Answer:
Opening purchase
Explanation:
This happens when a buyer buys a stock or security with the aim of sustaining or increasing the long position in the stock market.
Buy to open informs the participant about the opening of new market rather than closing out on the old market.This remains open until an opposition trade takes place.
It is good to also note that a position can be open and close within a very short period.
Answer:
1 unit of X must be sacrifised to gain a unit of Y, with satisfying Budget Constraint .
Explanation:
Budget Line shows the product combinations that a consumer can buy with given prices & money income (spending all) . Equation : P1X1 + P2X2 = M
Price ratio slope of the budget line i.e = P1/P2 : shows the amount of a good needed to be sacrifised to gain a unit of the other good , given prices & income.
So, Price Ratio : PX / PY = 2 / 2 = 1 in this case; implies 1 unit of Good X is needed to be sacrifised to gain a unit of good Y with given prices & income.
Answer:
Budgeted operating expense for Credit Card transactions:
Credit Card Transaction fee $0.20 x 30,000 + 1.5% of $9,000,000 = $141,000
Explanation:
The first element of the budgeted expense is $0.20 of 30,000 transactions. This gives a value of $6,000.
The second element is 1.5% of the transaction value. This gives a value of $135,000.
When added up, we have a total of $141,000 as the total expense to be budgeted for credit card transactions.
The essence of having such separate charges is to capture the volume of transactions as well as the value. Transaction-based services are usually priced to include costs based on volume and value.
It is generally considered to be fair for the two parties involved. Sometimes, the volume may be less but the value more and vice versa. In order to compensate the service provider fairly, such arrangements are made to integrate volume and value in the pricing scheme.
Answer:
A) $50
Explanation:
Differential cost: It is that cost which shows a difference between two alternatives choices. The benefit which comes after the exchange of alternatives would be termed as differential cost.
In mathematically,
Differential cost = Buying model - usage model
= $700 - $650
= $50
Answer:
Martina as her agent can give certain advice like if the property is priced right the size of the property, negotiating with the seller or conducting inspection of the property.
However, on legal matters such as how the title should be held or taken, Martina should excuse herself and refer Christina to her lawyer for advise as real estate agents are not licensed to provide legal advice meaning they cannot answer a legal question, even if they know the answer, without breaking the law.
Explanation:
