All categories

3 years ago

A _ is generally considered an appreciating asset because it may _ in value over time.

2 answers:

jeka943 years ago

8 0

A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

Bond [772]3 years ago

6 0

The correct answer is (C).

A house is generally considered an appreciating asset because it may increase in value over time.

Further Explanation:

House:

A house is an appreciating asset. The value of the home increases with time. Due to the rise in the prices of the property, or land, the value of the houses increases as well. If the house is in a metropolitan city, then the value of the home will be the most.

Justification for the correct and incorrect answer:

A-

Car;increase: This option is incorrect.

The value of the car decreases over time.

B-

Car;decrease: This option is incorrect.

The car is not an appreciating asset.

C-

House;increase: This option is correct.

The house is an appreciating asset, and its value increases over time.

D-

House;decrease: This option is incorrect.

The house is an appreciating asset, but its value increases over time.

Therefore, the house is an appreciating asset, and its value increases over time.

Learn More:

1. Tax from selling property

brainly.com/question/2617534

2. Property taxes

brainly.com/question/1535083

3. Revenue from property taxes

brainly.com/question/2689578

Answer Details:

Grade: High school

Chapter: Housing property

Subject: Business studies

Keywords:

A house is generally considered an appreciating asset because it may increase in value over time, car, increase, car decrease, house; increase, house;decrease.

You might be interested in

A significant difference between a monopolistically competitive firm and a purely competitive firm is that the: Question 7 optio

MA_775_DIABLO [31]

Answer:

3) former sells similar, although not identical, products.

Explanation:

In a monopolistic competition, there may be many sellers of a specific good, but in order for each firm to possess a monopolistic edge over the other, minute differences may exist between the similar goods. For example, geometrical sets are more or less the same, in terms of content. However, producer A may include a formula sheet, something which producer B may compensate with a timetable sheet. A consumer may wish to buy a geometrical set, but will have to choose between one from producer A or B since they all have different special features. Both producers A and B possess a monopoly of sorts over each other, due to the difference in features. This is called product differentiation. It may be physical, like the one above or perceived, where product A may seem better than product B, though entirely similar, due to A’s massive advertising. Purely competitive firm sells standard product like its competitors.

6 0

3 years ago

A 53 year old new patient was seen today for a level 2 visit.

dmitriy555 [2]

How is this a question?

4 0

3 years ago

A crosswalk_ when there are no pavement markings.

antoniya [11.8K]

Answer: It just would not be a cross walk it would be a road.

Explanation:

7 0

3 years ago

Read 2 more answers

Your project is split into two teams across two different continents. They understand the work to be completed, as well as commu

pentagon [3]

Answer:

Your project is split into two teams across two different continents. They understand the work to be completed, as well as communication processes. But they still often argue about how the work should be accomplished and who should make decisions. Given what you know, what is the most likely cause for these issues?

cultural differences

Explanation:

8 0

3 years ago

Children were observed during lunch over several months to determine the amount of food consumed versus the time in minutes. A c

BaLLatris [955]

Answer:

Yes, the correlation would change.

Explanation:

There are 60 minutes in an hour. The correlation would change by a factor of 60.

8 0

4 years ago

A _________ is generally considered an appreciating asset because it may _________ in value over time.

A _ is generally considered an appreciating asset because it may _ in value over time.