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aliina [53]
3 years ago
9

In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of apartments demanded a. is grea

ter than the quantity supplied. b. equals the quantity supplied. c. is less than the quantity supplied. d. might be greater than, equal to, or less than the quantity supplied depending on whether the supply curve is upward sloping, horizontal, or vertical. e. None of the above
Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

The answer is: B) equals the quantity supplied.

Explanation:

For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).

You might be interested in
Fact Pattern 18-B1
Roman55 [17]

Answer:

D) substantial, but not complete, performance

Explanation:

Even though Moses breached his contract with Noelle, most part of the contract was performed. The most significant part of the contract was the apartment itself, not the air conditioning system. For a material breach to exist Moses should have failed to perform in a greater way, not just the air conditioning. Probably Noelle should get a discount on the price of the apartment so that she can get the air conditioning system installed.

The fact that Noelle stopped paying for the apartment just because of this is a little overreacting. For example, if I buy a used car and the previous owner forgets to give me the spare tire, I cannot stop paying because it may be worth money but proportionally it's a small amount.

6 0
3 years ago
Bethea Financial Services had a debit balance of $32,217 in their Fair Value Adjustment account on December 31, 2020. Based on t
kaheart [24]

Answer:

Debit

$14,181

Explanation:

Given:

Fair Value Adjustment account = $32,217 (Debit)

Net unrealized gain = $46,398 (Credit)

According to Fair Value Adjustment account , Debit balance is lower than Credit balance, So they should Debit (Fair Value Adjustment account)

Debit amount = Net unrealized gain - Fair Value Adjustment account

Debit amount = $46,398 - $32,217

Debit amount = $14,181

5 0
3 years ago
The aggregate demand curve shows a _____ relationship between _____ and _____ at a given spending growth.
rewona [7]

The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.

<h3>What is demand?</h3>

Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.

If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.

If the prices are lower the demand for the product will increase.

Learn more about demand and supply at brainly.com/question/27305760

#SPJ1

5 0
2 years ago
The BRS Corporation makes collections on sales according to the following schedule:
RideAnS [48]

Answer:

$110,300

Explanation:

June collections will comprise of

25% of June sales

71% of May sales

4% of April sales

<u>25% of June sales </u>

=25/100 x 100,000

=$25,000

<u>71% of may sales</u>

=71/100 x $110,00

=$78,100

<u>4% of April sales</u>

=4/100 x $180,000

=$7,200

Total June collections

=$25,000 + $78,100 +$7,200

=$110,300

5 0
3 years ago
What are some good ways to convince your mom to let you stay over your best friend house because of the rona?
Luden [163]

Answer:

give ur mom the corona and then u cant stay in the house because anything could be infected

or just annoy her so much that she kicks u out

Explanation:

6 0
3 years ago
Read 2 more answers
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