Answer:
The transaction price for the land and related royalty payment is $2,950,000
Explanation:
Transaction cost is a fixed and certain cost where an exchange is made. Here the specific cost is $2,950,000 only, since this is the undefined selling cost. 1% commission ought not be considered here, on the grounds that it depends on deals and the deal figure may change in future. In this manner, the measure of commission isn't sure. Therefore, the transaction cost is $2,950,000
Answer:
The correct answer is <u><em>$353,518</em></u>
Explanation:
This means Exeter will be sending out more than 117,000 catalogs. While there are only 50,000 customers in the database, the number of products they have already purchased means that we can effectively send a customer more than one catalog to get maximum results.
However, sending each customer all the catalogs or sending them a random set will be even more costly and will lead to poor results and conversion of sales.
Answer:
C) The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it
Explanation:
The bid price refers to a price that should be high for an investor to pay for per share
While on the other hand, the ask price refers to a price that should be low i.e. the seller accept at that price
And, the difference between the two is known as the spread
So here the bid ask spread satisfied the C option as it is fits to the given situation
Hence, the correct option is C.
Answer: c. Allocative efficiency
Explanation:
When an economy is experiencing allocative efficiency, it means that goods in the economy are being produced according to consumer preferences. This means that if consumers want a certain good in a certain quantity, the economy will produce that good in that quantity.
This is the case here. You saw that consumers wanted a good and you went ahead and produced it therefore giving consumers what they wanted.