Answer:
The buyer will win, if the court finds that the $8,000 reduction in price is a fair reflection of the title defect.
Explanation:
Answer: eXtensible business reporting language (XBRL)
Explanation:
The financial reporting (disclosure) system that is based on the electronic data tagging language is referred to as the eXtensible business reporting language (XBRL).
XBRL is freely available and a global framework that is used for the exchange of business information and it also allows expression of semantics which is required in reporting of business.
Answer:
Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
Answer:
Equilibrium price is $2.50
Quantity of wheat is 1,425 tons
Explanation:
Please refer to the attached file.
