_______________________: A forced sale or a desperation purchase can cause unequal bargaining power between buyers and sellers. more commonly, personal relationships may cause a transaction price to be lower than true market value, as when a parent " sells" real estate to a son or daughter.
Fill in the blank(s) with the appropriate word(s).
Ans: Conditions of Sale
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Advocates of limiting anti-trust action to cases which would promote economic efficiency believe that
a. courts should consider the distribution of income between producers and consumers. b. the welfare of small firms should be a factor in pursuing anti-trust action. c. preventing mergers that would benefit consumers constitutes a misapplication of the law. d. more competition is always preferred to less.
Explain why it may be advantageous to have technological change explained by, rather than outside of, a growth model
What will be an ideal response?
Suppose the market demand curve is P = 40 - 2Q and the constant marginal cost of production is MC = 20. Which of the following is a valid expression for the collusion curve?
A) Q = 5 B) Q1 = 5 - Q2 C) Q1 = Q2 = 5 D) Q1 = 40 - Q2
Stock in a German corporation can be purchased directly with currency from any other country
a. True b. False Indicate whether the statement is true or false