Dana Owns Her Own Real Estate Agency

question 30

Multiple Choice

Dana owns her own real estate agency.She has been working hard to increase her client base.She offers the most comprehensive advertising campaign in the city and it has been paying off by the steady increase in the number of listings over the last several months.However,Dana is concerned that her extensive cost for advertising is eating into her profits.It is difficult to determine how much she spends on advertising for each listing because some of her advertising sources are fixed amounts each month and others are more variable in nature.She would like to analyze the following information to determine how her advertising costs behave based on the number of listings. Using the high-low method,what is the fixed cost of advertising each month?

• A)$2,360
• B)$2,074
• C)$2,900
• D)$1,860

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Definitions:

Radical Feminists

A branch of feminism that aims to dismantle patriarchy by challenging existing social structures and institutions.

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner, often to maintain dominance over others.

Minority Communities

Groups of people who share common ethnic, racial, cultural, or linguistic characteristics and are smaller in numbers compared to the majority population in a society.

Quantitative Methods

Research techniques that focus on quantifying data and typically involve statistical analysis to interpret results.