Answer:
The answer is: 3. The quantity of available rental housing units falls
Explanation:
Rent control is a type of price ceiling, where the price of a product is artificially lowered below the equilibrium price.
Whenever a price ceiling is introduced, the quantity supplied of products or services will decrease. That happens because as the price of a product increases, suppliers are willing to offer a larger quantity of that product. But if the price of a product decreases, suppliers will be willing to offer smaller quantities of that product. (Law of Supply).
Answer: 10%
Explanation:
You can use Excel to solve for this.
The investment will be in negative as shown below.
Input the increase in net annual cash flows 7 times to represent 7 years.
IRR = 9.9999%
= 10%
Answer:
Termination of Co-ownership by Partition
Explanation:
After intestate succession partakes in possession by a set of people, they become tenants in general . she does not, then when she goes, her share transfers to her descendants.
- Each tenant in common may terminate his or her co-ownership by a legislative action termed a partition. In a partition action, the judge will attempt to physically split the estate among the co-owners in percentage to their corresponding additional shares.