The idea behind the allocative function of price is <span>to distribute scarce goods to those consumers who value them most highly. </span>
Allocative function is the role that prices play in directing resources away from overcrowded markets and towards markets that are underserved . <span>The allocative function of price cannot operate unless there is free entry and free exit. </span>
Answer:
First we need to find out the total commission which is 6.5%
0.065*185000=12025
Out of this the listing broker will get 50%
0.5*12025= 6012.5
Out of this the agent will get 65 percent of that
0.65*6012.5=3908.125 is the amount that the listing agent will receive from his broker.
Explanation:
To: Stacy Shoe, Allen Sock, Emma Johnson
From: Alina Kincsem (write your name here)
Subject: How to open a word processing document
Date: October 12, 2018
This is to instruct the employees to turn the computer on and open a word processing document. Following steps are to be followed in order to do this:
1. Press your PC's power button and wait until the desktop screen appears.
2. Click on the start screen at the bottom left corner.
3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.
4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.
Good luck with your task.
Answer:
B
Explanation: because none of the others make sense
Answer:
3 percent
Explanation:
A real interest rate is an interest rate which doesn't have impact of inflation and depicts the real cost of funds to the borrower and the real yield to the lender or an investor.
Inflation = (126-120)/120 = 5%
Real Interest Rate = Nominal Interest Rate - Inflation
= 8% - 5%= 3%
