 For each separate case, record the necessary adjusting entry. On July 1, Lope
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!