When the new law is passed, the effect on the supply and demand of apartments is that Supply down, demand up.
<h3>What happens when a price ceiling is below the equilibrium?</h3>
When the equilibrium price which is $3,000 in this case, is higher than the price ceiling of $2,600 in this case, more people will demand apartments because they will be more likely to afford it.
Supply on the other hand, will decrease because less people will want to make their places available at below equilibrium price.
Find out more on price ceilings at brainly.com/question/1448982.
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Answer:
6.14%
Explanation:
The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as follows:
Year Cash flow Present [email protected]% Present [email protected]%
0 ($7,250) ($7,250) ($7,250)
1 $750 $714.29 $681.82
2 $1,000 $907.03 $826.45
3 $850 $734.26 $638.62
4 $6,250 $5,141.89 $4,268.83
$247.7 ($834.28)
IRR=A%+[a/(a-b)*(B%-A%)]
A%=5%, a=$247.7 B%=10% b=(834.28)
IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]
IRR=6.14%
Answer:
Your answer is D. All of the above
Explanation:
The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes. Other sources of tax revenue include excise taxes, the estate tax, and other taxes and fees.
Answer:A. The USDA ensures save farming and harvesting practices while the FDA monitors what is put on the food labels!
Explanation: I just took it and got it right! Give me brainliest! Have a good day!
