1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexus [3.1K]
3 years ago
10

An owner wants to sell his house and prefers to save the commission. He lists with a broker on the basis that if the property is

sold by a broker, the broker is entitled to a commission, but if the owner sells his own property, he owes no commission. This is an_____.
Business
1 answer:
Lilit [14]3 years ago
8 0

Answer:

Open listing

Explanation:

Open listing is a form of non exclusive listing arrangement where a home owner list his property with more than one real estate broker and the broker who is able to get a successful buyer wins the commission.

This type of listing arrangement also allows the owner of the property to sell his property by himself and he owes nobody any commission.

Furthermore , in open listing , the owner may decide to sell his property independently without the engagement of an estate agent.

You might be interested in
Researchers have found which of these to be the most popular downward influence tactics?
8_murik_8 [283]
Exchange tactics could be the most popular downward influence tactics....
3 0
3 years ago
As an it professional you may support databases, but not do any application coding, why do you think it is still important to un
Anarel [89]
It is important to understand that the styles describe different aspects of applications. For example, some architectural styles describe deployment patterns, some describe structure and design issues, and others describe communication factors. Therefore, a typical application will usually use a combination of more than one of the styles described in this chapter.
3 0
3 years ago
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos
mash [69]

Answer:

$36

Explanation:

The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price.

Selling price is $60

Contribution margin per unit?

The total sales in dollar value are $15,000, The sales in units equal to

=$15,000 /60

=250 units

Total variable costs will include variable manufacturing cost plus variable selling and administrative costs

=$4000 + $2000

=$6000

variable cost per unit will be the total variable cost divide by units produced

=$6000/250

=$24

Contribution margin per unit = $60- $24

=$36

6 0
3 years ago
Which of the following benefits could an organization reasonably expect from an effective budget program? Select one: a. Better
boyakko [2]

Answer: d. All of the above.

Explanation: Budgeting is simply the activity of constructing a budget which in turn is defined as any amount of money or resources earmarked for a particular institution, activity or time-frame. An effective budget program is quite significant to both planning and controlling processes and is employed by managers and executives to plan, monitor and control various activities at every level of an organization or business creating better and tighter controls on an organization's costs, activities and communication.

3 0
3 years ago
When tolls on the Dulles Airport Greenway were reduced from $1.75 to $1.00, traffic increased from 10,000 to 26,000 trips a day.
Artemon [7]

Answer:

Price elasticity of demand, P_{ED} = 1.63

Explanation:

We know,

Price elasticity of demand, P_{ED} = \frac{Percentage change in Quantity Demanded}{Percentage change in prices}

We will be using mid-point method to calculate the price elasticity.

Here,

Percentage change in Quantity demanded = \frac{Q_{1} - Q_{0}}{\frac{Q_{1} + Q_{0}}{2}} × 100

or, Percentage change in Quantity demanded = \frac{26,000 - 10,000}{\frac{26,000 + 10,000}{2}} × 100

Therefore, % change in Quantity demanded = \frac{16,000}{18,000} × 100 = 88.89%

Again,

Percentage change in price = \frac{P_{1} - P_{0}}{\frac{P_{1} + P_{0}}{2}} × 100

or, Percentage change in price = \frac{1.00 - 1.75}{\frac{1.00 + 1.75}{2}} × 100

Therefore, Percentage change in price = \frac{-0.75}{1.375} × 100 = - 54.55%

Therefore, Price elasticity of demand, P_{ED} = 88.89% ÷ (- 54.55%) = 1.63

We know, price elasticity is always positive. Therefore, we have to give an absolute value for price elasticity.

5 0
3 years ago
Other questions:
  • Ignacio, Inc., had after-tax operating income last year of $1,197,000. Three sources of financing were used by the company: $2 m
    6·1 answer
  • Since Anytime Pizza is open 24 hours a day, its pizza oven is constantly on and is, therefore, always using natural gas. However
    13·2 answers
  • Vulcan Company’s contribution format income statement for June is given below: Vulcan CompanyIncome StatementFor the Month Ended
    9·1 answer
  • The Gap has recently produced a new line of athletic wear that closely competes with a designer label in its quality, utility, a
    7·1 answer
  • Aspen Technologies has the following budget data: Estimated direct labor hours 10,400 Estimated direct labor dollars $63,700 Est
    9·1 answer
  • A proxy given to a caretaker to vote at stockholders shares is a: A power of attorney B trading authorization C discretionary au
    10·1 answer
  • What is the key to all conditional clauses?
    6·1 answer
  • Pollution from a factory that produces cleaners is a(n) _____ of the production process.
    13·1 answer
  • Which of the following is classified as an asset​ account?A.Notes PayableB.​Owner, WithdrawalsC.Prepaid InsuranceD.Unearned Reve
    10·1 answer
  • e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!