In a buyers market - Study guides, Class notes & Summaries
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GLOBUS Simulation Quiz 1 | 2023 | Questions with 100% Correct Answers | Updated & Verified
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Which of the following does NOT accurately describe your company's camera/drone business 
and operation? - All of the unmanned aerial view (UAV) drones assembled at the Taiwan 
plant are sold directly to online retailers of commercial drones in each geographic region; drone 
buyers can visit the company's website to obtain information about its drone models and to view 
a list of online retailers who stock the company's drone models but site visitors cannot make a 
purchase 
Which of the foll...
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ECN 211 final asu questions with correct answers
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The opportunity cost of an item is.... Correct Answer-what you give up to get that item 
 
Total output in an economy increases when each person specializes because Correct Answer-each person spends more time producing that product in which they have a comparative advantage in. 
 
The producer that requires a smaller quantity of inputs to produce a certain amount of a good, relative to the quantities of inputs required by other producers to produce the same amount of that good, Correct Answer-ha...
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Econ Exam 1 - BRCC Buckner Questions and Answers
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a diagram that traces the flow of resources, products, income, and revenue among economic decision 
makers that focuses on the primary interaction in a market economy (between households and firms) - 
circular flow model 
a diagram which illustrates the different combinations of products a society has the potential (ability) to 
produce - Production Possibility Frontier 
a market in which a good or service is bought and sold - product market 
a market in which a resource is bought and sold (most...
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GLO-BUS FINAL EXAM TEST BANK LATEST 2023-2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS
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GLO-BUS FINAL EXAM TEST BANK LATEST 2023-2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS 
 
Which of the following is NOT one of the benefits of current year and cumulative expenditures for camera/drone product R&D? - ANSWER- Reducing total annual compensation costs for PAT's because such spending once it reaches $25 million annually and a cumulative total of $100 million, allows the size of PAT's to be reduced from 4 persons to 2 persons 
 
 
Boosting a company's P/Q rating (the si...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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PSI National Exam for Real Estate 544 Questions with 100% Correct Answers | Verified | Latest Update
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A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called - ️️a contract 
 
Antitrust laws prohibit competing brokers from all of the following - ️️1. boycotting other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
 
When a sewer line is installed down a rural road, the cost will probably be shared by - ️️all current owners of real estate fronting on that road...
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***North Carolina 75-Hour Broker Pre-licensing Final Exam (PASSED Attempt) Accurate 100%
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Why might a buyer want to ASSUME a LOAN? 
 
The buyer doesn't want to follow a lender qualification process. 
The existing loan has a lower interest rate than current market rates. 
The principal remaining on the existing loan is low. 
The transfer of the property won't need to be approved by the lender if the loan is assumed. - ANSWER The existing loan has a lower interest rate than current market rates. 
 
- ASSUMPTIONS are advantageous to a buyer if current interest rates are high and the e...
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RE MARKETING POWERHOUSE EXAM PREP
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How to build name recognition? - Answer- comes from developing a marketing plan that is outside the box, something that separates you from others. 
 
- Post something of value on a neighborhood Facebook page. 
 
- Create a YouTube video from your phone about your listings, it will be one of the first to show up on Google. 
 
- Donate supplies and backpacks to schools in your market area. 
 
- Sponsore a neighborhood newsletter for each month that hosts a newsworthy column or notice of a sold lis...
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PSI NJ Real Estate 121 Practice Exam With Answers|2024
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Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - ️️The first sold. 
 
When compiling a competitive market analysis, a broker would look for comparable properties that - ️️were located near the property being listed. 
 
If an older building cannot be air-conditioned, it is an example of - ️️functional obsolescence. 
 
A prospective seller ...
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MIE 201 Exam 4 (11,12,13) Makanui Questions And Answers Rated 100% Correct!!
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marketing - Answer-a group of activities designed to expedite transactions by creating, distributing, 
pricing, and promoting goods, services, and ideas 
exchange - Answer-the act of giving up one thing ($, credit, labor, goods) in return for something else 
(goods, services, or ideas) 
marketing activities - Answer-buying, selling, transporting, storing, grading, financing, marketing, 
research, risk-taking 
value - Answer-A customer's subjective assessment of benefits relative to costs in det...
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