The answer here is ‘aging’.
I hope this can help.
Answer:
The correct answer is $27.16.
Explanation:
According to the scenario, the given data are as follows:
Settlement amount = $2,800,000
Total customers = 81,000
Legal fees = $600,000
So, we can calculate the amount received by each plaintiff by using following formula:
Amount received by each = (Settlement amount - Legal fees) ÷ Number of customers
= ( $2,800,000 - $600,000 ) ÷ 81,000
= $2,200,000 ÷ 81,000
= $27.16
What can we say about the long run equilibrium is: Fewer grapefruit will be produced.
<h3>
What is perfectly competitive market?</h3>
Perfectly competitive market can be defined as the market in which producer or manufacturer product similar or identical product.
Suppose the price of grape fruit is lesser compare to the average cost of production it , this tend to mean that in the long run only fewer or little amount of grapefruit will be produced.
Therefore fewer grapefruit will be produced.
Learn more about Perfectly competitive market here:brainly.com/question/4190313
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Answer:
A: $0
Explanation:
Holder in due course describes a person who has accepted a negotiable certificate in good faith.
It is one of the requirements by law for a holder in due course that it must not be aware of any defaults.
Since Happy Collection Agency knew about the default, it has no claim over the note.