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1 year ago

Which city has a greater percentage of homes with real estate values between 55,000 dollars and 85,000 dollars?

1 answer:

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The comparison of the center line and the first quartiles for the two cities reveals that the populations of 55,000 and 85,000 constitute less than a quarter of the residences in Bigburg, but nearly a fourth of the homes in Tinytown.

This is further explained below.

<h3>What is real estate?</h3>

Generally, Real estate is a type of property that includes both the land and the structures that are located on it, as well as the land's natural resources, which may include things like crops, minerals, or water.

This type of property is considered to be immovable property.

Real estate also refers to an interest that is vested in an item of property, such as a building or shelter in general.

In conclusion, The populations of 55,000 and 85,000 make up less than a quarter of the dwellings in Bigburg, but over a fourth of the homes in Tinytown.

This is seen when the center line and the first quartiles for the two cities are compared to one another.

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Suppose that furniture production encompasses the following stages: Stage 1: Trees are sold to lumber company. $1,000 Stage 2: L

g100num [7]

Answer:

<em>The value added at each stage</em>

Stage Value added($)

1 1000

2 (2000-1000) = 1,000

3 (6,000- 2000) = 4,000

4 (10,000 - 6,000) = 4,000

The amount by GDP is increased = $10,000

c) Reduce GDP

Explanation:

Gross domestic product (GDP) which is the total market value of all the final goods and services produced in a country over a given period of time. The GDP can be calculated using the value added approach.

Here the GPD figure is ascertained by summing the amount of additional value created by each factor of production at each stage of the production process of the final product.

<em>The value added at each stage</em>

Stage Value added($)

1 1000

2 (2000-1000) = 1,000

3 (6,000- 2000) = 4,000

4 (10,000 - 6,000) = 4,000

The amount by GDP is increased = $10,000 which is the total value added or the market value of the final goods

If the lumber were imported it would be deducted from the value of export and thus reduce GDP. Remember that GDP is the market value of all good and service produced within a given country over certain period of time .

3 0

4 years ago

Read 2 more answers

1. An expenditure for which the government receives no good, service, or resource in return.: An expenditure for which the gover

stellarik [79]

Answer:

1)Transfer payment

2)Firm

3)Public good

4)Property right

5)Factor market

6)Household

7)Circular flow diagram

8)Product market

9)Regulation

10) factor payment

Explanation:

1)An expenditure for which the government receives no good, service, or resource in return.:

(Transfer payment)

. 2. A privately owned organization that produces goods and services and sells them to others.:

( Firm)

3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.:

( public goods)

4. A legal claim of owners

hip.: A legal claim of ownership

(Property right)

5. A market in which resources are exchanged for money.

(Factor market)

6. Consists of an individual or a group of people who live together and share income, such as you and your family.

(Household)

7. Models the interactions between key players in the economy.:

(Circular flow diagram)

. 8. A market in which goods and services are exchanged for money.:

(Product market)

9. A rule of conduct passed by federal, state, or local governments.:

(Regulation)

10. A payment for the use of a resource.:

( Factor payment)

3 0

3 years ago

During the year, credit sales amounted to $ 840,000. Cash collected on credit sales amounted to $ 790,000, and $ 18,000 has be

Murrr4er [49]

Answer:

$21,000

Explanation:

During the year, credit sales amounted to $ 840,000.

Cash collected on credit sales amounted to $ 790,000, and $ 18,000 has been written off.

At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 2.5%.

The amount of bad debts expense for 2019 is 2.5% x 840,000 = $21,000

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3 years ago

On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa

ra1l [238]

Answer:

Consumer surplus is $15.99.

Explanation:

Melanie decided to buy a coat priced $79.95.

When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.

This means that her consumer surplus is at least $15.99.

The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.

Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.

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3 years ago

In this culture, preference is given to friends when hiring, contracting, procuring and sharing business opportunities. Family i

ira [324]

I think the answer is B

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4 years ago