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4 years ago

Renting provides _ flexibility but can lead to _ costs in the long-term

Business

2 answers:

slava [35]4 years ago

5 0

B is the correct option.

Renting provides greater flexibility but can lead to higher costs in the long-term.

Further explanation:

Renting and owning:

Renting is paying someone for their property or land for the use of their land or house or anything. And owning is having something of our own or the ownership of any asset or land, property or anything.

Justification for the correct and incorrect answer:

Greater; lower: This option is incorrect.

In renting, flexibility is greater and the cost in the long term is higher, not lower. Because the value of the house keeps on increasing so in the long run, the renting amount will also increase.

Greater; higher: This option iscorrect.

In renting, flexibility is always greater but the cost in the long term is higher because the value of the house increases. So there will be more rent amount which keeps on increasing. It will lead to high cost in the long run.

Less; lower: This option isincorrect.

In renting, flexibility is greater, not less and the cost in the long term is higher, not lower. Because the value of the house keeps on increasing so in the long run, the renting amount will also increase.

Less; higher: This option is incorrect.

In renting, flexibility is greater, not less and the cost in the long term is higher, which is correct. But flexibility in renting is greater because the amount paid for the rent is affordable.

Thus, renting provides greater flexibility but can lead to higher costs in the long-term.

Learn more:

1. Learn more about choosing the purchase of car or leasing

brainly.com/question/2731676

2. Learn more about choosing the purchase of the car

brainly.com/question/1258129

3. Learn more about renting and owning

brainly.com/question/2288011

Answer details:

Grade: High School

Subject: Business

Chapter: Renting

Keywords:Renting provides, flexibility but can lead to, costs in the long-term, greater; lower, greater; higher, less; lower, less; higher, payable, property, land.

Nonamiya [84]4 years ago

4 0

The answer is:

- Greater

- Higher

Since you did not spend large amount of money in renting, you can move freely without feeling that you've spend to much for the place to stay. This is why renting is considered to be more flexible compared to owning a house.

But, Renting tend to lead to higher cost in the long run because the owner of the property would definitely impose higher price than they spend to buy the property. Otherwise they would not obtain any profit.

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4 years ago

Adding a chart to the header of a form will result in a(n)

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Answer:

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3 years ago

A project manager forgets to assess how national holidays and team member vacations will affect the project’s completion date. N

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The flexible strategy is used to avoid the delay in assessing the external constraints.

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3 years ago

Robin needs $25,000 to start a business. In her search for the best (low cost) loan, she has gathered the following information

RUDIKE [14]

Answer:

Bank A

Explanation:

To recommend from which bank Robin should borrow from, we need to calculate the interest which is the cost of borrowing from each of the banks.

Note:

Interest amount = Total amount to repay - Loan amount .................. (1)

Equation (1) is used as follows:

Bank A:

Interest = ($9,000 × 3) - $25,000 = $27,000 - $25,000 = $2,000

Interest/loan rate = ($2,000 ÷ $25,000) × 100 = 8%

Bank B:

Interest = ($7,000 × 4) - $25,000 = $28,000 - $25,000 = $3,000

Interest/loan rate = ($3,000 ÷ $25,000) × 100 = 12%

Bank C:

Interest = ($6,000 × 5) - $25,000 = $30,000 - $25,000 = $5,000

Interest/loan rate = ($5,000 ÷ $25,000) × 100 = 20%

Recommendation

Robin should borrow from Bank A since it offers the lowest loan rate of 8%.

7 0

3 years ago

Renting provides _________ flexibility but can lead to _________ costs in the long-term

Renting provides _ flexibility but can lead to _ costs in the long-term