BUSINESS
COLLEGE

Answer:

Answer:

The correct answer is letter "C": A listing agreement can be modified, but only if all parties agree in writing.

Explanation:

A Listing Agreement is a contract by which the owner of an asset hires a broker so the specialist will be in charge of selling the asset. Listing Agreements are typically used in real estate but can be applied in some other fields. For it to be changed, all the parties involved must agree in the new terms of the contract.

COLLEGE

Winners of the Georgia Lotto drawing are given the choice of receiving the winning amount divided equally over 2222 years or as a lump-sum cash option amount. The cash option amount is determined by discounting the annual winning payment at 66% over 2222 years. This week the lottery is worth $1919 million to a single winner. What would the cash option payout be?

Answer:

0 i.e. zero

Explanation:

The formula we will us to calculate the cash option payout for formula for calculating the present value (PV) .

Present value (PV) can simply be described as the current value of a future amount or future stream of cash flows given a certain return rate.

To calculate the PV of a future cash flow, we will discount it by using the discount rate.

The formula is provided as follows:

PV = FV/(1 + r)^n ............................................ (1)

Where,

PV = Present Value = ?

r = discount rate = 66% = 0.66

FV = annual future value = $863,636.36

n = number of years = 2222 years

Note that the annual future value calculated by diving the $1919 million by 2222 years and this give us $863,636.36 (i.e. 1,919,000,000 ÷ 2222 = $863,636.36).

Substituting the figures above into equation (1), we obtain:

PV = 863,636.36/(1 + 0.66)^2222

= 863,636.36/(1.66)^2222

= 863,636.36/∞

PV = 0

This is because, the division of any number by infinity is equal to zero. And if we multiply by zero by 2222, it will still give us zero PV.

Therefore, the cash option payout will be zero. It is better the winner take the option of collecting $863,636.36.

MIDDLE SCHOOL

Which strategy works best to help people feel more comfortable in meetings? Encourage confident people to express their opinions? Or make meetings humorous? Or encourage everyone to listen attentively? Or record all meetings?

Answer:

The right answer for this is that you should encourage everyone to listen attentively. Despite the fact that it may be hard to concentrate on what is being stated, acing the specialty of effectively listening is a fundamental ability, particularly in a workplace.

This ability benefits the workers, as well as the whole business also. Being an individual who is extraordinary at listening demonstrates quality and initiative abilities.

Encourage everyone to listen

COLLEGE

Using the midpoint method, your price elasticity of demand as the price of pizzas increases from $10 to $12 is if your income is $20,000 and if your income is $24,000. However, if the price of a pizza is $12, your income elasticity is

Answer:

Price elasticity at income $20000 = 1.580

Price elasticity at income $24000 = 2.209

Income elasticity at price $12 = 1.25

Explanation:

First, let's add the missing piece of information for clarity

Price Quantity of Quantity of (Dollars) Pizzas Pizzas

Demanded Demanded

(Income (Income

= $20,000) = $24,000)

8 40 50

10 32 45

12 24 30

14 16 20

16 8 12

Step 1

Given,

Income = $20,000,

The quantity demand for good reduced from 32 to 24 when the price is raised from $10 to $12.

Take,

Q1 = 32; Q2 = 24; P1 = 10; P2 = 12

The midpoint formula to estimate the price elasticity of demand-

(Q2 - Q1)/[(Q1 + Q2)/2]

e = - ----------------------------------

(P2-P1)/[(P1 + P2)/2]

Lets input the values

(24 - 32)/[(24 + 32)/2]

e = - --------------------------------

(12 - 10)/[(10 + 12)/2]

e = - (-8)/[56/2]

------------

(2)/[22/2]

e = 0.286/0.181

e = 1.580

The price elasticity of demand as the price of pizzas raises from $10 to $12 is 1.580 if the income is $20,000.

Step 2

Given,

Income = $24,000,

The quantity demand for good reduced from 45 to 30 when the price is raised from $10 to $12.

