Marco and fred enter into a contract for the sale of marco's apartment for which fred agrees to pay him $100,000. marco cannot prohibit fred from transferring his right to the ownership of the apartment because such a prohibition is:
a. unconscionable.
b. against public policy.
c. immoral.
d. a crime.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market.who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?