Answer:
To identify and correct errors
Explanation:
There are different aspect to being a broker. To whom do the listings belong is Carter as the principal broker.
<h3>Who is principal broker?
</h3>
- Note that in real estate office, there has to be a principal or designated broker. This is known to be an individual who is responsible for managing or the person who oversees all licensed real estate agents at a specific firm.
He or she makes sure that agents are working in compliance with state and national real estate law. Based on the scenario between Carter and Kathleen and Holly, the listings belong is Carter as the principal broker.
Learn more about a broker from
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Answer:
I think maybe B?
Explanation:
I am not sure so I think its b
Answer:
C. Fall, 30%, Rise
Explanation:
- Price Elasticity of Demand is responsive change in demand, due to change in price.
P.Ed = % change in demand / % change in price.
Given : Price rise by 50% , P.Ed = 0.6
So, % change in demand = P.ed x % change in price
% change in demand = 0.6 (50)
% change in demand = 30%
Law of demand states negative relationship between price & demand, so P.ed is negative. Price rise 50% reduces demand by 30%.
- P.Ed can be : Elastic ( > 1 ), or Inelastic ( < 1 ). If P.Ed is Elastic, price & total revenue are inversely related. If P.Ed is Inelastic, price & total revenue are directly related.
So, Given PEd = 0.6 (i.e < 1 ) : Inelastic Demand implies price & total revenue are directly related related to each other. So, price fall lead to TR fall & price rise lead to TR rise.