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STatiana [176]
3 years ago
15

According to the Census Bureau, in October 2016, the average house price in the United States was $27,258. 6 years earlier, the

average price was $20,608. What was the annual increase in the price of the average house sold?
Business
1 answer:
krek1111 [17]3 years ago
5 0

Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6

Annual average increase = $6650.6/6 = $1,108.4

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melamori03 [73]
It is the standard (IRS) form that individuals use to file their annual  income tax returns
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3 years ago
Read 2 more answers
Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0
3 years ago
Isabella is working with her boss on how to achieve the goals that have been set for the next year. So far they have agreed that
EastWind [94]

Answer:

B) MBO

Explanation:

An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.

The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).

Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.

4 0
3 years ago
Hanif specializes in senior photographs. He knows that during the spring before high school graduation he can charge more for an
yanalaym [24]

Hanif will supply less tutoring now, shifting supply to the left as he is expecting this price increase in the future.

<h3>What is a supply curve?</h3>

A supply curve, in economics, is a graphic illustration of the connection between product charges and the quantity of product that a vendor is inclined and able to supply.

Product price is measured on the vertical axis of the graph and the number of products provided on the horizontal axis.

Therefore, Hanif will supply less tutoring now, shifting supply to the left as he is expecting this price increase in the future.

learn more about supply curve here:

brainly.com/question/516635

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8 0
2 years ago
A monopolistic firm has a sales schedule such that it can sell 10 prefabricated garages per week at $10,000 each, but if it rest
Wewaii [24]

Answer:

option (D) $1,000

Explanation:

Data provided in the question:

Sales when 10 prefabricated garages per week are sold = $10,000 each

Sales when 9 prefabricated garages per week are sold = $11,000 each

Now,

Marginal revenue is given as Change in revenue with 1 unit change in production

Thus,

Marginal revenue = ( $10,000 × 10 ) - ( $11,000 × 9 )

= $100,000 - $99,000

= $1,000

Hence,

The answer is option (D) $1,000

7 0
3 years ago
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