All categories

3 years ago

The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called:

Business

1 answer:

ArbitrLikvidat [17]3 years ago

3 0

Answer:

Blockbusting

Explanation:

The practice of making false statements about a property in order to lower its value and increase the buyer’s profit is called Blockbusting. Blockbusting is the method of convincing landlords to sell estate cheaply, which was done by the U.S. property agents and construction developers and they do this by developing terror in the people that people with different racial and class will be soon relocating in the neighborhood and hence benefiting via reselling at a more expensive cost.

You might be interested in

what percentage of the total variation in candy bar sales is explained by prices? a. 88.54% b. 48.19% c. 78.39% d. 100%

MaRussiya [10]

Answer:

The correct option is c. 78.39%.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation to the answer is now given as follows:

In regression model, R-squared (R^2) is the statistical measure that shows the percentage of the total variation a dependent variable that is explained by an independent variable(s).

From the question, the candy bar sales is the dependent variable while the Price is the independent variable.

Therefore, the R^2 is calculated using the RSQ function in the Microsoft excel.

Note: See the attached excel file for the calculation of the R^2 using the RSQ function.

For the data in the excel, the R^2 is calculated by simply typing =RSQ(C3:C8,B3:B8) anywhere in the attached excel file. This gives 0.7839. Converting this to a percentage gives 78.39%.

Therefore, percentage of the total variation in candy bar sales explained by prices is 78.39%. The correct option is c. 78.39%.

Download xlsx

xlsx

pdf

4 0

3 years ago

Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business.

lina2011 [118]

Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business. Add two (2) or more examples of Business Rewards to this list:

Business Rewards

A deep sense of satisfaction

Being the one in control

Providing sustainable jobs and income for others

The opportunity to give back / community responsibility

The satisfaction of excellent customer feedback

Financial Rewards

After conducting additional research, what other business rewards can you add here?

Answer:

1. Independence and Flexibility

2. Learning opportunities

Explanation:

The rewards of having a business are tremendous and cannot be overemphasized. Hence, asides from the listed business rewards, here are two additional business rewards

1. Independence and Flexibility: One of the rewards of doing business is the independence that comes with it. As the business grows, a business owner gets to have the independence to work whenever he wishes, and have the flexibility of time to be active in business life and other events outside the business.

2. Learning Opportunities: business activities allows business owners to see and learn how certain aspects of the business is getting done. Even when there are employees to perform those functions, business owners still have the opportunity to see, learn, and understand how those activities are being carried out.

3 0

3 years ago

California courts have held that if a lease is written, then it must be

natita [175]

It must be signed off the leaseholder

4 0

2 years ago

A fourminusfirm concentration ratio measures

maria [59]

A four-firm concentration ratio measures the fraction of an industry's sales accounted for by the four largest firms. A four-firm concentration ratio compares different companies within the same market and the type of control they have over it. The control is in relation and indication of an oligopoly that the companies create together.

6 0

3 years ago

Suppose there is a shortage in a local market for clean drinking water (assume this market is free and competitive). Which of th

andrew-mc [135]

Answer:

The correct answer is letter "B": The price will not increase but firms will increase the quantity supplied to promote the social interest.

Explanation:

Perfectly competitive markets are characterized by having companies offering an undifferentiated product, being price takers because firms posses a small market share which does not allow them to have a major influence in the price, and by free entry and exit of competitors.

Then, if there is a shortage of clean drinking water in a local market that is perfectly competitive, the shortage would not last much since new producers would enter the market to process water so it can be offered purified. As drinking water is a basic good, the number of organizations entering the market is likely to be substantial.

4 0

3 years ago