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4 years ago

Assume there is a simultaneous increase in home foreclosures and a decrease in consumer incomes.

Business

1 answer:

hammer [34]4 years ago

5 0

Answer: B) price will decrease.

Explanation: increasing default in the payment of mortgages causes a corresponding increase in the number of foreclosures of homes. This maybe attributed to a decrease in the earnings of consumers. This means that there's a likelihood of more defaults, the demand for homes falls which drives down prices. Also, neighborhoods with high foreclosure numbers often see a drop of 1% in home value and quite often also, deserted homes fall into disrepair. Homes with no curb appeal and need significant repairs do not sell for market value. Therefore the prices will decrease.

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due to changes in production, hanson steel gave each employee 75 percent of the cost savings. hanson steel uses a ________ compe

mihalych1998 [28]

Due to changes in production, Hanson steel gave each employee 75 percent of the cost savings. Hanson steel uses a gainsharing compensation plan.

A compensation plan refers to the practices, methods, and intentional approach that's used by an organization in maintaining financial interests and developing, retaining, attracting, and rewarding employees in an industry.

It should be noted that the gainsharing compensation plan refers to a compensation plan that is used to increase profitability as employees share in the company's gain. Since the workers share 75% of the cost savings, this is a gain-sharing compensation plan.

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brainly.com/question/25356534

8 0

3 years ago

Determine the type of credit that involves a set limit based on what a consumer pays up front.

Lilit [14]

Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.

Examples of which are:

Land loan
Home construction loan
Home mortgage
Some equity loans
Home improvement loan
Automobile loan
Boat loans or RV loans specialty finance
Student loan
Personal loan
Vacation loan

I hope my answer has come to your help. Thank you for posting your question here in Brainly.

4 0

3 years ago

Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs $500,000 today, and ho

ki77a [65]

Answer:

Annual deposit= $37,714.37

Explanation:

Giving the following information:

The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.

The account earns 10% per year.

First, we need to calculate the final value of the house with the following formula.

FV= PV*(1+i)^n

FV= 500,000*(1.06^15)=$1,198,279.1

Now, we can calculate the annual payments required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,198,279.1*0.10)/[(1.10^15)-1]

A= $37,714.37

6 0

4 years ago

The three types of major stressors in your life are:

Andrew [12]

Physical Trauma

Loud noise

Loss of a loved one

8 0

3 years ago

Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2>Disclamer:</h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

we should not invest on the product as it is to variable

Explanation:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

Download xlsx

6 0

3 years ago