This question is incomplete because the options are missing; here is the complete questions:
Ian Sanders offered to sell his car to Beth Jones for $5,000. Subsequently, Beth demanded that he provide new seat covers for the car as she was paying a rather heavy price for the car. Beth's response represents a(n) ________.
A. Inquiry regarding terms
B. Rejection of the offer
C. Conditional acceptance of the offer
D. Additional term
The correct answer to this question is D. Additional term
Explanation:
In a contract, the terms refer to the specific conditions or obligations the parties involved accept. These terms are usually registered in a document as not following the terms has legal consequences. In the case presented, the answer of Beth represents an additional term because the purpose of her answer is to include a new condition or obligation that the seller of the car should accomplish as part of the agreement between seller and buyer.
Answer:
E. Fixed Costs
Explanation:
Here are the options to this question :
A. Variable Costs
B. Labor Costs
C. Total Costs
D. Raw material Costs
E. Fixed Costs
Sunk costs are costs that have already been incurred and cannot be recovered. They should not be considered when making future economic decisions.
Fixed cost is cost that do not vary with production. e.g. rent
Most companies pay rent per year. if due to unforeseen contingencies, sales and profit of the company declines and the company decides to shut down production, the company has already paid for rent, this amount cannot be recovered even though the company would not be using the space for sometime. So, rent is an example of sunk cost
Based on the coordinates of point x and those of point y on the linear production possibilities curve, the opportunity cost of producing one watch is 2 fewer clocks.
<h3>What is the opportunity cost of producing one watch?</h3>
The opportunity cost of producing one watch is the number of clocks that needs to be given up per watch.
This will therefore be the slope of the linear production possibilities curve which can be found as:
= (Y₂ - Y₁) / (X₂ - X₁)
Solving gives:
= (80 - 20) / (20 - 50)
= 60 / -20
= -2 clocks
This means that for every watch produced, there will be 2 clocks that will be foregone to make that watch.
In conclusion, the opportunity cost is 2 clocks.
Find out more on opportunity cost at brainly.com/question/481029.
#SPJ1
Answer: The deficit is lower when compared to 2010.
Explanation:
The United States Budget for 2010 titled "A New Era of Responsibility: Renewing America's Promise by President Barack Obama's budget in 2010 was $3.456 trillion for expenditure and total revenue was $2.163 which led to a budget deficit of $1.294 trillion.
In 2019, the revenue was $3.422 and expenditure was $4.407 which led to a budget deficit was $985. It can be deduced that there has been a reduction in the budget deficit when compared to 2010.
Answer: Corporate bond
Explanation:
It should be noted that the municipal bond aren't taxable. Therefore, its yield will be 4.75%.
On the other hand, the After Tax Cost of the yield of the corporate bond will be:
= Yield × (1-Tax Rate)
= 8.25% × (1-35%)
= 8.25% × 65%
= 5.36%
Therefore, the Corporate Bond should be chosen since it has a higher yield.
