6.
TFC=$100,000, Price=$4, VC/unit=$2. BEP (units)=_______.
10,000
20,000
25,000
50,000
1.
A local full-service furniture wholesaler usually deals with price-conscious interior decorators who do not desire such services as delivery and extended warranties. The wholesaler should consider the use of
bundled pricing.
unbundled pricing.
the price-quality association.
price lining.
2.
A researcher is concerned that the public will not properly interpret its commercials due to the high level of symbolism. The firm is concerned about which stage in the channel of communication?
Source
Encoding
Promotional budgeting
Decoding
Answers
If Total Fixed Cost (TFC) = $100,000, Price (P) = $4, and Variable Cost per unit (VC/unit) = $2, then the BEP (units) is- D. 50,000.
How to find?Now, let us find out the contribution margin (CM) which can be calculated as follows:
CM = Price - Variable Cost/unit= $4 - $2= $2.
Now, we can calculate the Break Even Point (BEP) as follows:
BEP (units) = TFC/CM
= $100,000/$2
= 50,000 units.
Hence, the BEP (units) is 50,000.
Option (D) 50,000 is the correct answer.
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Related Questions
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answers
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
Jorge just purchased a furniture store from the previous owner who was retiring. jorge needed an in-depth understanding of why customers were purchasing some of his furniture lines but not others. which research type is most appropriate for him to use
Answers
The tradition of anthropology of interpreting the processes and outcomes of cultural behavior is the foundation of ethnographic research methods.
Ethnographers documented beliefs, kinship patterns, and ways of life as components of the human experience.
Which market segment is NOT likely to meet the "substantial" requirement?
The company sells high-end clothing to members of the segment, all of whom live below the poverty line. Advanced Teleniks, a manufacturer of mobile phone accessories, is introducing a new line of products aimed at left-handed individuals.
A SWOT analysis would be most useful during which stage of the segmentation process?
Utilize the SWOT analysis to examine a marketing circumstance. The acronym SWOT stands for opportunities, threats, strengths, and weaknesses. The situation analysis is the second step in the process of strategic planning and includes a SWOT analysis.
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On January 1, the Matthews Band pays $65,800 for sound equipment. The band estimates it will use this equipment for four years and perform 200 concerts. It estimates that after four years it can sell the equipment for $2,000. During the first year, the band performs 45 concerts.
Compute the first-year depreciation using the straight-line method.
Answers
To compute the first-year depreciation using the straight-line method, we need to determine the depreciable cost of the sound equipment and divide it by the useful life.
The depreciable cost of the sound equipment is the original cost minus the estimated salvage value. In this case:
Depreciable cost = $65,800 - $2,000 = $63,800
The useful life of the equipment is four years.
To calculate the annual depreciation, we divide the depreciable cost by the useful life:
Annual depreciation = Depreciable cost / Useful life
Annual depreciation = $63,800 / 4 years
Annual depreciation = $15,950
Therefore, the first-year depreciation using the straight-line method for the sound equipment is $15,950.
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When Jamie catches fish in their local lake, their fishing is ______ in consumption because other people _____ to catch those fish in the lake. a. nonrival; are
b. rival; are
c. rival; are not
d. nonrival; are not
Answers
When Jamie catches fish in their local lake, their fishing is rival in consumption because other people are able to to catch those fish in the lake. The correct option is "B".
Rivalry in consumption refers to the characteristic of a good or resource where one person's use or consumption of it reduces its availability or utility for others. In this case, when Jamie catches fish in the local lake, the availability of fish decreases for other people who may also want to catch fish from the same lake.
The act of Jamie catching fish creates competition or rivalry among potential fishers as the fish supply is limited. Therefore, the fishing in this scenario is considered rival in consumption because the catchable fish in the lake can be caught by either Jamie or other people, and one person's catch affects the availability of fish for others.
The correct option is "B".
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The statistical description of a population using characteristics such as age, gender, and income is?
