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2 years ago

All of the following factors will affect the market rent on an office building except:

Business

1 answer:

Agata [3.3K]2 years ago

4 0

a. Median income of families in the property's location

b. Demographic makeup of the area's population

c. How likely it is that shopping will locate to the area

d. Availability of homes or condominiums to purchase in the local area

Answer:

c. How likely it is that shopping will locate to the area

Explanation:

Market rent refers to the potential amount in which a property can be rented in a specific area. This value is affected by different factors like the earnings of people living in the area, the properties available, the characteristics of people living there, all of which will motivate people to be interested in living there or not which can increase or decrease the price that someone will be willing to pay. According to this, the factor that won't affect the market rent on an office building is how likely it is that shopping will locate to the area .

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Answer:

The incremental revenue of the proposed change = $ 50,000

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2 years ago

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ABC Residential Investors, LLP, is considering the purchase of a 120-unit apartment complex in Steel City, Pennsylvania. A marke

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Answer:

The estimate value of the subject property is $8,269,200

The other information that would be desirable in reaching a conclusion:

The closeness of the property to central business districts as the closer it is the higher the asking price.

The estimate was solely based on revenue, the applicable costs have been ignored.

The average taken might not be a good indication for the subject property because the property might have unique features

Explanation:

The formula for Gross Rent Multiplier is given Property Price / Gross Monthly Rental Income.

In determining the estimate value of the subject property ,we calculate the gross rent multiplier of the new property,then multiply it with the annual rental income.

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GRM for Oaks

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GRM =116.88

GRM for Palms

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GRM =112.82

The average GRM=(116.88+112.82)/2

=114.85

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2 years ago

What is a distribution channel?

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Answer:

Medium of communication

Explanation:

Distribution is one of the four main elements of the marketing mix and its a process of making the predictor services available to the costumers and can be done directory by a producer or service provider that has indirect channels of the distributions

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3 years ago

Yani just graduated from college and moved back to his hometown in Connecticut. He is offered a job at the large insurance firm

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Answer:

With Yani's counter-wage offer, the insurance firm will likely reject his counter-offer and, in the extreme, withdraw the employment proposal with the firm.

Explanation:

As indicated in the question, the insurance company is a monopsony. A monopsony is the single buyer in the marketplace. This means that there is no other firm that can employ Yani in his Connecticut hometown. He must look for another job in another environment outside his hometown or condescend to accept the lower than hoped-for salary by the large insurance firm.

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2 years ago

As a policy option for regulating natural monopoly, average (total) cost pricing is attractive because Select one: a. the result

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Answer: c. it ensures productive efficiency.

Explanation:

The average cost pricing is used by the government in order to control the price that may be charged by the monopolist.

With the average cost pricing, monopolists are forced to reduce the price that twhy charge for a product to a point whereby the average total cost of the firm and the market demand curve will intersect.

This is vital as it brings about productive efficiency, increase production and also the reduction in the price of a good.

Therefore, the correct option is C "it ensures productive efficiency".

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2 years ago