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Thepotemich [5.8K]
3 years ago
10

When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled ap

artment will be able to find one. a shortage of the apartments will develop. a surplus of apartments will emerge. the scarcity of apartments will be eliminated?
Business
2 answers:
kirza4 [7]3 years ago
5 0

Answer:

a shortage of the apartments will develop.

Explanation:

Demand exceeds supply when prices fall below the equalibrium a shortage of the apartments will develop.

Svet_ta [14]3 years ago
3 0

Answer:

It will lead to an excess demand and a shortage in supply.

Explanation:

Market equilibrium price is the price at quantity demand of a good is equal to the demanded.

From the question, market equilibrium price or rent is the rent at which the number of demand for rented apartments by people who want them is equal to the number of the rented apartments made available by the apartment owners.

When rent control pushes the price of apartments below the market equilibrium, it will lead to an increase in the demand for rented apartment but it will lead to a fall in the supply of rented apartment. This will lead to an excess demand and a shortage in supply.

Consequently, everyone who would like a rent-controlled apartment will be able to find one will not be able to get one, a shortage of the apartments will arise, there will not be a surplus of apartments but shortage, and this will increase the scarcity of apartments.

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Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.7 percent and annual payments. The yield to maturity is 6.9 perc
scoundrel [369]

Answer:

Price of bond = $1,798.27

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV  

The value of bond for Gugenheim, Inc.can be worked out as follows:  

Step 1  

PV of interest payments  

annul interest payment  

= 5.7% × 2000  = 138  

annual yield = 6.9%

Total period to maturity = 13 years

PV of interest payment = 114  × (1- 069^-13)/0.069=958.19

Step 2  

PV of Redemption Value  

= 2,000 × (1.069)^(-13) = 840.078

Price of bond  =958.196089  +  840.078 =1,798.27

Price of bond = $1,798.27

8 0
3 years ago
In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
OleMash [197]

Answer:

The correct answer is A

Explanation:

Master-detail relationship is the relationship where the master states the parent and detail states a child, in which the master object controls or regulate some behaviors of the detailed object.

Cross object formula field is the one, which spans 2 related references and the objects that merge fields on the objects. So, a developer will use the Cross object formula field for displaying into the related list.

3 0
3 years ago
At Emmerson Company, one bookkeeper prepares the cash deposits while the other bookkeeper enters the collections in the journal
marusya05 [52]

Answer:

d. segregation of duties

Explanation:

Segregation of duties defines that when a different number of people doing their duties for the same purpose. For example a person receives an envelope of cheque and another person records in accounting system.

According to the given situation, one person who is bookkeeper prepared cash deposit and another person records the collection of journal and ledger. So, this indicates the segregation of duties

8 0
3 years ago
If the average wage paid to the worker was $20 in the year 1990 and $30 in the year 2000, then the average worker in the year 20
True [87]

Answer:

False

Explanation:

Purchasing power is related to real income and not to nominal income. Even though workers had a $10 increase in their average nominal income, due to the effects of inflation, that increase does not necessarily reflect an improve in purchasing power.

The statement is false.

7 0
3 years ago
Fine Stationery makes personalized stationery of the highest quality. The company maintains a stock of blank note cards, calling
miskamm [114]

Answer:

The manufacturing cycle efficiency is 0.219

Explanation:

In order to calculate the manufacturing cycle efficiency we would have to calculate the following formula:

manufacturing cycle efficiency=value added time/throughput time

value added time= 40 min

throughput time=Process time+Inspection time+movie time+Queue time

throughput time=40+5+15+2+120

throughput time=182 min

Therefore, manufacturing cycle efficiency=40/182

manufacturing cycle efficiency=0.219

The manufacturing cycle efficiency is 0.219

4 0
3 years ago
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