Answer: B. I and IV
Explanation:
An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.
Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.
Answer:
In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.
Answer:
Instrctions are listed below.
Explanation:
Giving the following information:
Beginning inventory 10 units at $55
First purchase 25 units at $60
Second purchase 30 units at $65
Third purchase 15 units at $70
60 units of the item were sold.
A) FIFO
Inventory= 15*70 + 5*65= $1,375
B) LIFO
Inventory= 10*55 + 10*60= $1,150
C) Weighted average:
Average cost= (55 + 60 + 65 + 70)/4= 62.5
Inventory= 62.5*20= $1,250
A perfectly competitive market has many buyers and sellers (option c).
<h3>What is a
perfectly competitive market ?</h3>
A perfectly competitive market is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. These makes buyers and sellers price takers.
An example of a perfectly competitive market is the market for tomatoes.
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A major focus of the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) was to identify and suppress discrimination against neighborhoods on the basis of demographics, a practice called Community reinvestment act.
<h3>What is community reinvestment act?</h3>
This is an Act passed in to law to help reduce that discrimination that often occur among the low income individual and the high class individual in a particular environment.
Therefore, A major focus of the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA) was to identify and suppress discrimination against neighborhoods on the basis of demographics, a practice called Community reinvestment act.
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