Answer:
The correct option is B. expand the production possibilities of an economy.
Explanation:
Economic growth can be defined as the increase in an economy's production of economic goods and services, often compared from one period of time to another. It can be measured in any of the following:
- Nominal or real (adjusted for inflation) terms.
- Gross National Product (GNP)
- Gross Domestic Product (GDP), etc.
Contributors to economic growth include:
- Increases in capital goods.
- Increase in labor force.
- Technology.
- Human capital.
In simplest terms therefore, economic growth is used to refer to an increase in the aggregate production in an economy.
The listing associate should present the offer to the seller as a potential backup offer for further negotiation.
<h3>
Who is a seller?</h3>
- A seller is any person or company who sells a product, service, or financial asset.
- Short selling is the practice of borrowing securities that are not held in order to sell them and then repurchase them at a reduced price.
- A "writer" is a seller of options who collects the premium from the buyer.
<h3>What is an offer?</h3>
- In exchange for something else, a commitment to do or refrain from doing something.
- An offer must be worded and delivered in such a way that a reasonable person would expect its acceptance to result in a binding contract.
Therefore, the listing associate should present the offer to the seller as a potential backup offer for further negotiation.
Know more about a seller here:
brainly.com/question/906651
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Answer:
Income will increase by $84.
Explanation:
<u>The break-even point is the number of units required to cover the fixed costs. Net income is zero.</u>
First, we need to calculate the unitary variable cost:
Unitary variable cost= 120*0.3= $36
<u>Now, the unitary contribution margin:</u>
unitary contribution margin= 120 - 36
unitary contribution margin= $84
Income will increase by $84.
Answer:
a. The quality of rental housing units falls
c. The quantity of available rental housing units falls.
Explanation:
As the landlord cannot receive a desired return for their investment they will stop improving and doing proper maintenance of the property to obtain it.
They will also be less likely to rent and would prefer to sale and move away from the real-state investment business in the region to more profitable region or better business. This will make the ernt go up as there is less offer as well so the policy backfires.
Stoping the market to work property will cause market failures and the outcome won't be the desired
