Answer:
Of course a sales agent can be involved, although they will probably charge a fixed amount and not a sales percentage. Many people probably need the help of a sales agent to fill out legal forms, including contracts, etc. Not everyone has the knowledge to prepare them or simply fill them out, and a sales agent can be helpful.
Answer:
Credit accumulated depreciation for 2017 is $46,000
Explanation:
Accumulated depreciation increases as a result of increase in depreciation charged on fixed assets.
Given that:
Accumulated Depreciation = $48,000
Deferred Gain on Transfer = $12,000
Amortization of Gain = Deferred Gain on Transfer / 6 years remaining = $12000 / 6 = $2000
Credit to Accumulated Depreciation for 2017 = Accumulated Depreciation - Deferred gain on transfer = $48000 - $2000 = $46000
Answer:
Explanation:
Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products
At high price levels, demand tends to be elastic and the price effect is small relative to the output effect.
Answer:
She is unfamiliar with the <u>"mere exposure effect."</u>
Explanation:
When an individual hear or see something many times, he/she develops a preference for that thing merely, the reason is that an individual is so much familiar with that, this phenomenon is known as mere-exposure effect. Sometimes we also develop that effect when we watch any tv program so many times that we develop much familiarity with that program.