All categories

3 years ago

Although many factors affect the value of real property, what is the primary driver in determining the value of real property?

Business

1 answer:

garri49 [273]3 years ago

5 0

Answer:

Supply and Demand

Explanation:

Although there are many factors which are given below:

1. Location of the real property

2. Supply and demand

3. The rate of interest

4. Population size

5. Market trends of property, etc

But the primary driver is supply and demand because if the demand of the property rise than the supply, the price of real property is rising whereas if the supply of the property is rise than the demand, the price of real property is declining

You might be interested in

michelle's business produces ceramic cups using labor, clay, and a kiln. she produces cups using a fixed proportion of labor a

nikitadnepr [17]

<span>Diminishing marginal returns - By investing in hiring an additional worker, Michelle does not receive twice the productivity compared to when she had only 1 worker. Productivity only increased by roughly 50%. I would consider the worker to be more of an investment, and thus count as diminishing marginal returns, rather than decreasing returns to scale, which I consider to apply more to assets, such as machines for manufacturing or in the case of the scenario, an additional kiln.</span>

4 0

3 years ago

A progressive tax system: __________

otez555 [7]

Answer:

a) Means higher marginal tax rates at higher income levels.

Explanation:

The progressive tax system is a system where the rate of the taxes according to the increased in the taxable amount. It generally applied to the personal income taxes that means if the people have the less income so less tax rate would be applied and if the people have the high income so high tax rate is applied

Therefore as per the given situation, the option a is correct

5 0

3 years ago

The starting point in preparing a master budget is the preparation of the select one:

Nat2105 [25]

B) Sales Budget is the answer.

5 0

3 years ago

Kenzi Kayaking, a manufacturer of kayaks, began operations this year. During this first year, the company produced 1,075 kayaks

Colt1911 [192]

Answer:

Net income under absorption costing is $240,000

Explanation:

Sales (825*$1075) $886,875

less variable costs

Variable production cost($375*825) (309,375)

selling and admin. expense ($95,000)

Contribution margin $482,500

less fixed costs:

fixed production cost ($107,500)

selling and admin. expense ($135,000)

Net income $240,000

Net income under absorption was $25,000 more than the net income under the absorption costing, the difference is analyzed below:

Fixed product costs (1075-825)*$100=$25,000

That is the fixed production costs added to closing inventory under absorption method which was expensed under variable costing method

4 0

3 years ago

After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want

bixtya [17]

Answer:

Send a separate letter to each interviewer ; Mention something you liked about the interview

Explanation:

Sending a follow up message to recruiters (interviewers) after few days of an interview about the status of your job application, assists in updating prospective employee & re-emphasises on the applicant's profile suitability for the job.

Writing a separate letter to each interviewer, mentioning something you like about the interview : Makes you build a good rapport with prospective employers, highlights your professional personality positive traits. It also appreciates the company for their selection procedure time spent on you as an applicant.

3 0

3 years ago