Answer:
A salesperson talking about the advantages of the washing machines at his store.
Explanation:
There is a certain criteria of calling a transaction as selling. There must be some offerings for exchange of some money, or any other article.
When a sales person in the store of washing machines, then it is obvious that all the machines in the store are kept as an offer to buy, further when the salesperson provides the description and that the salesperson targets to attract more customers. Therefore, there is an offering of the product.
Accordingly it will be termed as sales.
In any other case there is no article served for sale.
Answer:
$49.81
Explanation:
The stock price of the one share of the preferred stock in the given question shall be determined through the dividend valuation formula which is given as follow:
Price of share=Dividend per share/Rate of return
In the given question:
Dividend per share=$5.20
Rate of return=10.44%
Price of share=5.20/10.44%=$49.81
Answer:
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Explanation:
Answer:
(- 5 units)
Explanation:
Given that,
Initial quantities:
x1 = 100 units and y1 = 100 units
If price of Good X rises,
Final quantities:
x2 = 55 units and y2 = 95 units
Compensated:
x3 = 60 units and y3 = 105 units
Income effect = Final demand - compensated demand
= x2 - x3
= 55 units - 60 units
= - 5 units