Answers
Population statistics are examined in demography. The quantity, movement, and structure of people are studied by demographers using census data, surveys, and statistical models.
Which demographic subgroups are there?Age, income, race, employment, geography, homeownership, and level of education are some of the frequent factors obtained in demographic research. To identify clients, statistical data produces some generalizations about certain categories.
Define demography?The statistical study of populations, particularly those of humans, is known as demography. Population dynamics and dimensions are examined and measured in demographic analysis, which can be applied to entire civilizations or specific groups based on factors like education, ethnicity, nationality, and religion.
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45% of americans have less than 1000 saved for a
Answers
Answer: Emergency Fund
Explanation: According to recent data from GO Banking Rates, 69% of Americans have savings, worth less than $1,000. That indicates that they are certainly very far away from having a fully funded emergency fund and that they are taking a very huge financial risk. Even worse, 45% of Americans claim to have no savings. That’s true. Not even a single dollar was saved up in a bank account.
James would like to create a sole proprietorship operating under the name Super
Lawn Care. Which of the following is true? (1 point)
James will need to register the business with his local state as the
name of his business differs from his own.
James does not need to register his business anywhere since a sole
proprietorship never requires registry.
James will need to register the business with his local city as the
name of his business differs from his own.
James will need to register the business with the federal
government as the name of his business differs from his own.
Answers
Answer:
James will need to register the business with his local state as the
name of his business differs from his own.
Explanation:
The answer is A. because Jane will definitely need to register the business name with Local State because his name is different from the businesss'
According to the regulation of State, every business owner must register its business name with the Commission in charge because Business name is different from Owner name.
The Registration of business name with the State protects the name at the State level and thus prevent other business owner to use such name for business.
Thus, in conclusion, Jane does need to register his business name with his Local State because his Name is different from Business name.
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if the cross price elasticity between goods b and a is -2 and the price of good b increases by 5 percent the quantity demanded of good a will
Answers
Answer:
lead to a fall in quantity demanded by 10%
Explanation:
The cross price elasticity of demand measures the effect of the percentage in price of one good on the quantity demanded of another good.
Cross price elasticity = percentage change in quantity demanded of good A / percentage change in price of good B
2 = percentage change in quantity demanded of good A / 5%
percentage change in quantity demanded of good A = 10%
Because demand is elastic, the quantity demanded would fall by 10%
Elastic demand means that quantity demanded is sensitive to price changes. A small change in price would lead to a greater change in quantity demanded
what do the words producers and consumers mean in business?
Answers
Answer:
A consumer is a person who buys and uses goods and services. Ask students to repeat after you and define consumer. A producer is a person who makes goods or provides services.Jan
Explanation:
Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include
Answers
Based on writing methods and techniques, to write a persuasive argument as an essay or blog entry to address your topic, you should start by "Choosing topic you’re passionate about."
What is Persuasive Writing?Persuasive writing is a form of writing that illustrates logical arguments into writing. It usually contains an emotional appeal to influence the readers towards a particular perspective or opinion.
Things to note when writing a Persuasive argument as an essay or blog entryUnderstand what your audience wants.Begin with a fact to hook your readers' attention.Research the both on both sides of what you agreed and disagreed on.Be empathetic in your word usage.Chip in rhetoric question to evoke interest.Emphasize your points with creativity.Hence, in this case, it is concluded that writing a persuasive argument as an essay is more straightforward if you follow the proper steps.
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At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
Answers
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
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Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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what is your favorite food?
do you love pets?
do you make good grades?
Answers
Answer:
Shimp, ehh, yeah
Explanation:
Yes
I have all b’s.
a. Describe SWOT analysis as a way to guide internal analysis. (Define and cite, then answer through your definition)
b. What are potential weaknesses and limitations of SWOT analysis?
c. Do a SWOT analysis on you current or former employer
d. What is benchmarking, and how can it assist in strategy development and formulation?
Answers
a. SWOT analysis is a strategic tool used to assess the internal strengths and weaknesses of an organization and the external opportunities and threats it faces.
