The answer is true, hope that helps!!
Answer: Decrease, decrease
Explanation: Substitute goods are those goods that are used in place of each other. When the price of a substitute good falls, it becomes more attractive to the consumers. Here, wood planks and wood beams are substitutes to each other. So, when price of wood plank falls, demand for wood beams will decrease, shifting the demand curve to the left. As a result, of this the equilibrium price of wood beams and the quantity of wood beams will also decrease.
Answer:
The correct answer is Maverick buying.
Explanation:
Maverick, is a wayward, a dissident, a rebel, someone who refuses to abide by the rules or resists joining a group. The term originates from Samuel A. Maverick (1803-1870), a Texas rancher, who refused to mark his cattle.
The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.
Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.
The impact of bypassing the preferred purchasing channels and systems can vary from operational inefficiency, to missing out on the advantages of corporate contract negotiation, large fines and even jail time.
Answer:
Serendipity
Explanation:
From the question we are informed about Larry, who is the owner of small hotel resort, would like to advertise his hotel in major American newspapers and magazines as a part of his larger strategy. However, he doesn't have enough money to do so. One day, he meets Todd, the owner of a group of newspapers and magazines, who offers him advertising space in his publications on the condition that Larry provides him with a free stay at the hotel. This is an example of Serendipity.
Serendipity can be regarded as unplanned fortunate discovery, which is a common occurrence that could take place throughout the history of a particular product invention as well as scientific discovery. It can be explained as the luck that comes to some people way as they are finding or creation of interesting things as well as valuable things by chance
Answer:
$1,032
Explanation:
Calculation to determine What monthly rent must she charge for each apartment to break even
First step is to calculate the Monthly costs using this formula
Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs
Let plug in the formula
Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]
Monthly costs= $1,510 + 192+ 121 + 241
Monthly costs= $2,064
Now let calculate the Break-even monthly rent per apartment
Using this formula
Break-even monthly rent per apartment = Monthly costs / 2
Let plug in the formula
Break-even monthly rent per apartment = $2,064 / 2
Break-even monthly rent per apartment = $1,032
Therefore What monthly rent must she charge for each apartment to break even will be $1,032
