Answer: Return the car and pay for the damage(D)
Explanation:
To disaffirm a contract means to avoid the obligations in a contract. A contract can be disaffirmed by a minor when he shows an intent that he or she isn't bound by it. Contracts can be disaffirmed by minors before they reach eighteen years. When a minor disaffirms a contract, all properties transferred to the minor can be gotten back.
In the scenario explained in the question, even though Eddie had damaged the car, he can disaffirm the contract and satisfy his duty if restitution by returning the car and paying for damage.
A curve that indicates the connection between the charge level and real GDP that might be supplied if all costs, such as nominal wages, had been fully flexible; price can alternate alongside the LRAS, but the output cannot due to the fact that output displays the whole employment output.
The long-run aggregate supply curve is vertical because it's miles the amount that might be produced as soon as costs are fully capable of modify. The LRAS curve illustrates the natural rate of output (Yn)- the amount of output the economy produces while unemployment is at its natural fee.
The long-run mixture delivers curve is a vertical line on the ability degree of output. The intersection of the economic system's combination demand and lengthy-run combination supply curves determines its equilibrium real GDP and price level ultimately.
Learn more about GDP here: brainly.com/question/1383956
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Answer:
d. Unlike monopolies and monopolistically competitive markets, oligopolies prices do not exceed their marginal revenues.
Explanation:
An oligopoly can be defined as a market formation where in a given sector of the economy there are only a small number of competing companies offering a product or service. Its structure is formed by imperfect competition (between monopoly and perfect competition).
The difference between monopoly and oligopoly is that the number of companies that the market has will set the price of products in an oligopoly market, whereas in the monopoly only one company dominates the market and therefore that company determines the price of the good, as it is a market without competition. Therefore, alternative D is the incorrect one.
A credit card is money the bank lets you borrow A debit card is money you already have
<span>
<span>The
liability created by receiving cash before providing the service or
delivering the goods in question is called unearned revenue. In this case, the entity providing the
goods/services records this transaction as revenue that has been generated
but in real sense, the seller remains with the liability until after the actual delivery
of the goods/services. The purpose of this practice can be advantageous to
the seller in certain situations such as easing the burden of paying interest
on debts.</span></span>
