The title of the agreement is CALIFORNIA SALES CONTRACT AND CIVIL CODE. This agreement is predominantly utilized for acquiring land in California. The stipulations related to its use have made it less appealing for those looking to buy real estate in the state.
Answer:
8.66%
Explanation:
The calculation for the real rate of return is displayed below:
Real rate of return = {(1 + nominal rate of return) ÷ (1 + inflation rate)} - 1
= {(1 + 11.65%) ÷ (1 + 2.75%)} - 1
= {(1.1165) ÷ (1.0275)} - 1
= 1.086 - 1
= 0.0866 or 8.66%
By applying the formula where the numerator is the nominal rate of return and the denominator is the inflation rate
Answer:
Monopolistic competition.
Explanation:
This market structure known as monopolistic competition arises when multiple businesses provide similar products that cannot be seen as perfect substitutes for one another. In this setting, numerous sellers vie for a superior market position within a specific product or industry. This form of monopolistic competition features unrestricted entry for new firms, heightening the level of competition as companies strive for consumer preference.
Answer:
The answer is $59.50.
Explanation:
The calculations based on the scenario are as follows:
Profit on futures price = After futures price - before futures price
$63.50 - $59
= $4.50
Thus, the effective price that the company pays can be calculated using this formula:
Effective price paid = Spot price in July - Gain on futures price
= $64 - $4.50
= $59.50
To calculate the percentage return, use the formula (total profit / total investment) * 100, which gives us
( 100 / 1000 ) * 100 = 10%