According to Kotler and Armstrong (2021), SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It involves analyzing the organization's internal resources, capabilities, and limitations, as well as external factors in the market or industry that may impact its performance.
The purpose of SWOT analysis is to provide insights into the organization's current situation, identify areas of competitive advantage, and uncover potential areas for improvement. It helps guide internal analysis by providing a structured framework to assess and evaluate the organization's internal environment and its alignment with external factors.
b. While SWOT analysis is a widely used tool, it is important to acknowledge its potential weaknesses and limitations. Some of these include:
Oversimplification: SWOT analysis tends to simplify complex situations into four categories, which may overlook important nuances or interdependencies between factors. It may not provide a comprehensive and in-depth understanding of the organization's internal and external dynamics.
Lack of Prioritization: SWOT analysis does not inherently prioritize or rank the identified factors. It may not provide clear guidance on which factors are more critical or impactful to the organization's performance and success.
Limited Perspective: SWOT analysis is primarily focused on the current situation and may not adequately consider future trends or emerging factors. It may not capture long-term strategic considerations or anticipate changes in the external environment.
Subjectivity and Bias: SWOT analysis relies on subjective judgments and interpretations of data, which can introduce biases or personal perspectives. It may be influenced by individual or group biases, leading to incomplete or skewed analysis.
c. As an AI language model, I do not have a current or former employer to conduct a SWOT analysis on. However, I can assist you in understanding the process and provide guidance on how to conduct a SWOT analysis for your specific organization or industry.
d. Benchmarking is the process of comparing an organization's performance, practices, or strategies against those of other organizations or industry standards. It involves identifying best practices and performance measures used by industry leaders and using them as reference points for performance improvement.
Benchmarking assists in strategy development and formulation by:
Identifying Areas for Improvement: Benchmarking helps organizations identify performance gaps and areas where they lag behind industry leaders. By comparing their practices with those of top performers, organizations can identify opportunities for improvement and set targets for performance enhancement.
Learning from Best Practices: Benchmarking allows organizations to learn from industry leaders and adopt their best practices. It helps in understanding how successful organizations achieve superior performance and enables the transfer of knowledge and techniques to improve strategies and processes.
Setting Performance Targets: Benchmarking provides a reference point for setting performance targets. By comparing their performance with industry benchmarks, organizations can establish realistic and ambitious goals that align with industry standards and market expectations.
Enhancing Competitive Position: Benchmarking helps organizations gain a competitive advantage by identifying areas where they can differentiate themselves from competitors. By adopting best practices and implementing strategies that outperform industry benchmarks, organizations can enhance their market position and stand out from the competition.
Overall, benchmarking is a valuable tool in strategy development as it enables organizations to learn from others, identify improvement opportunities, and set performance targets based on industry standards and leading practices.
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TASK A(3 points): Go onto any job search website and research on 3 career paths 1. A job you could have taken as a high-school graduate and the advertised annual salary 2. A job you are interested in finding after your college degree and the advertised annual salary 3. A job that requires a graduate degree and the advertised annual salary TASK B(2 points): Choose a discount rate between 5 and 15 and explain your choice. People with high discount rates generally place a high opportunity cost of additional years of schooling. (Maybe you do not like schooling very much or may simply prefer earning money today rather than waiting so long into the future to earn or you may have pressing family/health/social responsibilities that make schooling costly for you compared to working right away) TASK C(6 points): Calculate the PV of your future earnings for each route using your selected discount rate (show your calculations clearly- similar to Problem Q3 on active learning set). Option 1 - High school path for the 20 years at your chosen discount rate Option 2 - College degree path for the 20 years at your chosen discount rate Option 3 – Master's degree path for the 20 years at your chosen discount rate TASK D (3 points): What education path maximizes YOUR net present value of his lifetime earnings? Provide an economic analysis of this exercise and what are your main takeaways from this exercise? TASK E (4 points):Response posts – comment on the findings two classmate and provide an alternate analysis to theirs Organization and quality of response – 2 points
Answers
TASK A: Research and provide information on three career paths at different education levels and their advertised annual salaries.
