Which of the following is TRUE about using the REALTOR designation?

A. Those who use it must be members of NAR
B. Only cooperating brokers can use it
C. Those who use it cannot become MLS members
D. Only subagents can use it

Answer: A. Those who use it must be members of NAR

Business

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One hundred monkeys are typing in Excel spreadsheets when one of them enters =NORM.S.INV(RAND()) What is the result of this monkey's function?

A) the number zero B) random numbers evenly distributed from 0 to 1 inclusive C) probabilities of the normal distribution function D) z-scores from the standard normal distribution

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If the break-even volume doubles, this suggests that

A) variable cost has increased. B) fixed cost has increased. C) selling price has decreased. D) Any of the above E) None of the above

Business