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qaws [65]
3 years ago
5

A rent control law, where tenants pay below-market rents, is a market restriction that may induce a decrease in the supply of re

nted apartments.
Business
1 answer:
Kazeer [188]3 years ago
3 0
The statement above is TRUE. This is because, when the price of a commodity is set below the equilibrium price, the quantity demanded will exceed the quantity supplied. The rent control is meant to favour the consumers and because the price is now lower, the consumers will demand more while the supplier will supply less because their profits have been negatively affected.
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3 years ago
Which type of marketing channel arrangement is especially good for a firm to use in global marketing where the creation of marke
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5 0
3 years ago
Consider a single-server queuing system. If the arrival rate is 82 units per hour, and each customer takes 36 seconds on average
Tanzania [10]

Answer:

The average # of customers in the line is 4.

Explanation:

arrival rate, x = 82/3600

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service rate, y = 1/36

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utilisation, p = x/y

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                    = 0.821

average number of costomers = p^2/[1 - p]

                                                   = (0.821)^2/[1 - 0.821]

                                                   = 3.75

Therefore, The average # of customers in the line is 4.

6 0
3 years ago
What time frame is stock investment appropriate for
Ahat [919]
When the market is low. And prices are right. Cause i invest in silver and i buy when silver is low and then sell when its high.
I cant tell you what to invest in however.
Hope this helps.
4 0
2 years ago
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