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Alexus [3.1K]
3 years ago
11

A salesperson working for Broker A sells a $150,000 home listed with another brokerage. The listing commission is 6.5 percent of

the selling price. Of this amount, 5 percent is payable to the referral network that referred the buyer, 35 percent goes to the listing broker, and 60 percent belongs to the cooperating broker. Broker A and the salesperson agreed that she would receive 55 percent of any commission that she generated for their office. For this transaction, she is entitled to receive:_____________
Business
1 answer:
Taya2010 [7]3 years ago
8 0

Answer:

She is entitled to $3,217.5

Explanation:

First the amount the brokers and sales person are interested in is 6.5% of the selling price ($150,000). so calculating 6.5% of the selling price;

6.5% = 6.5/100 = 0.065

∴ 6.5% of $150,000 = 0.065 × 150,000 = $9,750

Next, we are interested in the cooperating broker (Broker A), who the sales person works for. Note that a cooperating broker is the broker who facilitates a real estate transaction, along with a listing broker who listed the property, and in this case the listing broker is Broker A, who the sales person works for.

We are told that the cooperating broker takes 60% of the listing commission ($9,750);

Therefore, 60% of $9,750 = 0.6 × 9,750 = $5,850

Next, we are also told that out of this amount, the sales person is responsible for 55% of the listing commission entering the cooperate broker's office;

Therefore, 55% of $5,850 = 0.55 × 5,850 = $3,217.5

Therefore the sales person is entitled to $3,217.5

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Negative externalities that arise from the production of a gooda. cause an increase in the demand for the goodb. cause a decreas
Dennis_Churaev [7]

Answer:

The correct answer is option c.

Explanation:

Externalities refers to the situation in which costs or benefits arising from the activities of someone are incurred or  received by the some other third party.

Externalities can be classified into two types, namely, positive and negative.

In case of negative externalities the cost arising from the activities of some person are incurred by a third party.

Negative externalities lead to market failure.

6 0
2 years ago
Shelly’s preferences for consumption and leisure can be expressed as U(C, L) = (C – 100) * (L – 40). This utility function impli
ludmilkaskok [199]

Answer:

Explanation:

U(C, L) = (C – 100) × (L – 40)

(a) C = (w - t)[110 - L] + 320

C = 10[110 - L] + 320

C + 10L = 1420

where,

C- consumption

w - wages

t - taxes

L - Leisure

(b) Given that,

L = 100 then,

C = 420

MRS=\frac{MU_{L} }{MU_{C} }

MRS=\frac{C-100 }{L-40}

MRS=\frac{320}{60}

              = 5.33

(c) L = 110

C = 320

Reservation wage:

MRS=\frac{C-100 }{L-40}

MRS=\frac{220}{70}

= 3.14

(d) At optimal level,

\frac{C-100}{L-40}=\frac{10}{1}

C - 100 = 10L - 400

C - 10L = -300

C = 10L - 300

Using budget constraint:

C + 10L = 1420

10L - 300 + 10L = 1420

20L = 1720

L* = 86 and C* = 560

4 0
3 years ago
You can have your cake or chose to eat it
Oksi-84 [34.3K]

Answer:

Exclude people from your property

4 0
2 years ago
Read 2 more answers
A news article details the destruction of a recent earthquake. Which of the following are readers of the article likely to do as
elena55 [62]

A news article details the destruction of a recent earthquake. Readers of the article likely to do as result are Overestimate their risk of earthquakes. Thus option A is correct.

<h3>What is Earthquake?</h3>

Earthquakes is referring to a kind of natural disaters which occurs due to the movement of tectonic plates. when these tectonic plates move and collapse with one another results in an earthquake.

When a news article shows destruction related to earthquakes people will most likely analyze their risk from earthquakes and evaluate whether they are safe from them or not.

Therefore, option A is appropriate.

Learn more about Earthquakes, here:

brainly.com/question/1296104

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7 0
2 years ago
Cheese makers in Wisconsin sell their leftover brine to local city and county highway​ departments, which use it in conjunction
alexdok [17]

Answer:

A) By product pricing

Explanation:

If you are able to sell your companies by products it is a great way to make more money and to reduce costs. Imagine if the cheese factories needed to throw away all that brine. They would need to develop some waste disposal facility which obviously costs money to build and operate. Instead they are lowering their costs by selling it and at the same time are getting more money. They would probably even give it away for free if no one was willing to pay for it.

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