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3 years ago

12

A broker has an exclusive right-to-sell listing on a building. An offer to purchase the building is received while the owner is

out of town. The offer requires a commitment from the seller before the seller is scheduled to return to the city. Under these circumstances, the

1 answer:

elena-s [515]3 years ago

5 0

Answer:

Broker must obtain the signature of the seller to effect a contract.

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A coffee distributor needs to mix a(n) Costa Rican coffee blend that normally sells for $9.50 per pound with a Kenya coffee blen

snow_tiger [21]

Answer:

5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenya coffee

Explanation:

First, we need to know the proportion of every coffee in the mix trying with different percentages until getting the result of $13,49

($9,50*25%)+($13,80*75%)=$12,73

($9,50*10%)+($13,80*90%)=$13,37

($9,50*7,5%)+($13,80*92,5%)=$13,48

($9,50*7,3%)+($13,80*92,7%)=$13,49

So, the percentage of Costa Rican coffee is 7,3% and Kenya coffee is 92,7%

And we can get the pounds required to get 70 pounds

70*7,3%=5,11

70*92,7%=64,89

We need 5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenyan coffee to create 70 pounds of mixed coffee that can sell for $13,49 per pound

8 0

4 years ago

A firm can produce steel with or without a filter on its smokestack. If it produces without a filter, the external costs on the

Licemer1 [7]

Answer: B. The firm would install the filter at a cost of $ 300,000.

Explanation:

If the community owns the property rights, they would be able to demand that the firm pay the external cost of $500,000 per year.

If on the other hand the company installed a filter, it would cost them $300,000 but then they would not have to pay the community the $500,000.

The lower cost option would be to install the filter for $300,000 which is what the firm would do.

6 0

3 years ago

Question 13 when the total u.s. production of goods and services is divided into consumption goods and services, capital goods,

Annette [7]

Private good service. government goods service . import good service.export good service

4 0

3 years ago

Mountain High Ice Cream Company transferred $72,000 of accounts receivable to the Prudential Bank. The transfer was made with re

docker41 [41]

Answer:

Journal Entry

Explanation:

Cash Dr, $63,360

Loss on sale receivable Dr, $6,640

Receivable from factor Dr, $6,200

To resource liability $4,200

To Accounts receivable $72,000

(Being transfer on the books of Mountain High is recorded)

Working Note :-

2% × $72,000 = $1,440

Cash = ($72,000 × 0.90) - ($72,000 × 0.02)

= $64,800 - $1,440

= $63,360

Loss on sale receivable = ($4,200 + $72,000) - ($63,360 + $6,200)

= $76,200 - $69,560

= $6,640

8 0

4 years ago

A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that a

Alisiya [41]

Answer: More elastic; Lower

Explanation:

Before the entry of a new firm, there is only one firm exist in the market and that single firm is experiencing a monopoly power. But when there is a entry of its competitor then as a result second firm have to reduce their prices of the products as demand is elastic. We know that market is very sensitive to the prices. This fall in prices will lead to increase the demand for the products but with the lower prices, the marginal revenue of the second firm will be more elastic because of the lower prices.

7 0

3 years ago