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2 years ago

10

Cross-price elasticity of demand is used to determine whether a product is an inferior or normal good a product is a necessity o

r a luxury two products are substitutes or complements price and total revenue are directly or inversely related the product's demand curve is linear

1 answer:

Ipatiy [6.2K]2 years ago

4 0

elasticity means if a products demand is high like Iphone,Yeezy,Supreme

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A broker's listing agreement specifies that a 5Â½% commission is to be paid on the sale price. The sales associate for the firm

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The amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.

Sales associate's commission

First step find the total commission

Total commission=$369,000 sale price × .055 rate

Total commission= $20,295

Second step find the sales associate's commission

Sales associate's commission=$20,295 total commission × .55 split

Sales associate's commission=$11,162.25

Inconclusion the amount that the sales associate earn if she sells the property for $369,000 is $11,162.25.

Learn more about sales associate's commission here:brainly.com/question/930797

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