Answer: 0.072
Explanation:
From the question, we are given the information that income property has a gross annual income of $14,250 and monthly expenses of $300 and that it has been valued at $147,000.
The capitalization rate will be calculated as:
= [$14, 250 - ($300 X 12)]/$147,000
= ($14,250 - $3,600)/$147,000
= $10650/$147,000
= 0.072
= 7.2%
Answer:
The income effect
Explanation:
The income effect is how real income is affected when there is change in price of goods and services.
Assuming income remains constant, as price falls income is able to purchase more goods and services, and as price increases the income will buy less of goods and services.
Also when people earn more they tend to buy more products.
In this case when the economy bis doing well and incomes increase sales of national brand of orange juice rises. The sales of generic orange juice however falls.
This shows that if there is enough money people prefer to by national brand of juice than generic orange juice.
Add to the law that dogs can be unleashed on your own property within a fenced in area.
Answer:
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Explanation:
Giving the following information:
Honda Motor Company is considering offering an $1800 rebate on its minivan
New price $30200
Old price $28400.
The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.
Honda's profit margin with the rebate is $5650 per vehicle.
Normal price:
Income= (5650+1800)*42000= $312,900,000
New price:
Income= 5650* 53900= $304,535,000
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Product because Possession utility is the value given to a product by virtue of the fact that the purchaser has the legal right to own and use it freely.