To estimate what the profit will be at various levels of sales volume, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. Group startsTrue or False

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Answer 1

In order to estimate the profit that will be at various levels of sales, multiply the number of units to be sold above or below the break-even point by the unit contribution margin. The statement is false.

What is profit?

Profit is total revenue less total cost. Breakeven point is the number of units produced and sold at which net income would be zero. Above the breakeven point, there would be profit and below this point, there would be losses.

The contribution margin is the price per unit less the variable cost per unit. Contribution margin doesn't account for fixed cost which must be used to determine profit.

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Related Questions

Discuss the social views that influence our relationship​

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Answer:

relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them

Answer:

well what kind of relationship?

Explanation:

Why does an inverted yield curve serve as a predictor of a recession?.

Answers

An inverted curve reflects the bond market's expectation for the Fed to cut rates down the line. The Fed normally cuts rates in response to an economic downturn, hence why an inverted curve could be a recession signal.

What is the main idea of this text?

Mari Copeny takes action to save her city

Readwork
For more information ask

Answers

Answer:

Mari's activism helped people around the country to learn more about the problems in her town.

Question 6 of 20
which skill is part of financial literacy?
o a. calculating the national debt
o b. identifying barriers to trade
o c. comparing trade blocs
d. planning for retirement

Answers

The skill which is a part of financial literacy is the calculation of national debt.

Option A is the correct answer.

What is financial literacy?

Financial literacy is the capability of an individual to make informed decisions regarding the management of monetary matters.

The skills which are required in financial literacy are the capability to utilize the financial data and resources for evaluating the financial dues, credits, investments, borrowings, and budgetary statements for future use.

Therefore, the computation of national debt is regarded as one of the components of financial literacy.

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32. When Economic decisions are made by individuals and are based on exchange, or trade this is called ____________________________________________________________.

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The given statement defines the meaning of market exchange. Market exchange is defined as a process where economic decisions are made by individuals and are based on exchange, or trade. In market exchange, individuals engage in trade with others in the marketplace to obtain goods and services they require.

This process of market exchange includes all forms of transactions that take place in a market economy. Market exchange is a crucial element of a market economy.

It creates incentives for people to specialize in producing certain goods and services. Specialization, in turn, results in greater efficiency and productivity. This efficiency and productivity help increase the wealth of individuals and society. Market exchange encourages innovation and competition. Innovators can sell their ideas and inventions in the marketplace and compete with others in the same market.

The competition in the marketplace encourages people to work hard, be creative, and produce better goods and services. Hence, market exchange plays a crucial role in the growth and development of an economy and is essential for the well-being of society.

Market exchange is a process where economic decisions are made by individuals and are based on exchange, or trade. It is a crucial element of a market economy that creates incentives for people to specialize in producing certain goods and services.

Market exchange encourages innovation and competition that plays a crucial role in the growth and development of an economy and is essential for the well-being of society.

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Demand is said to be ___________ when the quantity demanded is very responsive to changes in price. group of answer choices

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Demand is said to be Elastic when the quantity demanded is very responsive to changes in price.

What is Elasticity of Demand?

Demand responsiveness to changes in other market variables is measured by demand elasticity. The price elasticity of demand, for instance, indicates how much demand will change in response to a change in a product's price.

Both elastic and inelastic demand exists. Demand that is elastic is more responsive to changes in the variables being measured against. Products that are inelastic are less sensitive to the changes being measured.

The slope of the demand curve and price elasticity of demand is directly correlated. The law of demand, which states that consumers will demand a greater quantity of goods at lower prices and a lesser quantity of goods at higher prices, was most likely covered in your very first economics course. The downward sloping of demand curves is explained by the law of demand.

Thus the Law of demand directs the elasticity of demand.

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Why are people engaged in business?? Write in points



(Note:Please don't give me silly answer)​

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Answer:

they are able to set their own hours and policies.

Establish prices.

Mall Critical decisions on how to operate the company.

Some people don't want to work for a boss. Others have an innovative mind or brilliant idea

People also engage in business to make a difference in the world.

-1 Name the Act that makes provision for employees to improve their work performance.​

Answers

A good boss if there is no hood boss there is no good employees

At the end of the month, you have only $10 left in your checking account. You deposit your $200 pay­check from your part-time waitressing job, but the restaurant is not doing well and your paycheck bounces. Your bank holds you accountable and charges you $50 for depositing a bad check. What is the balance of your checking account after attempting to deposit your bad paycheck?

Answers

Answer:

the money left in your account is $ 460 because you deducted $ 50

Explanation:

TRUE / FALSE. the export/gdp ratio has generally declined worldwide in recent decades.

