Who wants to buy a certain quarter acre of land

Assignment Help Macroeconomics
Reference no: EM13200397

Eagle Properties, a real estate investment and sales firm, presents a form contract to its customer Floyd, who wants to buy a certain quarter acre of land in a proposed housing subdivision that Eagle is marketing. Eagle does not pressure Floyd to sign a contract, but offers its form on a take-it-or-leave basis. If Floyd signs the form, is it enforceable

Reference no: EM13200397

Questions Cloud

Why might a profit-maximizing employer turn down an offer : Suppose Mary earns $13 an hour installing transistorized digital chips in electronic calculators. If you were unemployed, would you offer to work for $8 an hour to get the job Why might a profit-maximizing employer turn down your generous offer
How many elephants need to be weighed : A study of elephants wishes to determine the average weight of a certain subspecies of elephants. The standard deviation of the population is 1600 pounds. How many elephants need to be weighed so find we can be 90% confident to be accurate within ..
Calculate the cost of reinvested profits : Calculate the cost of reinvested profits and the cost of new common shares using the constant-growth DVM - Cost of reinvested profits versus new common shares-DVM
What is the relationship between the length of the radius : what is the relationship between the length of the radius and the length of the circumference around a circle.
Who wants to buy a certain quarter acre of land : Eagle Properties, a real estate investment and sales firm, presents a form contract to its customer Floyd, who wants to buy a certain quarter acre of land in a proposed housing subdivision that Eagle is marketing.
Why she has an enforceable contract to buy the house : Frances has lived in an apartment for ten years when she decides to buy a house. Her one-year lease will end on May 1. On April 15, she orally con¬tracts to buy Smith's house for $100,000, with the closing (transfer of the deed) to take place on J..
How wide is the image on the stadium screen : a 42 inch- long guitar is 10.5-feet-long on a stadium screen. a drum is 21 inches wide. how wide is the image on the stadium screen?
Determine the firms after-tax cost of capital : Determine the firms after-tax cost of capital is the first step in making this decision. Boots has approached you with the following information to see if you can help him with his problem.
Can friendly finance succeed in a suit against suburban : Evergreen Landscapers, Inc., owes Friendly Finance Company $5,000. Evergreen enters into a contract with Suburban Office Park under which Evergreen promises to maintain the landscaping on Suburban's property.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Equilibrium price and quantity using given data

You are the manager of an organization in America that distributes blood to hospitals in all 50 states and the District of Columbia.

  Equilibrium output in perfect competition

Suppose the emarginal cost of producing the good in before question is aconstant $ 10 per unit of output . What quantity of output will the firm produce.

  How trade deficits should be handled

The U.S. trade deficit is currently running over $50 billion per month. Explain why this is bad for the country in the long run. Compare the view of the older GATT treaty, and more recently, the World Trade Organization, of how trade deficits sho..

  Illustrate how is the magnitude of each affected

Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.

  Indurtry can pay only one of the six salary

If the indurtry can pay only one of the six salary levels shown, which should it choose? How many workers will it employ?

  Explain how many units of the variable innpout should be

Explain how many units of the variable innpout should be used to maximize profits. What are the maximum profits this firm can earn.

  Bertrand model and stackelberg equilibrium

Consider the Bertrand model with no product differentiated in which each firm has a positive and fixed sunk cost F and zero marginal cost. What are the equilibrium prices and profits? Illustrate your result on a proper diagram.

  Questions related to marginal cost analysis

The price elasticity of demand for a textbook sold in the US is estimated to be -2.0, whereas price elasticity of demand for books sold in overseas markets is -3.0.

  What is their aggregate demand

When trying to assess differences in her customers, Claire - the owner of Claire's Rose Boutique - noticed a difference in the typical demand of her female versus her male customers. In particular, she found her female customers to be more price ..

  Elucidate what would you think was the reason

The government did nothing to stem the decline. From the point of view of economic policy, elucidate what would you think was the reason.

  Define the pareto optimality framework

Government consumption in our model is simply a "waste", that is it does not affect anyone's utility or affect the production process. Use the Pareto Optimality framework. For each of them,solve the social planner's problem and show the equations ..

  Elucidate why the aggregate supply curve becomes

Elucidate why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd