The best illustration of the economic concept is scarcity. Thus the correct option is (C).
<h3>What is Scarcity?</h3>
Scarcity refers to the limited or the shortage of the natural resources in the particular region. It is an economic concept which defines that there is the shortage to the infinite needs of the human beings because resources are finite.
According to the illustration the corner offices in the high rise building has the high rent because of the limited number of the high rise offices and the huge demand of the location.
Thus the correct option is (C).
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Answer:
False
Explanation:
Bleeding edge firms provide products that are untested and carry a high risk. Products are unreliable and lead adopters stand the risk of making big losses in event that the product is not well received in the market
Leading edge firms on the other hand deal in products that are well tested and accepted by the market.
So the statement that - unlike leading-edge firms, bleeding-edge firms offer products just as the market becomes ready to embrace them. Is not true
Products offered by bleeding edge firms are not embraced by the market as they are untested and risky
Answer:
Goodwill = 25,000
Explanation:
Goodwill is an intangible asset, is the differential reflected in a consolidated balance sheet immediately after the business combination between the purchase price of a company and the fair market value of identifiable assets and liabilities. Goodwill is recorded when the purchase price is higher than the sum of the fair value of all identifiable tangible and intangible assets purchased in the acquisition and the liabilities assumed in the process.
In this case:
Goodwill = Purchse Price - Net assets fair value
Goodwill = 340,000 - 315,000
Goodwill = 25,000
The difference between the book value and fair value of the acquired company are adjustments to the amount presented in the consolidated balance sheet.
Answer:
The options for this question are the following:
A. Caveat emptor
B. Ex post facto laws
C. Stare decisis
D. Contra proferentem
The correct answer is C. Stare decisis
.
Explanation:
Stare decisis is a Latin phrase, which is interpretively translated as "staying with the things decided", used in law to refer to the doctrine according to which the sentences issued by a court create judicial precedent and link as jurisprudence to those that, on the same object, will be dictated in the future.
This shorter statement comes from summarizing a more extensive one that says: Stare decisis et non quieta movere.
This doctrine is typical of Anglo-Saxon law, and it is not as strong in continental law systems, where jurisprudence has a much smaller obligation and the judge's ability to interpret the law according to his criteria is much broader.
propertyIsEnumerable() The propertyIsEnumerable() method returns a Boolean telling if the specific property is enumerable and is the object's own property.
Enumerable properties are those with an internal enumerable flag set to true, which is the default for properties created through simple assignment or a property initializer. Object-defined properties, such as defineProperty, are not enumerable by default.
We must use the Object. defineProperty() method to create a non-enumerable property. This is a special method for creating objects with non-enumerable properties.
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