A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.
Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer:
Ask the potential client to try out the accessories and give the prices.
Explanation:
Having the legs uncrossed and her arms relaxed the client is showing that is comfortable with the situation and open to accept the products offered by Kelly. The best way to proceed would be presenting her prices offer and starting the negotiation, she should pay attention to the client's behavior to know of she is willing to negotiate and acquire the products.
Answer:
= $877.32
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>
<em>Value of Bond = PV of interest + PV of RV</em>
The value of bond for Jasper Inc can be worked out as follows:
Step 1
<em>PV of interest payments</em>
<em>Semi annul interest paymen</em>t
= 4.5% × 1000 × 1/2
= 22.5
<em>Semi-annual yield</em> = 5.6/2 = 2.8% per six months
<em>Total period to maturity (in months)</em>
= (2 × 19) = 38 periods <em> (Note it was sold a year ago)</em>
<em>PV of interest = </em>
<em> </em>22.5 × (1- (1+0.028)^(-38)/0.028)
= 22.5 ×23.20871226
= 522.196
Step 2
<em>PV of Redemption Value</em>
= 1,000 × (1.056)^(-19)
= 355.128
<em>Price of bond</em>
= 522.19 + 355.12
= $877.32
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Answer:
$15,000
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
When calculating GDP, only items produced in the current year are added. The house had been sold in 2007. Adding the sale to the GDP in 2011 would lead to double counting.
It's only the amount paid to the agent that would be added to GDP.
I hope my answer helps you