Answers

False. The export/GDP ratio has generally increased worldwide in recent decades. Globalization and advancements in technology have facilitated international trade.

Leading to higher export levels relative to GDP. Countries have increasingly focused on expanding their exports to drive economic growth and take advantage of comparative advantages. The rise of multinational corporations and global supply chains has also contributed to the growth in exports. However, it's worth noting that specific countries or regions may have experienced fluctuations in their export/GDP ratio due to various factors such as economic crises, trade policies, or shifts in global demand.

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skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math

Answers

Communication is the answer

Click this link to view o*net’s skills section for chefs. according to o*net, what are other common skills chefs need? check all that apply installation monitoring management of personnel resources critical thinking time management technology design

Answers

According to O*NET, other common skills chefs need include: Installation, Monitoring, Management of personnel resources, Critical thinking, Time management, Technology design, Operation monitoring, Equipment maintenance, communication.

Meaning: The O*NET programme is the main repository for occupational data in the country. The O*NET database, which contains data on hundreds of standardized and occupation-specific characteristics, is essential to the project. By polling a wide range of employees from each occupation, the database is continuously updated.

The most important soft skill for chefs and head cooks is to possess is time management, Excellent listeners, communicators who use proper language, and relationship builders.

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The following question may be like this:

Click this link to view o*net’s skills section for chefs. According to O*NET, what are common skills needed by Chefs and Head Cooks? check all that apply

Answer: monitoring

management of personnel resources

critical thinking

time management

Explanation: trust me

is a system for gathering information from respondents by continuously monitoring the advertising, promotion, and pricing they are exposed to and the things they buy. online research communities an online focus group scanner-based research a web survey system

Answers

The system described in the question is called scanner-based research. Scanner-based research is a method of gathering information from respondents by continuously monitoring the advertising, promotion, and pricing they are  exposed to, as well as the products they purchase.

This type of research relies on barcode scanning technology to collect data directly from consumers at the point of sale. Here is a step-by-step breakdown of how scanner-based research works: Continuous monitoring: Scanner-based research involves the continuous monitoring of consumers' purchasing behavior. This is done by using barcode scanners at the checkout counters of retail stores. These scanners record the purchases made by individual consumers and capture detailed information about the products, such as the brand, size, and price. Advertising and promotion tracking: By tracking the products consumers purchase, scanner-based research can also monitor the advertising and promotion efforts that influence their buying decisions.

For example, if a consumer purchases a product that was recently advertised on TV or offered a special promotion, the scanner-based research system can link that purchase to the corresponding advertising or promotion. Pricing analysis: Another aspect of scanner-based research is analyzing pricing trends. By collecting data on the prices of different products over time, researchers can gain insights into how pricing affects consumer behavior. For instance, they can identify price changes that lead to changes in demand or shifts to competing brands.

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If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work.

Answers

The value of price elasticity of demand is -4, which means that the demand for the product is highly elastic.

Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)
Using the information provided, we can calculate the percentage change in quantity demanded:
40% decrease in quantity demanded = (New Quantity Demanded - Old Quantity Demanded) / Old Quantity Demanded
-40 = (New Quantity Demanded - Old Quantity Demanded) / Old Quantity Demanded
Solving for New Quantity Demanded:

New Quantity Demanded = Old Quantity Demanded * (1 - 40%)
New Quantity Demanded = Old Quantity Demanded * 0.6
Now, we can calculate the percentage change in price:
10% increase in price = (New Price - Old Price) / Old Price
0.1 = (New Price - Old Price) / Old Price

Solving for New Price:
New Price = Old Price * (1 + 0.1)
New Price = Old Price * 1.1
Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)
Price Elasticity of Demand = (-40%) / (10%)
Price Elasticity of Demand = -4
The value of price elasticity of demand is -4, which means that the demand for the product is highly elastic. A small change in price results in a significant change in quantity demanded. In this case, a 10% increase in price leads to a 40% decrease in quantity demanded, indicating that consumers are very sensitive to changes in price.

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lucy has asked her staff to think of an ways for the company to gain a competitive advantage in social media. despite staff complaints, lucy feels the need to take action and has encouraged staff members to make social media a high priority in development before another company takes the advantage. how is mary overcoming resistance with her staff?

Answers

Mary overcoming resistance with her staff by creating urgency.

How to overcome resistance in business?

Overcoming Resistance to Change in Business: When considering change inside a company, you may find that even the majority of dedicated and hardworking people will develop some level of resistance. To overcome this opposition, you need anticipate, plan, and employ proactive methods and tactics.

