Answer: c. A nonagency relationship with everyone in the office.
Explanation:
For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.
With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.
Answer:
no surplus or shortage
Explanation:
Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied
If demamd increases by 100, new equilibrium is 40
Thus, ceiling price equal equilibrium
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
It leads to shortages
it leads to the development of black markets
it prevents producers from raising price beyond a certain price
It lowers the price consumers pay for a product. This increases consumer surplus
Answer:
i think your answer is correct
Explanation:
hello
Government enhances the operation of the market system by providing an appropriate legal foundation and promoting competition. Transfer payments, direct market intervention, and taxation are among the ways in which government can lessen income inequality.
Combination of forecasting models is likely to lead to the lowest rmse of the combined forecast is AR and MA models.
Combining forecasts, from time to time called composite forecasts, refers back to the averaging of unbiased forecasts. These forecasts may be primarily based totally on special statistics or special techniques or both. The averaging is performed the usage of a rule that may be replicated, together with to take a easy common of the forecasts.
The AR element includes regressing the variable on its very own lagged (i.e., past) values. The MA element includes modeling the mistake time period as a linear mixture of mistakess phrases going on contemporaneously and at diverse instances withinside the past.
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