TASK B: Choose a discount rate between 5% and 15% and explain the reasoning behind the selection.
TASK C: Calculate the present value of future earnings for each career path using the selected discount rate.
TASK D: Determine which education path maximizes the net present value of lifetime earnings and provide an economic analysis of the exercise.
TASK E: Comment on classmates' findings and provide an alternative analysis, focusing on organization and quality of response.
The education path that maximizes net present value of lifetime earnings is the Master's degree path. This is based on the analysis of future earnings calculated using a selected discount rate.
When comparing the three career paths, it is important to consider the potential for career growth, earning potential, and job stability. While a high-school graduate may find entry-level jobs with relatively lower annual salaries, these positions often have limited opportunities for advancement and increased earnings over time.
On the other hand, obtaining a college degree opens up more career options with higher earning potential. Many industries require a degree as a minimum qualification, and individuals with a college degree tend to have better job prospects and higher salaries compared to high-school graduates.
However, the most lucrative path in terms of net present value of earnings is often pursuing a graduate degree. By investing additional years in education and obtaining a Master's degree, individuals can qualify for higher-level positions, managerial roles, or specialized professions. These positions typically come with higher salaries and greater opportunities for career advancement.
Considering the discount rate, a lower rate may indicate a higher value placed on additional years of schooling, suggesting a willingness to invest more in education. On the other hand, a higher discount rate may indicate a preference for immediate earning potential over delayed gratification and the cost associated with additional years of schooling.
In this exercise, the selected discount rate should align with an individual's personal preferences, circumstances, and financial goals. A discount rate of 10% could be a reasonable choice as it strikes a balance between valuing future earnings and considering the opportunity cost of additional years of schooling.
Overall, the economic analysis reveals that pursuing a Master's degree offers the highest net present value of lifetime earnings. However, it is important to note that this analysis is based on general trends and individual preferences and circumstances may vary. It is crucial to consider factors such as personal interests, career aspirations, and financial constraints when making education and career decisions.
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PLEASE HURRYYYY THIS IS DUE RIGHT NOW 20 POINTS
Please select the word from the list that best fits the definition Fossil fuels are the only cause of global warming. Absolute or Qualified?
Answers
Answer:
absolute
Explanation:
cause oils from mine feilds an certain refreshners cause global warming
Answer:
Absolute
Explanation:
When a customer returns a product to Hartville Equipment that the customer purchased onâ account, Hartville will issue aâ __________ to authorize a credit to theâ customer's account receivable onâ Hartville's books:A.refund noteB.manager approvalC.return authorizationD.credit memo
Answers
When a customer returns a product to Hartville Equipment that the customer purchased on account, Hartville will issue a return authorization to authorize a credit to the customer's account receivable on Hartville's books.The correct option is c.
A return authorization is a document that allows the customer to return the product and receive a credit for the amount paid on their account. This credit will be reflected on the customer's account receivable on Hartville's books.A refund note is a document that authorizes a refund of money to the customer for a return or cancellation of a purchase. This is not applicable in this case as the customer made a purchase on account and not with cash.
Manager approval may be required for certain returns or refunds, but it is not the document that authorizes a credit to the customer's account receivable.A credit memo is a document that is issued by the seller to the buyer, indicating a credit has been made to the buyer's account. This is the document that Hartville will issue to authorize a credit to the customer's account receivable on Hartville's books.
In summary, the correct answer is C. return authorization, which is the document that authorizes a credit to the customer's account receivable on Hartville's books.
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What do behaviorist and cognitivist theories have in common?
a. Praise is an important aspect of learning in both of them.
b. They both rely on a simple stimulus-response system.
c. Repetition is an important aspect of learning in both of them.
d. They both accept that the mind has a conscious role in learning.
Answers
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Can time series data be continuous?
Answers
Data from time series can indeed be continuous. A collection of observations made throughout time that are each connected to a particular time point is referred to as a time series.