At the same time, you must reassure staff that, while things may be changing, you remain dedicated to the overall results. This form of reassurance may persuade employees to accept a new organisational shift and programme far more easily than in the past.

One of the most effective ways to overcome employee opposition to change is to simply talk to everyone.

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What ways can you improve a company?

Answers

1. Embrace transparency. Transparency isn't just positive for employees

2. Recognize and reward valuable contributions.

3.Cultivate strong coworker relationships

4. Embrace and inspire employee autonomy

5. Assist Your Team Members in Reaching Goals

​Officer Desai has been called to the scene where a recent model dark blue four-door BMW automobile is sitting on the shoulder of the road, unoccupied, with apparently recent damage to the front bumper of the vehicle and shell casings on the driver's seat. There is nobody around the car. When the officer's sergeant arrives they discuss what to do about the car. If this vehicle matches the description of a vehicle stolen that morning from a bank parking lot, they:

Answers

Answer:

Explanation:

In this type of situation, the Sergeant should report the car as found, then look for any evidence that may be of importance in connecting the dots as to what happened. This evidence may include the shell casings to know what type of gun was fired, or even any documentation or personal belongings left by the individuals who were driving the car. All of this information can be vital to solving what exactly happened.

Which of the following leadership theories offers answers about whether there is an optimism way for leaders to adjust their behaviors with different followers in which factors should the leader base his behavior on?

Answers

Answer:

path-goal theory

Explanation:

The path-goal theory is one that gives the leader the possibility to adapt his behavior according to individual and collective needs in the work environment. This theory aims to ensure that the leader recognizes the needs of each employee and indicates the path necessary to achieve the objectives and goals of the organization.

This model aims to achieve greater motivation and productivity with a leadership model based on the fulfillment of the employee's individual expectations in relation to their work.

write a memo to employees outlining the security guidelines for using the hospital's laptops offsite

Answers

Adhere to physical security, network security, password protection, data encryption, software updates, and reporting protocols when using hospital laptops offsite.

[Your Name]

[Your Position]

[Date]

Subject: Security Guidelines for Offsite Use of Hospital Laptops

Dear Team,

As part of our commitment to maintaining the security and confidentiality of patient information, it is essential that we adhere to proper security measures when using hospital laptops offsite. This memo serves as a reminder and outlines the guidelines to be followed to ensure the protection of sensitive data. Please familiarize yourself with these guidelines and strictly adhere to them whenever using hospital laptops outside of the premises.

1. Physical Security:

  a. Always keep the laptop in your possession or stored securely when not in use.

  b. Avoid leaving laptops unattended in public places or in vehicles.

2. Network Security:

  a. Connect to secure and trusted networks only. Avoid using public Wi-Fi networks, as they can pose significant security risks.

  b. Utilize a Virtual Private Network (VPN) when accessing hospital systems or sensitive data remotely.

3. Passwords and Access Control:

  a. Ensure your laptop is password-protected with a strong and unique password.

  b. Do not share your login credentials or allow unauthorized individuals to use your laptop.

4. Data Protection:

  a. Encrypt sensitive data stored on the laptop using hospital-approved encryption software.

  b. Avoid downloading or saving patient data on personal or unsecured external devices.

5. Software Updates and Anti-malware:

  a. Keep the laptop's operating system and antivirus software up to date with the latest patches and security updates.

  b. Run regular scans to detect and remove any potential malware or viruses.

6. Reporting:

  a. Report any suspected security incidents, lost or stolen laptops, or unauthorized access immediately to the IT department or your supervisor.

By adhering to these guidelines, we can collectively contribute to safeguarding patient information and maintaining the hospital's security standards. Failure to comply with these guidelines may result in disciplinary action and compromise the trust our patients place in us.

If you have any questions or need further clarification, please contact the IT department. Thank you for your cooperation in upholding our commitment to data security.

Sincerely,

[Your Name]

[Your Position]

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replacement involving a life policy or annuity includes; lapsing a policy, converting to reduced paid-up insurance, reissuing a policy with a reduction in cash value,

Answers

True, replacement involving a life policy or annuity includes; lapsing a policy, converting to reduced paid-up insurance, and Reissuing a policy with a reduction in cash value.

An insurance policyholder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, like critical illness or terminal illness, may also result in payment, depending on the terms of the contract. Benefits from life insurance policies may be used to assist with final expenses after your death. Funeral or cremation expenses, uninsured medical expenses, estate settlement costs, and other unpaid debts may fall under this category. A life policy can be helpful, especially for parents of young children, people who support a spouse, and people who care for the disabled. Though, It is not necessary for life insurance to be a part of everyone's estate plan.

