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Luba_88 [7]
3 years ago
11

Suppose there are two cities that have rent controlled apartments. In one city (Albany) all apartments are subject to rent contr

ol; in the other city (Halftrack) one-half of the apartments are rent controlled. Which of the following is most likely to be true?A) It will be difficult to find a rent-controlled apartment in Albany or Halftrack; rents for the Halftrack apartments not subject to controls will be higher than they would be without rent control.B) It will be easier to find an affordable apartment in Albany since rents will be low across the board.C) It will be easier to find an affordable apartment in Halftrack, either a rent -controlledapartment or another apartment, at a reasonable price.D) It will be impossible to rent an apartment in either city at any price.
Business
1 answer:
PilotLPTM [1.2K]3 years ago
4 0

Answer:

Which of the following is most likely to be true?

A

Explanation:

A) It will be difficult to find a rent-controlled apartment in Albany or Halftrack; rents for the Halftrack apartments not subject to controls will be higher than they would be without rent control

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Which of the following statements about the relationship between interest rates and bond prices is true? I) There is an inverse
BaLLatris [955]

Answer: A. I and IV only

Explanation:

The relationship between bond prices and interest is an inverse one. This is because bonds have fixed rates so when for instance interest rates increase, the fixed rate of bonds will become less attractive as people would want to make the higher interest. They will therefore demand less of bonds and the prices will drop. The reverse is true.

Also, long term bonds are more affected by interest rate changes then short term bonds. This is because, as they have a longer term till maturity, they will be even less attractive when interest rates rise.

7 0
3 years ago
As you start consuming potato chips, your marginal utility is very high, but begins to fall slowly until you've eaten 10 chips.
avanturin [10]

Answer:

The law of diminishing marginal utility.

Explanation:

Marginal utility is basically satisfaction derived from consuming an extra unit of product. According to the law of diminishing marginal utility as consumption increases the marginal utility derived from each additional unit decreases.

So when we consume 1 chips marginal utility is high, then as more is consumed we still get some positive utility out of it but at a decreasing rate now. At some point this utility equals zero after which it starts declining as more chips are consumed because it is not providing any satisfaction now. Therefore the chips should be consumed only up to the point where the marginal utility equal zero.

7 0
3 years ago
Cajemp Inc. is a real estate developer that has been in the market for several years. Most real estate developers are now constr
seraphim [82]

Answer: competitive inertia

                       

Explanation: Competitive inertia or corporate inertia refers to a company that is rigid in its way of operations and refuses to change its way of thinking as per the changing norms in the industry.

In the given case, Cajemp inc. is refusing to start making building from concrete blocks in place of brick and mortar due to their positive past experiences.

Hence from the above we can conclude that the given case illustrates competitive inertia.

8 0
3 years ago
Listed below are current asset items for Lester Company at December 31, 2019. Finished goods inventory $35,000 Cash 22,000 Prepa
ioda

Answer:

Current Assets :

Work in process inventory          23,000

Raw materials inventory              17,000

Finished goods inventory           35,000

Supplies                                            500

Accounts receivable                     4,000

Prepaid expenses                         2,000

Short-term investments              25,000

Cash                                            22,000

Total                                           128,500

Explanation:

Current Assets are always shows in the order of their liquidity in the Balance Sheet. That is the order in which they are quickly be converted into cash within a period of less than 12 months. Start with the Inventories to cash and cash equivalents as shown above.

7 0
3 years ago
Jake Entertainment Corporation has three segments with revenue, operating income, and depreciation and amortization information
frosja888 [35]

Answer:

Video Games = 35%

Explanation:

As for the provided information, we have:

Operating Income given is exclusive of Depreciation and amortization as operating income do not include so:

Therefore:

EBITDA as percentage of Revenue shall be :

= \frac{Operating\ Income}{Total\ Revenue} \times 100

For each segment the calculation shall be:

Film = \frac{1,500}{5,000}\times 100 = 30%

Theme Park = \frac{320}{1,000} \times 100 = 32%

Video Game = \frac{175}{500} \times 100 = 35%

Since the highest percentage is that of video games, it is the most productive.

The options provided do not relate to this question.

8 0
3 years ago
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