Answer:
Honest Dealing and disclosure
Explanation:
The real estate licensee is expected to provide full disclosure of items under his care to the unrepresented buyer. He is expected to be honest and should possess integrity.
Answer:
The correct answer is D
Explanation:
Menu costs is the costs which is referred to as the economic term and it is used for describing the cost or the expense which is incurred by the firms or the companies so that could change the prices. It is that cost in which the prices are sticky.
So, it will be known as the cost of the frequent price variations which is induced through the higher inflation.
Answer:
Explanation:
Accounting profit
Revenue Pizza- 400000
Revenue beverage 190000
Total revenue 590000
Cost of sales
Wages (55000*2) 110000
Pizza ingredients 50000
Manager 75,000
Pizza baker (60000*3) 180000
Equipment 10000
Finance cost (50000*6%) 3000
Tuition fee 2000
Total expenses 430000
Accounting Profit 160000
Implicit cost
Salary forgone 80000
Rent forgone 12000
Interest on savings (110000*5%) 5500
Total 97,500
Economic profit =(160000-97500) =62500
I will advise John to return to the teaching Job as he earns more in salary than the economic profit of doing business.
Answer:
C) in swap transactions where the trader is attempting to minimize currency exposure, the actual spot and outright forward rates are often of no consequence.
Explanation:
Swap transactions occur with negotiations based on the profitability of two goods, in relation to the profitability related to the value of a currency of a given location. As the currency value of these two goods can vary significantly, the traders involved in this process always seek to minimize currency exposure, as well as real cash rates. This gives space for bank brokers to use shortened laces notation, where future price predictions are considered.