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write the answers down like this pleaseeeeee
''1)??''

write the answers down like this pleaseeeeee ''1)??''

Answers

The definition of the terms in the image is given below as they are correctly matched:

The Definition of the terms

Asset: An asset is any resource or property that has value and can be owned by a person, business or organization. Examples of assets include cash, property, investments, inventory, and equipment.

Debit: A debit is an accounting entry that represents an increase in assets or a decrease in liabilities or equity. In double-entry bookkeeping, a debit entry is recorded on the left-hand side of an account ledger.

Credit: A credit is an accounting entry that represents an increase in liabilities or equity or a decrease in assets. In double-entry bookkeeping, a credit entry is recorded on the right-hand side of an account ledger.

Capital: Capital refers to the money invested in a business by its owners or shareholders. It can also refer to the assets owned by a business that can be used to generate income.

Liabilities: Liabilities are debts or obligations owed by a business to other parties. Examples include loans, accounts payable, and taxes owed.

Cash payments: Cash payments refer to any money paid out by a business or individual for goods, services, or other expenses.

Profit: Profit is the amount of money that a business earns after subtracting all of its expenses from its revenue.

Cash receipts: Cash receipts refer to any money received by a business or individual for goods, services, or other income.

Owner's equity: Owner's equity represents the residual value of a business after all liabilities have been paid off. It is the value of the assets that the owner or owners of the business can claim as their own.

Transactions: Transactions refer to any exchange of goods or services that takes place between two or more parties.

Sole trader: A sole trader is a business owned and operated by a single person.

Income: Income refers to any money earned by a business or individual from the sale of goods or services.

Expenses: Expenses refer to any money spent by a business or individual in order to generate income or operate a business.

Accounting equation: The accounting equation is a fundamental principle of accounting that states that assets must always equal liabilities plus owner's equity.

Loss: A loss occurs when a business's expenses exceed its revenue, resulting in a negative net income.

Bank: A bank is a financial institution that accepts deposits from customers and provides loans and other financial services.

Subsidiary journal: A subsidiary journal is a book of accounts that records transactions for a specific type of transaction, such as purchases or sales. It is used to simplify the process of recording transactions in the general ledger.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

consumers will make spending adjustments due to a direct change in disposable income when

Answers

Consumers will make spending adjustments due to a direct change in disposable income when there is a decrease in taxes when there is a decrease in wages and there is a decrease in the price level. Here option E is the correct answer.

When there is a decrease in taxes: One possible scenario where there is a direct change in disposable income is when taxes are lowered. In this case, consumers may have more disposable income to spend and may increase their spending accordingly.

When there is a decrease in wages: Another scenario is when there is a decrease in wages, which would result in a decrease in disposable income. In this case, consumers may have to make spending adjustments by cutting back on discretionary spending.

When there is an increase in interest rates: If interest rates rise, borrowing becomes more expensive, and consumers may reduce their spending accordingly.

When there is a decrease in the price level: If there is a general decrease in the price level of goods and services, consumers may have more purchasing power and may choose to increase their spending.

Complete question:

Consumers will make spending adjustments due to a direct change in disposable income when

A - when there is a decrease in taxes

B - when there is a decrease in wages

C - when there is an increase in interest rates

D - when there is a decrease in the price level

E - all of these

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An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy. What is the term used to describe the situation above

Answers

Answer: adverse selection

Explanation:

From the question, we are told that an

insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.

The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.

A ________ is a type of business organization that is very similar to a partnership, but is usually formed for one particular event or purpose, instead of an ongoing concern.

Answers

A Limited Liability Company (LLC) is a type of business organization that is very similar to a partnership, but is usually formed for one particular event or purpose, instead of an ongoing concern.

An LLC is a business entity with all the protection of a corporation plus the ability to pass through any business profits and losses to your personal income tax return. An LLC is a hybrid type of business structure where the owners of the LLC are called “members,” and all enjoy the advantages that an LLC has to offer.

A Limited liability company (LLC) is a business structure that offers limited liability protection and pass-through taxation. As with corporations, the LLC legally exists as a separate entity from its owners. Therefore, owners cannot typically be held personally responsible for the business debts and liabilities.

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_____ may provide prepaid shipping labels for you to send in your used cartridges. Select all that apply.

Answers

The businesses that may provide shipping labels for you are:

recycling companies that pay for used cartridgesprinter manufacturers

The used cartridges can be recycled by taking them to the companies that may buy them.

What are recycling companies?

These are those companies that collects waste and help to transport and dispose them off in an environmentally friendly way.

