In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:
There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.
Answer:
since there is not enough room here I used an excel spreadsheet
Explanation:
The answer would be A because they are basically dumping the product on the other country
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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Answer:
perfectly inelastic
Explanation:
A supply of the product is considered to be perfectly inelastic in situations whereby the changes in the price of a commodity do not affect the quantity supplied, then such a supply curve is termed as perfectly inelastic. It is often depicted as a vertical line at the quantity supplied against all the prices in a graphical representation form.
Hence, If the quantity supplied is the same regardless of price then the supply curve would be: PERFECTLY INELASTIC