1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zarrin [17]
3 years ago
7

If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the area’s real estate values

will reflect the principle of?
Business
1 answer:
love history [14]3 years ago
6 0

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

 

You might be interested in
You purchase one IBM July 120 put contract for a premium of $3. You hold the option until the expiration date when IBM stock sel
ZanzabumX [31]

Answer:

Loss on putting for long time = $300 (Loss )

Explanation:

Given:

Strike price = $120

Stock price = $123

Premium amount = $3 per share

Realize on investment = ?

Computation of realizing on investment:

Given that strike price is lower than the stock price, So premium paid considers as a loss.

Loss on putting for long time = $3 × 100

Loss on putting for long time = $300 (Loss )

7 0
2 years ago
Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the foll
Ivenika [448]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level.

Mountain has recorded the following for the past nine months:

January:

Number of Cavities= 375

Total cost= $5,300

February:

Number of Cavities  500

TC= 5,850

March

Number of Cavities 350

TC= 5,200

April

Number of Cavities 600

TC=6,250

May

Number of Cavities 325

TC= 5,150

June

Number of Cavities 475

TC= 5,700

July

Number of Cavities 525

TC= 6,100

August

Number of Cavities  575

TC= 6,300

September

Number of Cavities  450

TC= 5,550

A) Variable cost= (Highest activity cost - lowest activity cost) / (Highest activity units - lowest activity units)

Variable cost= (6300 - 5150) / (600 - 325)= 4.18 per unit

Fixed cost= HACost - (variable cost per unit * HAUnits)= 6300 - (4.18*600)= 3792

Fixed cost= LACost - (variable cost per unit* LAUnits)= 5150 - (4.18*325)= 3792

B)  Q= 400

Total cost= 3792 + 4.18*400= $5464

8 0
3 years ago
Gold Company was experiencing financial difficulties, but was not bankrupt or insolvent. The National Bank, which held a mortgag
Fiesta28 [93]
The answer would be
5 0
3 years ago
Hey yall, how yall doin?.....
Alex73 [517]
Heyy I’m doing ok lol. How are you doing? Anyone who sees this hope you have a great day!! :)
5 0
3 years ago
Read 2 more answers
people on here are tr0lling so I'm giving fr33 points to people who have been tr0lled, have a nice day. :)​
eimsori [14]

Answer:

thx

Explanation:

4 0
2 years ago
Read 2 more answers
Other questions:
  • Conlon Chemicals manufactures paint thinner. Information on the work in process follows:
    8·1 answer
  • Mike gundy is a college football coach making a base salary of $2,400,000 a year ($200,000 per month). employers are required to
    10·1 answer
  • Kraft foods has created five global product divisions (beverages, snacks, cheese and dairy, convenience meals, and grocery) and
    8·1 answer
  • Salvia Company recently purchased a truck. The price negotiated with the dealer was $42,500. Salvia also paid sales tax of $2,50
    12·2 answers
  • Suppose the price of a cup of coffee is $5, and at this price, the quantity supplied is 300 cups of coffee. Now suppose the pric
    8·1 answer
  • Jen's dad sends her to the grocery store for a few last-minute dinner items. jen repeats the list of 10 items as she walks to th
    7·1 answer
  • Which of the following are finance careers?
    6·1 answer
  • Toyna Recruitz is an organization that allows its employees to work from home. Most of the interaction between the employees and
    12·1 answer
  • Information systems in general are helpful because they are used for making informed decisions using more accurate reports. Howe
    10·1 answer
  • When sales agent jane first contacted john, after her three-month vacation to barbados, was seller john her client?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!