The fact that support the idea that renting is a good is Landlords take care of most maintenance.
<h3>What is renting?</h3>
Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.
It is obtaining a owner's property, in return for regular payments.
Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.
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Answer:
0.69
Explanation:
Given that we have the formula for calculating income elasticity of demand as the percent change in quantity demanded divided by the percent change in income, hence, we have the percent change in quantity demanded => 13 - 12 = 1 ÷ 12 = 0.083
the percent change in income => 280 - 250 = 30 ÷ 250 = 0.12
Therefore we have => 0.083 ÷ 0.12 = 0.69
Hence, the final answer is 0.69
Answer:
The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.
Explanation:
$396,200 + 61,250 + 27,600+ 9,000+ = 479,000 dollars
