Suzette is leasing a condo from the garcias. she has been renting the condo for over three years. she renews the lease each year and, because of her loyalty and exemplarily rental history, the garcia's allow her to make any décor changes she wishes. which of the following statements is true about the relationship between the garcias and suzette?

a. the garcias own the condo in leasehold but rent it to suzette in freehold.
b. the garcias have entered into a pur autre vie lease relationship with suzette.
c. the garcias own the condo in freehold but rent it to suzette in leasehold.
d. the garcias and suzette have a tenants in common relationship.

Consider the market for gas-powered small cars. assume gas-powered small cars are a normal good. for each of the following events, identify which of the determinants of demand or supply are affected. if demand is unaffected by this event because it creates only a supply change, select the “none” option under the “demand determinant” column. similarly, if supply is unaffected by this event because it creates only a demand change, select the “none” option under the “supply determinant” column. event demand determinant supply determinant people decide to have more children. the price of electric small cars falls. the discovery of a new source of iron ore lowers steel prices. an economic recession lowers people’s wealth. a number of major car dealers decide to switch from selling gas-powered cars to selling electric cars. show the effect of the following event on the market for gas-powered small cars: people decide to have more children for each of the four independent situations, prepare the journal entries to record the exchange on the books of each company.