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Tomtit [17]
3 years ago
15

A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,

000, what amount of tax will result in unconsummated transaction
Business
1 answer:
IrinaVladis [17]3 years ago
6 0

Answer:

$15,000

Explanation:

Amount of tax that will result in unconsummated transaction will be :

Consumer values of house $525,000

Less completed transaction $510,000

Tax $15,000

Therefore $15,000 is the amount of tax which will result in Unconsummated transaction because the actual value of the house was $525,000 in which the transaction process was later completed at $510,000.

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if someone steals your debit card, you can’t lose more than $50 if you report the theft within 2 business days after it’s gone.

Explanation:

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3 0
4 years ago
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gulaghasi [49]

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sunk costs

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Based on the information provided within the question it can be said that this money spent would be considered an example of sunk costs. In the context of economics, this term refers to a cost that has already been spent and can no longer be recovered. Which in this case since they already purchased the store, they can no longer recover the money that they put into it.

6 0
3 years ago
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THE ANSWER WOULD BE C.


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Pretty sure your answer is
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