Answer:
a shortage would arise since quantity demanded would exceed the quantity supplied
Explanation:
The law of demand states an inverse relationship between price of a good and it's demand.
In the given case, per month rental for rooms has significantly reduced for students. This would result into an immediate increase in demand for the rooms. Now since, the rooms available are limited in number, a shortage would arise.
Owing to such a shortage, a possibility would arise wherein students who do not require such rooms may avail such rooms at $500 and subsequently let out the rooms to outsiders at anything below $900 thereby earning a profit.
Answer:
$78.0 million
Explanation:
Cost of repurchase = Number of shares*Share price/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)
Cost of repurchase = $3,352,720 * $23.02/0.99
Cost of repurchase = $3,352,720 * $23.25
Cost of repurchase = $
77,950,740
Cost of repurchase = $78.0 million
Answer:
The answer would be
Explanation:
There are many benefits, both quantitative and qualitative, that provides effective management of diversity management. This management, in part, involves visualizing cultural differences as a positive element that adds value to all our actions.
Increase creativity and innovation capacity; people with diverse perspectives who bring new visions on familiar topics.
It can help improve communication because we learn to accept the divergent and deal with it
Reduces tensions and conflict in work teams.
Answer:
The answer is "D".
Explanation:
Since the value of b1 is negative, the regression line decreases as b1 increases
For a 1-point increase in an administrators rating, we estimate the administrators raise to decrease $2,000.
Answer: $25000
Explanation:
From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.
Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.
120% × x = $30000
1.2x = $30000
x = $30000/1.2
x = $25000
Therefore, the amount paid for the property is $25000