Take,

Q1 = 45; Q2 = 30; P1 = 10; P2 = 12

The midpoint formula to estimate the price elasticity of demand-

(Q2 - Q1)/[(Q1 + Q2)/2]

e = - -------------------------------

(P2-P1)/[(P1 + P2)/2]

Lets input the values

(30 - 45)/[(45 + 30)/2]

e = - -------------------------------

(12 - 10)/[(10 + 12)/2]

e = - (-15)/[75/2]

--------------

(2)/[22/2]

e = 0.400/0.181

e = 2.209

The price elasticity of demand as the price of pizzas raises from $10 to $12 is 2.209 if the income is $24,000.

Step 3

At a $12 price, we have the demand for good raising from 24 to 30 when the income raised from $20,000 to $24,000.

Take,

Q1 = 24; Q2 = 30; I1 = $20,000; I2 = $24,000

Income elasticity of demand (ei):

Is % change in demand of a good as a result of the % change in the income of a consumer. There is a ppsitive relation between the income of a consumer and the quantity demanded.

Formula for income elasticity is:

ei = %change in demand

------------------------------

%change in income

ei = [(Q2-Q1/Q1) × 100]

--------------------------

[(I2 - I1/I1) × 100]

ei = [(30-24)/24 × 100]

---------------------------------------------

[(24,000 - 20,000)/20,000 × 100]

ei = 25/20

ei = 1.25

Answer:

Formula of income elasticity is

change in income/change in price * Price 1/Income 1

4000/2 * 10/20000

so the income elasticity will be 1 which means it is unitary elastic

HIGH SCHOOL

An economy's resources: are always fully employed. can always be over-utilized. can be over-utilized, but only temporarily. can never be over-utilized.

Answer:

The correct answer is could be over- utilized, but for temporarily

Explanation:

Economy resources are those resources or the factors which are used while producing the goods and the services. It could be divided or classified among human resource like management and labor and the non- human resources like technology, land and capital goods.

So, the economy resources could be over- utilized, but for temporarily through adding the shifts as well as running the equipment for longer but the machines could break down and the labor tires, therefore the over utilization cannot be sustained.

MIDDLE SCHOOL

George has obtained a $141,000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of paying interest only. If he were to accept this offer,

what would his initial payment be?

O

A. $587.50

O

B. $250.67

O

C. $756.92

O

D. $732.09

Answer:

Well, friend, I think it'nle sA. $ 587.50

Explanation:

MIDDLE SCHOOL

How do self interest and competition affect the free market

They affect the free market by having people 'fight' over resources, money of consumers and investments. The invisible hand is pushing firms to create the goods and sell them for as cheap as possible.

HIGH SCHOOL

On October 1, 2018, Sunland Company sells (factors) $711000 of receivables to Beanfield Factors, Inc. Beanfield assesses a service charge of 3% of the amount of receivables sold. The journal entry to record the sale by Sunland will include:

Answer:

Journal Entry will be here as

cash ================ $689670

service charge ======== $21330

Accounts receivable === $711000

Explanation:

given data

Accounts receivable = $711000

service charge rate = 3 %

to find out

The journal entry to record the sale

solution

When we receivables is sold then service charge is taken

so Amount of service charge will be

Amount of service charge = Accounts receivable × service charge rate

Amount of service charge = $711000 × 3%

Amount of service charge = $21330

and

Net amount received by factoring is

Net amount received = Accounts receivable - service charge

Net amount received = $711000 - $21330

Net amount received = $689670

and

so Journal Entry will be here as

cash ================ $689670

service charge ======== $21330

Accounts receivable === $711000

HIGH SCHOOL

The nations of western europe, israel, japan, and australia fall into which category of countries

Hot countries so they will be warm

HIGH SCHOOL

Megan and her friends are in a mall for Christmas shopping. Megan is not in a good mood as she had an argument with her sister in the morning. As they enter a store, they are greeted by an employee dressed as Santa Claus. There is a general feeling of excitement and festivity among her friends and other shoppers in the store. After a while, Megan realizes that she is not upset any more. In fact, she becomes excited about shopping and even finds a lovely scarf for her sister. In the given scenario, Megan's changing mood is an example of _____.

Answer:

Emotional contagion

Explanation:

Emotional contagion describes a phenomenon in which someone’s emotional state or behavior is transferred to another person, influencing the action and behavior of that person in a similar manner.

Just like germs, the general feeling of excitement and festivity at the mall becomes infectious as it affects Megan’s mood in a positive way. Her mood becomes synced with the mood in the mall.