Answer: c. $19
Explanation:
Under the FINRA 5% Policy, a fair and reasonable mark-up or commission is based upon the current market price of the stock not how much the dealer bought it for or rather their cost. As such, when the customer buys, which was the case in this scenario, the mark-up is charged on the <em>inside ask price</em> which in this case is $19.
Were the customer to be selling, any mark-downs will be charged on the <em>inside bid price </em>which in this case is $18.
Answer:
Statements IV and V are correct.
- The quantity of labor supplied will increase.
- The unemployment rate will increase.
Explanation:
If the minimum wage increases then more people should be willing to work (increase in the labor supply). The problem is that if the increase is above the equilibrium level, then the quantity demanded for labor will decrease, which will in turn increase the unemployment level. Less companies will be willing to hire new employees or keep current employees.
Answer:
two part pricing
Explanation:
A Two-part tariff (TPT) is a type of price gouging in which the price of a good or service consists of 2 sections-a rub-sum of the per-unit fee. Such a selling strategy generally occurs except in part or entirely monopolistic industries. It is built to allow the company to absorb more surplus value in a non-discriminatory pricing framework than it ever has before.
Two-part tariffs in open markets can also occur when customers are unsure regarding their final requirement. Consumers of fitness centers, for instance, may be unsure regarding their degree of potential dedication to an exercise routine.
Answer:
Highest and best use
Explanation:
The highest and best use principle explains the probable as well as reasonable and legal use of lands that are vacant as well as improved property. This property or land must be financially feasible and be supported appropriately so that the result gives highest value.
