1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
10

Margot has fallen in love with a three-bedroom, 2,500-square-foot property in her friend’s neighborhood. It’s listed for $400,00

0. However, just down the street, another three-bedroom, 2,400-square-foot home very similar to the one Margot loves was just listed for $350,000. Margot and her agent immediately make an offer on the second property. Which economic principle is at work here?
Business
1 answer:
fenix001 [56]3 years ago
5 0

Answer:

subsititution

Explanation:

Since in the situation it is mentioned that margot has fallen with 3 set bedroom i.e. 2500 square foot and its amount is $400,000. Now there is another three set bedroom of 2,400 square foot and its amount is $350,000 so here two options are given and according to the price he opted for the second property

So out of two choices he should opt for one that means it is a subsititution economic principle

You might be interested in
Hankson Corp. has five strategic business units (SBUs)—information technology, insurance, publishing, fine arts, and tourism. It
MAXImum [283]

Answer:

B. Stars

Explanation:

Stars operate in high growth industries and maintain high market share. Stars are both cash generators and cash users. They are the primary units in which the company should invest its money, because stars are expected to become cash cows and generate positive cash flows.

3 0
3 years ago
How does immigration not lead to poverty?
Ira Lisetskai [31]

Answer:

Poverty rates and median family income

Indeed, the poverty rate of recent immigrants is more than twice that of U.S. natives. Because of this, at any point in time, the poverty rate would most certainly be lower in the absence of immigration. Also, increasing the immigrant share will raise the poverty rate.

Explanation:

have a great day

7 0
3 years ago
Those who pay off their credit balances in full each month and avoid the finance and interest charges are known as convenience u
beks73 [17]
The answer is true ..

5 0
3 years ago
Read 2 more answers
Whistle Corp. has a preferred stock that pays a dividend of​ $2.40. If you are willing to purchase the stock at​ $11, what is yo
kiruha [24]

Answer:

B. 21.8%

Explanation:

Cost of preference capital = \frac{dividend}{price}\times100

No adjustment of growth rate is done as the dividend on preference capital is constant and do not grow in normal conditions, that is it only differs in exceptional conditions.

therefore, in the given instance we have,

Dividend = $2.40

Current price = $11

Expected Return = \frac{2.40}{11.00} \times 100 = 21.8%

Thus correct option is

B. 21.8%

6 0
3 years ago
A _____________ is created by a consumer problem, need, or desire. A. Financial prediction B. Company scope C. Competitive analy
TEA [102]
Plz mark as Brainlest
An opportunity is created by a consumer problem, need, or desire. If a certain company or individual sees all those problems of the consumer or their needs and desire, the company sees it as an opportunity to develop or produce a product that will answer this problems.
If u don't understand plz message me if u do plz brainlest me
Thank you for this oppurtunity to answer
4 0
3 years ago
Read 2 more answers
Other questions:
  • Winter Company incurred direct materials costs of $500,000 during the year. Manufacturing overhead applied was $150,000 and is a
    5·1 answer
  • Market positioning is done so that the target customers have an understanding of the product offered by the company in compariso
    5·1 answer
  • Which of the following statements is true of inflation? Group of answer choices
    15·1 answer
  • Which of the following was implemented to provide stronger laws against terrorism and combat money laundering? US Department of
    9·2 answers
  • The accounting department of a garment manufacturing company has estimated that the variable cost will be $21 per unit for a new
    9·1 answer
  • Santo Corporation declares and distributes a cash dividend that is a result of current earnings. How will the receipt of those d
    13·1 answer
  • How can the Early Modern English expression "unfold yourself" be paraphrased to better understand its meaning? put your arms up
    15·2 answers
  • What distinguishes Accenture as a holistic provider of Extended Reality (XR) services?
    12·1 answer
  • when perfectly comepetitive firm x sells three units of productz, its marginal revenue is 4.67. when it sells one hundred units,
    8·1 answer
  • Housing expenses are commonly referred to as piti. what does piti stand for?a.principal, income, taxes, investmentb.payment, inv
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!