1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir79 [104]
3 years ago
7

If there is a shortage in a rental market, what is expected? A. Rental prices to stay the same. B. Rental prices to be increasin

g until shortage is eliminated. C. Rental prices to be decreasing until shortage is eliminated. D. Rental prices to either be increasing or decreasing.
Business
1 answer:
erastovalidia [21]3 years ago
5 0

Answer:

Rental prices to be increasing until shortage is eliminated

Explanation:

If there is a shortage in the rental market, it means that quantity supply has reduced. This would lead to an excess of demand over supply which is known as a shortage. When there's a shortage, prices rise until the shortage ceases.

You might be interested in
Mountain river adventures offers whitewater rafting trips down the colorado river. it costs the firm $100 for the first raft tri
Natalka [10]
Add the first four numbers than u will need to know what increased means it means u either add or subtract $150 and than u find your answer
4 0
3 years ago
Use the graph for a competitive market ti answer the question below
Svetlanka [38]

Answer:

$3.25

Explanation:

The new price for cigarettes will be the intersection point between the demand curves and the new supply curve.

Assuming S1 is the old supply curve without taxes and the new supply curve is S2 with taxes. The new price is the intersection of S2 and the demand curve, which is at $3.25.

3 0
3 years ago
What is the value today of a money machine that will pay $4,010.00 per year for 13.00 years?
Maurinko [17]

Answer:

The present value of the machine is $35499

Explanation:

The annual amount or annuity amount = $4010 per year.

Total number of years = 13 years

Here, the interest rate is not given so we just assume the interest rate = 6% per annum.

Since we have a total number of years and annual payment that occurs for 13 years. We are required to find the present value of the machine. So use the formula to find the present value of the annuity.

The present value of machine = (Annuity amount x (1 – (1+r)^-n) ) / r

The present value of machine = (4010(1 – (1+6%)^-13) ) / 6%

The present value of machine = $35499

3 0
3 years ago
List three functions of each of the following nutrients: carbohydrates, fats, and proteins
vesna_86 [32]

Answer:

Fat. ...

Vitamins. ...

Minerals. ...

Water.

Explanation:

i took the test

4 0
3 years ago
Environmental scanning is the act of analyzing the critical external contingencies and trends facing an organization in terms of
alekssr [168]

Answer:

The correct answer is the option B: economic conditions, competitors and customers.

Explanation:

To begin with, the term of <em>environmental scanning</em> refers to the action of analyzing the forces, both internal and external, whose actions affect the organization in its whole and may give the company opportunities or threats, sthrengths or weaknesses. Moreover, when refering to the external part of the analysis the most important groups to have in mind are those outside the organization and that it may not take control over decisions directly. Those items or groups are: <u>the competitors, the customers, economic conditions</u>, the government, market suppliers, intermediaries and more.

5 0
3 years ago
Other questions:
  • Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of
    5·1 answer
  • International issues of social responsibility and ethical behavior are: difficult and not as clear-cut as U.S. firms would like
    5·1 answer
  • "Liberty may be endangered by the abuse of liberty, but also by the abuse of power."—James Madison Which of the following statem
    7·1 answer
  • One source of life and health insurance underwriting information is an organization that life and health insurance companies can
    13·1 answer
  • Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7350 hours of labo
    6·1 answer
  • On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the
    7·1 answer
  • You are part of a sales group that has been asked to give you a presentation.
    7·2 answers
  • Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The pre
    12·1 answer
  • Senath Company's annual report reveals net credit sales of $266,000 and average accounts receivable of $46,000. The report also
    15·1 answer
  • Susan is initially offered a new SUV for $24,000 and agrees to buy it. But when the sales manager comes back after getting some
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!