Pablo contracts to sell his house and lot to katie for $1 million dollars. the terms of the contract call for katie to make deposit of 10 percent of the purchase prices as a down payment. the terms further stipulate that should the buyer breach the contract, pablo will retain the deposit as liquidated damages. katie makes the deposit, but because he expected financing of $900,000 balance falls through, she breaches the contract. a few weeks later, palbo sells the house and lot to maria for $1,050,000. katie demands her $100k back, but pablo refuses, citing that katie's breach and the contract terms entitle him to keep the deposit. discuss who is correct.

Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)