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
Explained moral lessons for the life of Okomfo Anokye​
mariarad [96]

Answer:

It is said that when Okomfo Anokye was born in Awukugua he was already holding in his right hand a short white tail of a cow (Podua); and he had so firmly clenched the fist of the other hand that no one could open it. The woman who went to deliver the labouring mother tried to open it because she suspected there was something in it. The father was called in to assist... Okomfo Anokye opened his eyes and, staring at the father, quickly opened the mysterious hand, showing it to the father and saying "Ano....Kye" (Guan language) meaning "Ano...see" and gave to the father what was in it. It is alleged that it was a talisman. From this incident Kwame Agyei got his name "Anokye".

Explanation:

6 0
3 years ago
Conflict begins as team members begin to resist authority and demonstrate hidden agendas and prejudices in the:
Naily [24]

Answer:

Explanation:

It happens in the storming stage of group development.

In this stage even though members start to communicate their feelings, they still view themselves as individuals rather than group members. Furthermore, they show resistance to 'leaders' or 'authority' and resist to control.

7 0
3 years ago
Read 2 more answers
In Agile projects early risk planning, assessment and response planning is done at a high level, and more detailed and timely ri
kkurt [141]

Answer:

TRUE

Explanation:

Quick program management relates to the factors which determine the success or failures of a task. Risk assessment doesn't need to provide structured risk reports and reviews on agility programs. Risk management is integrated into scrum jobs, tools, and activities.

Agile risk assessment is achieved more by then describing activities. Several Agile methods search throughout the process to define and minimize the risks.

4 0
3 years ago
What is plan procurements?
il63 [147K]
The process of documenting project procurement decisions specifying the approach and identifying potential sellers   

3 0
3 years ago
The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $31,000 per year fo
Whitepunk [10]

Answer: 6.51%

Explanation:

To get the interest rate at which the deal will be fair

Annual payment per year/ cost × 100

Perpetuity = D/r

476000 = 31000/r

r = 31000÷ 476000

r = 0.06512

r = 0.06512 × 100

r = 6.512%

Where D is the dividend

r is the rate

3 0
3 years ago
Other questions:
  • Which of the following includes volunteer work and damage from pollution in a country's goods and services? Which of the followi
    13·1 answer
  • On February 1, 2021, Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of $860,000. The bonds sold for $786
    12·1 answer
  • Aggregate demand is everything produced while simple demand is one good. Which statement reflects their  similarity?
    6·1 answer
  • Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have an 6% coupon rate, and interest
    8·1 answer
  • If a consumer sees an ad about a man or a woman who can no longer fit into his or her old bathing suit, the consumer might think
    14·1 answer
  • The annual percentage rate on a credit card determines _______.
    13·2 answers
  • Hobby Loss Presumptive Rule. Rachel Schurtz is a high school English teacher. In her spare time, she likes to make her own body
    6·1 answer
  • A firm has issued $5 par value preferred stock that pays a $0.80 annual dividend. The stock currently sells for $9.50. In calcul
    6·1 answer
  • What written document gives public notice that a mortgaged property may soon have a judgment issued against it
    14·1 answer
  • bobby and josephine are married and they work together. they have decided to maintain separation at work, though they are extrem
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!