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Maverick Backpacks makes backpacks. They have a monthly fixed cost level of $50,000 and marginal costs of $3. 00 per backpack. They wholesale their backpacks for $10. 00 each. Calculate the breakeven point. What is their profitability at the following production levels: 5,000, 10,000 and 15,000 units per month?

Answers

The profitability at a production level of 5,000 backpacks per month is $15,000, at 10,000 backpacks per month is $20,000, and at 15,000 backpacks per month is $55,000.

To calculate the breakeven point, we need to find the production level at which the total revenue is equal to the total cost.

Let's denote the monthly production level by Q.

Total Revenue = Wholesale Price * Q = $10.00Q

Total Cost = Fixed Cost + Marginal Cost * Q = $50,000 + $3.00Q

At the breakeven point, Total Revenue = Total Cost. So we can set up the following equation

$10.00Q = $50,000 + $3.00Q

Solving for Q, we get

$7.00Q = $50,000

Q = 7,143 backpacks

Therefore, the breakeven point for Maverick Backpacks is 7,143 backpacks per month.

To calculate profitability at different production levels, we can use the following formula

Profit = Total Revenue - Total Cost

At a production level of 5,000 backpacks per month

Total Revenue = $10.00 * 5,000 = $50,000

Total Cost = $50,000 + $3.00 * 5,000 = $65,000

Profit = $50,000 - $65,000 = -$15,000

At a production level of 10,000 backpacks per month

Total Revenue = $10.00 * 10,000 = $100,000

Total Cost = $50,000 + $3.00 * 10,000 = $80,000

Profit = $100,000 - $80,000 = $20,000

At a production level of 15,000 backpacks per month

Total Revenue = $10.00 * 15,000 = $150,000

Total Cost = $50,000 + $3.00 * 15,000 = $95,000

Profit = $150,000 - $95,000 = $55,000

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If you could implement a training program , what training program would it be and why?.

Answers

Answer:

Plan a training program properly. ... Show that the goals are achievable and what must be demonstrated in terms of consistency to show that training is complete and successful. Set clear targets. Use the best person to deliver the training – their knowledge and enthusiasm will be the example that the trainees follow.

Explanation:

The common good is not the same as the sum of individual preferences (CSDC 164). Explain the difference, using an example. Furthermore, what is the difference between a private and public good in economic theory? Please provide detailed answer.

Answers

The difference lies in the fact that: the common good focuses on the well-being of society as a whole, whereas the sum of consumers preferences concentrates on satisfying the desires of each individual.

For example, imagine a community deciding between building a park or a shopping mall. The sum of individual preferences might favor the mall, as more people may personally prefer shopping over outdoor activities.

However, the common good may favor the park, as it promotes health, well-being, and social interaction for the entire community, even if it isn't the first choice for some individuals.

In economic theory, the difference between private and public goods is mainly based on their properties of excludability and rivalry.

Private goods are excludable, meaning only those who pay for them can access them, and they are rivalrous, meaning one person's consumption of the good reduces its availability for others. Examples include food, clothing, and electronics.

On the other hand, public goods are non-excludable and non-rivalrous. This means they are available to everyone, and one person's consumption does not affect others' ability to consume the same good.

Examples include clean air, national defense, and public parks. Public goods often require government intervention to ensure their provision, as private markets may not provide them adequately due to free-rider problems and lack of profit incentives.

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A prospective buyer made an offer to purchase a property. The owner responded with a counteroffer. While the buyer was reviewing the counteroffer, the owner received a better offer. The owner can accept the second offer if
1. it satisfies or exceeds all terms included in the counteroffer.
2. the owner withdraws the counteroffer before it is accepted.
3. the owner gives the first buyer notice that another offer was received and an opportunity to revise the bid.
4. the first buyer is informed, in writing, of the owner's intent to accept another offer.

Answers

Answer:

2, the owner withdraws the counteroffer before it is accepted.

Explanation:

When an offer is met with a counteroffer, until the counteroffer is accepted, there is always still the chance to withdraw the counteroffer. This usually happens when there is a new development as regards the offer.

From the above question, it can be seen that the owner of  the property responded with a counteroffer to the buyer's offer. Now, while the counter offer is being considered by the buyer, the owner gets a better offer and as such needs to withdraw the counteroffer given to the buyer.

Since there hasn't been any positive response to signify interest or agreement to the counteroffer, the counteroffer can still be withdrawn by the buyer as there is no contract yet.

In the event that, the buyer accepts the counteroffer of the owner, the new offer will have to be forgone as there is an agreement already.

Cheers.

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