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coldgirl [10]
3 years ago
10

The sellers, Mr. and Mrs. Hernandez, listed their property for $112,000 and agreed to an exclusive right to sell listing agreeme

nt at a 4% commission to be paid to Lucky Nines Estate Company at closing. The sellers sold the property themselves during the listing period for $106,000. How much commission, if any, would Lucky Nines Real Estate Company be entitled to at closing?
Business
1 answer:
snow_lady [41]3 years ago
4 0

Answer:

$4,240

Explanation:

A listing contract is a contract between the owner of a property and real estate broker. It's a legal document that gives the real estate broker the rights to sell your home.

In this case, since the house was sold by the owners during the listing period, the real estate company is entitled to the 4% on sale agreed upon.

Thus,

Commission entitled = 106,000 × 4%

= 106,000 × 0.04

= $4240

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Difference between qualified and ordinary dividends
DedPeter [7]

Answer:

A qualified dividend is taxed at the capital gains tax rate and ordinary dividends are taxed at standard federal income tax rates. Qualified dividends must meet special requirements put in place by the IRS.

Explanation:

4 0
2 years ago
Christopher likes cupcakes (C) and muffins (M). His preferences can be represented by the utility function U(C, M) = C0.5M0.5. H
Tatiana [17]

Answer:

16 cupcakes

Explanation:

U(C, M) = C⁰°⁵ x M⁰°⁵ = √C x √M

total utility obtained by eating 16 cupcakes and 4 muffins = √16 x √4 = 4 + 2 = 6

since the bakery is out of muffins, then utility function = √C x √2 = √C x 1.4142

√C x 1.4142 = 6

√C = 6 / 1.4142 = 4.2426

C = 4.2426² = 18

since there were 2 cupcakes left, Christopher must purchase 18 - 2 = 16 cupcakes

8 0
3 years ago
When the price of football tickets increases, the substitution effect decreases the number of tickets bought from?
adell [148]
It will bought from higher quantity to lower quantity
When the price of the tickets increases, a number of people who can buy it will decrease which resulted in lower quantity of the total sales.
The only consumer segments that wouldnt be affected by the price changes probably only the loyal fans that basically will follow their teams wherever they go.

8 0
3 years ago
Say that the average worker in Canada has productivity of $33 per hour while the average worker in the United Kingdom has produc
12345 [234]

Answer:

The answer is: Canadian workers will still have a higher productivity, it will be $0.40 per hour higher.

Explanation:

We can elaborate the following productivity table:

Year     Canadian productivity                 British productivity

0                   $33 per hour                        $29 per hour

1                   $33.33 per hour                    $29.87 per hour

2                  $33.66 per hour                    $30.77 per hour

3                  $34 per hour                         $31.69 per hour

4                  $34.34 per hour                    $32.64 per hour

5                  $34.68 per hour                   $33.62 per hour

6                  $35.03 per hour                   $34.63 per hour

At the end of year 6, Canadian workers' productivity will be $35.03 and British workers' productivity will be $34.63 per hour (Canadian workers will be $0.40 more productive).

6 0
3 years ago
What are some ways that technology could be used to benefit learners of a culture?
777dan777 [17]

Answer:

Removes cultural and language barriers.

For students who may struggle to fit in, technology tools provide a way to engage and equalize—web tools, cameras, word processors, software, can help create opportunities for independence and inclusion.

Explanation:

hope it will help you have a great day bye:)

8 0
2 years ago
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