This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If you are willing to sell your car business for 500,00 . and someone offers you 420,00 . for it, ... (Read 32 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Jul 1, 2018
If you are willing to sell your car business for 500,00 . and someone offers you 420,00 . for it, this transaction will generate:
 a. There is no surplus created
  b. 80,00 . worth of seller surplus and unknown amount of buyer surplus
  c. 40,00 . worth of buyer surplus and 40,00 . of seller surplus
  d. 80,00 . worth of buyer surplus and unknown amount of seller surplus

Question 2

Apple has continued to be innovative to ensure that the demand for its products stays or becomes
 a. More inelastic
 b. More elastic
 c. Unitary elastic
 d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


colton

  • Member
  • Posts: 627
Reply 2 on: Jul 1, 2018
Excellent

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Sample of a business card design. Sample of a business card design.
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
International Business: The Challenges of Globalization International Business: The Challenges of Globalization
International Business: The Challenges of Globalization, 8th Edition International Business: The Challenges of Globalization, 8th Edition
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library