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slavikrds [6]
3 years ago
7

After Joe and Stephanie placed an offer on a house, the realtor came back to tell them they had Consensus ad idem. What does thi

s MOST likely mean for Joe and Stephanie? A. They should find a new realtor. B. They must look for a different home. C. They have to make a better offer. D. They have an accepted offer.
Business
1 answer:
GarryVolchara [31]3 years ago
8 0

Answer: D because Consensus ad idem means to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract. Formation of a contract is initiated with a proposal or offer. So D.

Sorry if i'm wrong. Hope it helps

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In a Cournot market with two firms, the inverse market demand curve is P = 20 – 0.5Q, where Q = q1 + q2. (Firm 1's output = q1;
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Answer:

MR = 10 – 1q1.

Explanation:

Demand function, P = 20 – 0.5Q

Q = q1 + q2

Now insert Q in the P = 20 – 0.5Q.

P = 20 – 0.5 (q1 + q2)

We have the value of q2 = 20.

P = 20 – 0.5 (q1 + q2)

P = 20 – 0.5 (q1 + 20)

P = 20 – 0.5q1 – 10

P = 10 – 0.5q1

Total revenue of firm 1, TR = Pq1

TR = 10q1 – (0.5q1)^2

Now MR is the differentiation of TR. So the MR after differentiation if TR of firm 1 is:

MR = 10 – 1q1

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8 0
3 years ago
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Answer:

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Answer:

See below

Explanation:

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