In an Area Where the Multiple Listing Commission Split Is

question 46

Multiple Choice

In an area where the multiple listing commission split is 50/50, a broker sells another broker's 6% listing for $105,000. How much commission will the selling broker receive?

• A) $1,896
• B) $2,790
• C) $3,150
• D) $6,300

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Definitions:

Military Spending

The amount of financial resources dedicated by a nation to maintaining and equipping its armed forces and defense activities.

Malthusian Theory

A theory proposed by Thomas Malthus suggesting that population growth will outpace agricultural production, leading to widespread famine and disaster.

Population Growth

The increase in the number of individuals in a population, typically measured as a percentage change over time.

Productivity Growth

Productivity growth is the increase in efficiency of production of goods and services, measured by the output per unit of input, over a specific time period.