The lengthy after being granted BIC eligibility does the dealer have to complete the specified 8-hour basic training: 120 days
For you to qualify for BIC Eligible status, a dealer have to: keep an energetic license; have acquired at least two years of actual estate brokerage revel in equivalent to 40 hours according to a week inside the preceding 5 years; publish the Request for BIC Eligible reputation and/or BIC Designation form (REC 2.25); and.BIC Eligible way a broking's license reputation who has happy the broking-in-charge qualification necessities and filed software pursuant to G.S. 93A-four.2 and 21 NCAC 58A.
A good way to obtain the BIC Eligible on their license, a dealer must meet the subsequent necessities: preserve an active broking's license (no longer provisional status) Have two years of complete-time brokerage experience or 4 years of part-time brokerage revel in within the previous 5 years.
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Answer:
the price elasticity of supply is 0.555
Explanation:
The computation of the price elasticity of supply is given below:
= Percentage change in quantity supplied ÷ percentage change in price
= (25 - 20) ÷ (25 + 20) ÷ 2 ÷ (750 - 500) ÷ (750 + 500) ÷ 2
= 5 ÷45 ÷ 250 ÷ 125
= 0.555
Hence, the price elasticity of supply is 0.555
The same is relevant
Answer:
$8,119,048
Explanation:
Given that,
Amount of scholarships = $170,500 per year
Trust fund earns an annual rate of return = 2.1 percent
Let x be the amount contribute to the fund and assuming that only income is distributed,
2.1% of x = Amount of scholarships
0.021x = $170,500
x = $170,500 ÷ 0.021
= $8,119,048
Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.
Answer:
The correct answer is option c.
Explanation:
Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.
There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.
No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.
Answer:
e.a and d
Explanation:
Average fixed cost = Total fixed cost / quantity
Total cost is cost that does not vary with production e.g. rent
Average fixed cost is fixed cost per unit produced.
Average fixed cost = average total cost - average variable cost
I hope my answer helps you