A time series is a collection of data that is gathered throughout time at regular intervals. It is a fundamental idea in many disciplines, including statistics, economics, finance, engineering, and many more, and it is used to investigate how a specific variable changes over time. Time series data can be used to examine trends, patterns, and connections between variables as well as to gain understanding of how complex systems behave. Many statistical methods, such as trend analysis, seasonal decomposition, forecasting, and regression analysis are used in time series analysis. In many businesses, it is a crucial tool for making decisions because it can be used to predict future trends, spot areas for improvement, and track system performance over time.
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This benefit is conferred by the corporate form of organization in which an investor;s personal responsibility for the debt of the business are limited to the amount the investor has invested in the firm.
Answers
Limited Liability is the benefit conferred by the corporate form of organizations in which an investor's personal responsibility for the debt of the business is limited to the amount the investor has invested in the firm.
Limited liability enables people to escape personal responsibility for a corporate entity's losses, enabling risk-averse people to take on risks that they otherwise would not have. This means that in order to satisfy their debts, the creditors of an incorporated corporation cannot go after the owner's personal assets. Owners of a business that operates as a corporation are responsible for all debts and business losses up to the amount they invested in the corporation.
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if example your a newbie and inexperienced what kind of business would you do in your newly made business account also if your interested in Nightcore songs and an underage?
Answers
Answer:
I want be doctor but still I can do the business of handicrafts . I don't like nightcore songs .
Answer:
wanna be a doctor if I want buissnes maybe art I donno.
Explanation:
do you watch anime which one
Question:A wealthy retired investor is interested in buying Agency mortgage backed securities collateralized by 30-year mortgages as an investment that will give additional retirement income. When discussing this with the client, you should advise him that if market interest rates fall:
Answers
If market interest rates fall, it can have both positive and negative implications for Agency mortgage-backed securities (MBS). Here are the potential effects that you should advise the client:
Increase in MBS prices: When market interest rates decline, the value of existing fixed-rate mortgages held by MBS increases. This is because the lower rates make the existing mortgages more attractive and valuable. As a result, the prices of Agency MBS tend to rise.
Reinvestment risk: Falling interest rates can also lead to reinvestment risk for investors in MBS. As homeowners refinance their mortgages at lower rates, the cash flows from the underlying mortgage pool may decrease. This can impact the income generated by the MBS, potentially reducing the retirement income for the investor.
Extension risk: On the other hand, falling interest rates may increase the duration of MBS. Homeowners are less likely to refinance their mortgages when rates are higher, but as rates fall, they are more likely to refinance and pay off their existing mortgages. This can extend the duration of the MBS and delay the return of principal to the investor.
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7) Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow against his property with a $16,000 second mortgage. Is Duce Bank likely to provide the $16,000 in financing
Answers
Answer:
hey sorry i just want points YOSHII :3
Explanation:
Apart from providing $16,000 in the financing, the other option that can be considered by Mr. Smith is that after using the property clause, the thing that can be done with the $80,000 first lien under the terms of the first mortgage, the lender has a first lien on any modifications made to the property used to secure the mortgage loan.
What is a mortgage loan?A mortgage loan is a kind of secured loan. After applying for a mortgage loan, one can get the funds in exchange for immovable assets like a house or a commercial property that provides security for the lender.
In the case of Mr.Smith, as per the provisions contained in the existing mortgage document, there is a bank name ABC bank that would most probably be the first lien on the new building constructed by Mr. Smith.
Therefore, an approach has been made by Mr. Smith to Duce Bank before constructing a new building on land which served as security for the initial mortgage loan.
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The complete question is attached in text form:
Mr. Smith acquired a property consisting of one acre of land and a two-story building five years ago for $100,000. He also obtained an $80,000 mortgage loan from ACE Bank to provide financing to complete the purchase. This year, Mr. Smith constructed another building on the property with his own funds at a cost of $20,000. Mr. Smith has decided after completing the building to approach Duce Bank to borrow and mortgage the new building with a $16,000 loan. Is Duce Bank likely to provide the $16,000 in financing? What other options may Mr. Smith have to consider?
