Answer:
country of origin.
Explanation:
Banks have a set of requirements that borrowers need to meet to qualify for a bank loan. The banks will ask questions to determine if the customer is eligible for a loan. Most of the questions pertain to the purpose of the loans and the customer's ability to repay.
The bank will ask about employment history, credit history, tax information, personal information, the purpose of the loan, collateral, and other questions related to the ability to repay. A person's country of origin is unnecessary and may elicit elements of discrimination.
Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. She might want to open a bed and breakfast. If Cynthia enjoys working with others in the lodging industry, but on a smaller scale, a bed and breakfast is the perfect place for Cynthia to open that stays with her love for lodging but without the large hotel chain group of people. A bed a breakfast is usually a smaller place with roughly 10 rooms to rent out as if you were staying in a hotel.
Answer:
The ability of sellers to change the amount of the good they produce.
Explanation:
Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.
The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.
Answer:
0.33
0.5
Ted
Explanation:
Ted's opportunity cost = 20 / 60 = 0.33
Tom's opportunity cost = 15 / 30 = 0.5
A person has comparative advantage in an activity if he carries out the activity at a lower opportunity cost when compared with other people.
Thus, ted has an opportunity cost in washing cars.
I hope my answer helps you
Answer:
The answer is: C) If Jack does not accept the $100,000, there is a valid contract for the sale of the business, without a non-competition clause.
Explanation:
Non competition clause (NCC) is a legal contract that binds one party to not work for or start a rival company (in the same trade) that will compete against the other party.
In this case, Jack said he would probably agree to sign a NCC if they paid him $100,000 more, but he never said he would sign for sure the NCC. So Jack can refuse to sign the NCC and reject the extra $100,000. The selling contract would still be valid, it was never stated that if no NCC was signed, then the contract would be dismissed.
