Answer: I believe it’s D.
Explanation: as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases
The answer is D. Please don't discriminate if I'm wrong.
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6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.
<h3>What is the cost of selling a home?</h3>
Several costs usually arises due to the fact that a person wants to sell the home that they own.
One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.
Read more on commission fees here:
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Status quo pricing objective de-emphasizes price and can lead to a climate of nonprice competition in an industry. Status quo—seeks to maintain a consistent level of profit made from a certain product by keeping your product pricing comparable to those of the same or similar items sold by your competitors in order to avoid beginning a price war.
The soft drink industry is an often used illustration of status quo pricing. Be it a Pepsi or a Coca-Cola product, the cost of a bottle of soda tends to be quite constant. Coca-Cola and Pepsi often represent the status quo in terms of pricing.
To learn more about quo pricing, click here.
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Answer:
The correct answer is: As the interest in a product goes up, the price goes up.
Explanation:
Increasing interest and thus increasing demand leads to increased demand for a particular good or service. In this respect, as production remains constant, the increased demand for goods or services pressures the supply of this good or service, culminating in its price increase.