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Ede4ka [16]
3 years ago
10

The subject is a 15 year old duplex that would cost $240,000 to build new today. It is in good condition and you estimate the ef

fective age to be 10 years. Your estimate of total economic life is 50 years. Its land value is $60,000. What is its value by the cost approach?
Business
1 answer:
Margarita [4]3 years ago
7 0

Answer:

$242,000

Explanation:

If we use the cost approach to value this duplex home, we must add the cost of the land plus the cost of construction minus the home's depreciation:

property value = $60,000 + $240,000 - ($240,000 x 20%) = $60,000 + $240,000 - $48,000 = $242,000

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Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments
Vladimir [108]

Answer: Craft new initiatives to more strongly differentiate the various products/services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name

Explanation:

Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed, the one that isn't one of the main strategy options that the company can pursue is crafting new initiatives to more strongly differentiate the various products or services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name.

This is because some strategies adjustment are needed and enhancing its competitive power isn't the right thing to do.

3 0
3 years ago
What are the resources og microeconomics?
VikaD [51]

Answer:

resources like land, tools, money, time, labor and enterprise

5 0
2 years ago
Read 2 more answers
You have been asked to analyze the Value Net of the craft brewing and distilling industries in your state, and you have observed
RUDIKE [14]

Answer:

The answer is: Complementary goods and services

Explanation:

Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.

Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.

In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.

5 0
3 years ago
Two months ago, Air-tite Corporation purchased 5,500 pounds of Hydrol, paying $18,700. The demand for this product has been very
butalik [34]

Answer:

A, B.  

Explanation:

A is relevant as the 400-pound remaining can be sold at market price after the special order

B is relevant as the whole 5,500 can be sold at market price instead of the special order

C is irrelevant as the cost has already been uncured

D is irrelevant

4 0
3 years ago
Economics students often confuse (a) diminishing returns related to the variable factors of production and (b) diseconomies of s
Sholpan [36]

Answer:

Marginal Product:

The marginal product of an input that is being used in the production process of a good or services is the extra output generated by using the extra unit of that input. Alternatively, the marginal product is the output generated by the last unit of the input added only.

Explanation:

  1. Diminishing marginal returns means that as you adds more units of that input, the marginal product declines. That is, each additional of extra unit of the input results in decreased and less additional output. For example, the marginal product of labor usually decreases as the amount of labor increases because there is a fixed amount of capital used in the short run, so when labor increases, the capital per unit of labor decreases, which results in each and every extra working being less productive than the previous one.
  2. Dis-economies of scale, whereas, results in an increase in the average cost of production as the number of units increases. That's why diminishing marginal returns refers to production, and dis-economies of scale refers to the average cost. Dis-economies of scale often happened because the production levels get high, there is less management on each employee, resulting in each employee having less motivation to work as hard due to lack of production making it hard to notice that change.So, it may results in the average worker's productivity decreasing, causing the per-unit cost to rise.
7 0
3 years ago
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