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nikitadnepr [17]
3 years ago
14

Which of the following best explains why the demand for housing is more flexible than the supply? A. New housing developments ar

e being constructed all the time. B. Low interest rates for mortgages make buying a home very affordable. C. The increasing population always drives demand upwards. D. People can move more easily than producers can build new homes.
Business
2 answers:
kolezko [41]3 years ago
3 0

Answer:

People can move more easily than producers can build new homes. - D.

IgorC [24]3 years ago
3 0

Answer:

Option D is the right answer.

Explanation:

  • The consumer is more able to move, manufacturers are not that much able to build new homes.
  • Housing prices are the primary component possess demand.
  • According to the law of demand, the quantity of home demanded rises as the price reduces.
  • Housing demand often focuses on the residences ' equity, their existing income, and interest rates.

That's why demand for houses are more flexible.

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An Uber driver faces costs for driving that include sunk costs like insurance that contribute to the average cost per mile of $.
crimeas [40]

Answer: sunk costs don't increase as driving increases.

Explanation: sunk costs are irrelevant costs because they have already occured in the past and cannot be avoided. Sunk costs thus do not differ between alternatives, and are unavoidable. The calculation for insurance and other sunk costs are likely not based on the amount of rides the Uber picks up, but rather calculated at a constant rate. So regardless of whether or not the rider pays more or less than the $.50 on the insurance, this will not have any effect on the insurance that is constant and has likely already been paid out.

4 0
3 years ago
Even though the procedure called for you to do so, organic chemists typically do not weigh sodium sulfate when it is used for th
bogdanovich [222]

Answer:

a) Why is it NOT necessary to weigh accurately the sodium sulfate?

Explanation:

The mass of sodium sulfate is not important to the lab because it is not used in any of the calculations to find the partition coefficient of 9-Fluorenone.

8 0
3 years ago
1. "The biggest thing when we talk about personal branding is that it’s a _________" a. Hard thing b. Waiting game c. Process d.
notsponge [240]

Answer:

1- c. Process.

2- d. Consistency.

Explanation:

A personal brand can be defined as a continuous process of using marketing efforts and developing different factors to increase the perception and reputation of a company, individual, group, institution, etc.

Personal brand management corresponds to a continuous process of action and positioning, so that the target audience that you want to reach through your brand, can get to know you, including the values ​​and the solution of the problems and benefits you have to offer.

This is a process that demands consistency of actions and posture, since the process of consolidating a personal brand is a continuous process that requires a lot of research, knowledge and analysis of trends and market, advertising, presence in the media most used by the public, demonstration of seriousness, quality, benefits, quick response to problems, and several other factors that gradually contribute so that through a consistent process the brand has value and is consolidated in the market.

8 0
3 years ago
Data from the financial statements of Crafty Crafts and Hobbies, Inc. are presented below (in millions): Crafty Crafts Hobbies,
earnstyle [38]

Answer:

Crafty Crafts:

Return on Assets Ratio = Net Income/Average Assets x 100

= $1,040/46,350 x 100

= 2.2%

Explanation:

a) Data

                                       Crafty Crafts          Hobbies, Inc.

Total liabilities, 2016            $31,957               $25,461

Total liabilities, 2015              36,104                 30,046

Total assets, 2016                 46,186                 32,872

Total assets, 2015                 46,514                 35,208

Net sales, 2016                    161,466                  81,702

Net income, 2016                    1,040                    1,766

b) Average Assets:

Crafty Crafts = (2016 + 2015 assets)/2 = ($46,186 + 46,514)/2 = $46,350

c) The Return on Assets Ratio: This financial performance ratio shows how much of the earnings is generated from the assets of the company in a particular period.  It shows the efficiency of management to generate profit from the assets.  Usually, the average assets value is used to even the variations over the period.

5 0
3 years ago
Why did Starbucks create the ‘Starbucks College Achievement Plan?’ How does it help the company make money and remain competitiv
Bumek [7]

Explanation:

I mean, everybody deserves to have an achievement plan. So why not make one from it?

7 0
3 years ago
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