The income elasticity in this case is 1.
<u>Explanation:</u>
In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.
Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.
The price at which a property won't sell.
<h3><u>What are expired listings?</u></h3>
The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.
These are four methods for obtaining leads from expired listings:
- Make Use of the Multiple Listing Service (MLS) to find expired listings
- Buy Expired Listings
- Ask Other Real Estate Agents
- Access public records.
Learn more about expired listings with the help of the given link:
brainly.com/question/14446560
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The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as s<span>upplies Cash
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<span>The defendant seeks to offer into
evidence the fact that the mayor was convicted two years ago of taking a bribe
to award a city contract for solid waste disposal. Yes, this is a documentary evidence
and is admissible because the mayor is already proven convicted of corruption.</span>
