Nat Is a Salesman for a Real Estate Developer

question 78

Short Answer

Nat is a salesman for a real estate developer.His employer permits him to purchase a lot for $75,000.The employer's adjusted basis for the lot is $45,000, and its normal selling price is $90,000. What is Nat's recognized gain and his basis for the lot?

Comprehend the relationship between early dating behaviors and other risk behaviors among adolescents.

Understand the continuity and change in romantic relationships from adolescence to adulthood.

Recognize the influence of parental communication on adolescent sexual behavior.

Understand the significance of peer and social support systems for LGBT adolescents.

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Definitions:

Profits

The financial gain realized when the revenue from selling goods or services exceeds the costs of production.

Monopolized

Refers to a market structure where a single firm or entity controls a significant portion of the market share, reducing competition.

Consumer Surplus

Consumer Surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.

Net Social Gain

The overall benefit to society, calculated by subtracting total social costs from total social benefits.