Answer:
C) Yes, Yolanda is correct. It is illegal for Mike to take such actions. The landlords may serve the tenants with a three-day notice of eviction.
Explanation:
Eviction processes can be relatively simple, by just sending an eviction notice and the tenants voluntarily leaving the property, or they can be very messy and end up in court. But in no case, can the landlord just get into the property and kick the tenants out.
The length of the eviction process also varies depending on the cause, in this case since the tenants already we more than 3 months of rent tht is more than sufficient cause.
If after the 3 day notice Jeff and Ryan still haven't left, then Yolanda and Mike will have to start an eviction lawsuit that usually takes a few weeks (its a speedy process). Since Yolanda and Mike have a reasonable cause for evicting the tenants, the court will probably order and immediate eviction (or maybe give them a week or so).
Then if Jeff and Mike still stay on the property things get messy and the police should force them out.
Answer:
After 100 years, real GDP per person in Alpha is <u>4 TIMES</u> smaller than real GDP per person in Omega.
Explanation:
Current real GDP per capita in Alpha = $2,000
in 100 years, the real GDP per capita in Alpha = $2,000 x (1 + 1.5%)¹⁰⁰ = $5,848.87
Current real GDP per capita in Omega = $2,000
in 100 years, the real GDP per capita in Omega = $2,000 x (1 + 2.5%)¹⁰⁰ = $23,627.43
Alpha's real GDP per capita is 4 times smaller than Omega's = $23,627.43 / $5,848.87 = 4.04 times
*I used the future value formula: FV = PV (1 + r)ⁿ
Answer:
The amount of sales that will be necessary to earn the desired profit is 16000 units
Explanation:
To get the amount of sales to earn $10000, we make the following equation.
Profit =Sales -variable cost-fixed cost
Profit=10000
Sales=$5.00x
Variable cost= $2.50x
Fixed cost=$30,000
Replacing,
10000=5x-2.5x-30000
10000+30000=2.5x
x=40000/2.5
x=16000
