The option for teh first fill in the blank are will/will not. The options for th
ID: 1140088 • Letter: T
Question
The option for teh first fill in the blank are will/will not. The options for the second one are Yvette Rina, Sean or no one
Homework (Ch 04) 16. How prices allocate resources Suppose that there are three beachfront parcels of land available for sale in Huntington and six people who would each like to purchase one parcel Assume that the parcels are essentially identical and that the minimum selling price of each is $400,000. The following table states each person's willingness and ability to purchase a parcel Jacques Kyoko Musashi Rina Sean Yvette Willingness and Ability to Purchase (Dollars,) 550,000 480,000 420,000 380,000 340,000 330,000 Which of these people will buy one of the three beachfront parcels? Check all that apply Jacques Kyokd Musashi Rina Sean Yvette Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $360,000. This fourth parcel be sold, because will purchase it from the seller for at least the minimum priceExplanation / Answer
Answer.)
1.) Jacques
2.) Kyoko
3.) Musashi
Will buy one of the three Beachfront parcels.
At the minimum price of $360,000 , this fourth parcel WILL be sold, because RINA will purchase it from the seller for at least the minimum price.