User Account

All Pages

What would be the most efficient remedy

Assignment Help Business Economics
Reference no: EM133080605

Xena has a car worth $8,000 (her subjective valuation), and she agrees to sell it to Yoram for $10,000 (which is $1000 under the latter's subjective valuation of the car). Just after the contract was signed and before the transaction is completed, a third person, Zachary, offers Xena $12,000. Assuming transaction costs are high, what would be the most efficient remedy for breach? Explain.

Reference no: EM133080605

Questions Cloud

Discuss john holland personality-job fit theory : Discuss John Holland's personality-job fit theory. identified by the Hofstede's framework for assessing cultures.
Determine the total sales during the year : Question - The break-even point for sales of Hakdog is P200,000 with a contribution margin of 40%. Determine the total sales during the year
What would the earnings per share be : The company sold an additional 10,000 common shares for proceeds of $100,000. Net income for the year was $30,000. What would the earnings per share be
What triggers the state transition : What triggers the state transition and Draw a State Transition Diagram for the states for tertiary students
What would be the most efficient remedy : Xena has a car worth $8,000 (her subjective valuation), and she agrees to sell it to Yoram for $10,000 (which is $1000 under the latter's subjective valuation o
Determine the acid-test ratio of the company : A company has $60,000 in cash, $75,000 in short-term investments, $140,000 in net current receivables, Determine the acid-test ratio of the company
Doctrine of informed consent : List and explain three legal concepts that led to the doctrine of informed consent. (please include resources)
Draw a swimlane diagram for the assessment extension : Draw a Swimlane Diagram for the assessment extension request process. Who are the participants in this process?
Determine the total shareholders equity at december : Ordinary share capital (P5 par, 250,000 shares authorized, 137,500 issued and outstanding) P687,500. Determine the total shareholders equity at December

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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