.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.
Answers
Answer:
Option C. Both variables are moving in the same direction.
Explanation:
The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.
a local marketing firm is considering launching a new and extensive social media marketing campaign. this investment of resources is being looked at through the length of the project since it is anticipated to last at least 5 years. what financial calculation should be used to compute the time value of money?
Answers
The financial calculation that should be used to compute the time value of money for a local marketing firm that is considering launching a new and extensive social media marketing campaign.
Which is being looked at through the length of the project since it is anticipated to last at least 5 years is net present value (NPV).The net present value (NPV) is the value of an investment in today's dollars. It is a calculation that measures the difference between the current value of the investment and the amount invested or projected to be invested in the future. NPV determines the time value of money by discounting the future cash flows of the investment back to the present. This calculation considers the investment's cost, the duration of the investment, the anticipated cash inflows and outflows, and the appropriate discount rate. The net present value (NPV) is a tool used in capital budgeting to assess the potential profitability of an investment by examining the cash inflows and outflows.
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Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
Answers
Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Answer:
C. government
Which best describes how specialized producers decrease their opportunity costs?
Oby reducing production costs
O by focusing on target markets
O by increasing production of certain items
Oby limiting the types of goods produced
Answers
The specialized producers decrease their opportunity costs by limiting the types of goods produced. Thus the correct option is last.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
It's crucial to keep in mind that a supplier with a competitive edge can provide a good or service for less money than a rival supplier. By limiting teh goods producers can decrease the opportunity Cost.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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Which of the following best explains the purpose of a supply schedule?
O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.
Answers
Answer:
C. To show the relationship between quantity supplied and prices.
Explanation:
A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.
According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.
Answer:
it is c
Explanation:
because it does mean To show relationship between quantity supplied
and prices.
The owner of a house in a suburban neighborhood converted a driveway from rock to asphalt. The owner’s neighbor did not have a driveway but instead parked on the street that ran in front of both of their homes. When asked by the neighbor, the owner told the neighbor that she could also use the driveway to access her house. For 11 years, the neighbor used the driveway on occasion when engaged in tasks such as bringing furniture and appliances into her house, or on days when it was raining heavily. Throughout these years, only the owner maintained the driveway. Recently, the owner sold his house to a couple. The owner informed the couple about the neighbor’s use of the driveway when they first looked at the house, but neither the contract of sale nor the deed made reference to it. When the neighbor used the driveway on the first rainy day after the couple moved in, the couple told her that she could no longer use their driveway. The neighbor sued the couple, seeking a judgment that she has a right to use the driveway. In the applicable jurisdiction, the term for the creation of a prescriptive easement is 10 years.Who is likely to succeed?
A
The couple, because a license, as a property interest, must be in writing.
B
The couple, because the neighbor’s license to use the driveway has been revoked.
C
The neighbor, because her use of the driveway created a prescriptive easement.
D
The neighbor, because the couple had notice of her driveway use before buying the house.
Answers
Based on the given information, the most likely outcome is option D: The neighbor is likely to succeed because the couple had notice of her driveway use before buying the house.
In this scenario, the neighbor has been using the owner's driveway for 11 years with the owner's permission, even though it was not explicitly documented in the contract of sale or deed. However, the owner informed the couple about the neighbor's use of the driveway when they looked at the house, which suggests that the couple had notice of this arrangement before purchasing the property.
In some jurisdictions, a prescriptive easement can be established through the continuous use of another person's property for a certain period of time without the owner's permission. In this case, the neighbor's use of the driveway for 11 years, coupled with the couple's prior knowledge of this use, may potentially support the neighbor's claim to a prescriptive easement.
It is important to note that property laws and specific circumstances can vary by jurisdiction, so it is advisable to consult with a legal professional to determine the precise outcome in a particular case.
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