When interest rates increase, the demand for commercial and residential real estate will <u>decrease</u> and the price of real estate will <u>decrease</u>.
Hope that helps!
Answer:
Sarah
Milkshakes
Explanation:
A person has comparative advantage in production if it produces at a lower opportunity cost when compared with other people.
A person has an absolute advantage in the production of a good or service If she produces more quantity of a product when compared with other people.
Sarah produces more hamburgers and milkshakes when compared to Abe. Therefore she has absolute advantage in the production of both milkshakes and hamburgers.
The opportunity cost of Sarah in producing hamburgers and milkshakes are both 10/10 = 1
The opportunity cost of Abe producing hamburgers is 4 / 5 = 0.8 and for milkshakes it is 5/4 = 1.25.
Therefore, Sarah has a comparative advantage in the production of milkshakes because she has a lower opportunity cost (1) when compared with Abe (1.25)
I hope my answer helps you.
Answer: unaffected
Explanation:
We should note that a retrospective adjustment isn't necessarily needed when there's an alternation to a accounting estimate.
With regards to this Barney's retained earnings as of December 31, 2021, would neither be understated or overstated but would be unaffected.
Answer:
The correct answer is (B)
Explanation:
This is an example of an overly formal language. Overly formal language and formal language are almost similar, but it is recommended to use formal language to better deliver a message or to communicate with a client. The nouns used in the sentences by Christian are overly formal. Overly formal language is difficult to understand due to word choice.
