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Law Incorporation [45]
2 years ago
10

Between 1994 and 2006, Fort Myers home prices have increased Faster than the rate of inflation. Using your knowledge of markets,

in 25 words or more explain why.
Business
1 answer:
igor_vitrenko [27]2 years ago
5 0

Answer: The market for homes will be higher when there is increase in the amount of homes being built. In addition, the location of a house determines the cost of the house. For instance, a house located in an urban environment will cost more than the one located in a rural area. Irrespective of having the same components or features, the price will always vary.

Explanation:

Fort Myers is a commercial centre of Lee County, Florida. It is a major tourist destination in Florida. It is a metro city with job markets and a nice quality of live. Between 1994 and 2006, the prices of Fort Myers homes increased more than the rate of inflation. This is due to the quality of life and location of Fort Myers. An increase in the number of houses built increaseD the market for homes. This raised the price of houses higher than the inflation rate.

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Consider three investment plans at an annual rate of 9.38%.
PolarNik [594]

Answer:

Investor A = $545216 .

Investor B = $352377

Investor C = $897594

Explanation:

Annual rate ( r )  = 9.38%

N = 41 years

<u> Calculate the balance at age of 65</u>

1) For Investor A

balance at the end of 10 years

= $2000 (FIA, 9.38 %, 10) (1 + 0.0938) ≈ $33845

Hence at the end of 65 years ( balance )

= $33845 (FIP, 9.38 %, 31) ≈ $545216 .

2) For investor B

 at the age of 65 years ( balance )

= $2000 (FIP, 9.38%, 31) = $322159 x (1 + 0.0938) ≈ $352377

3) For Investor C

at the age of 65 years ( balance )

= $2000 (FIP, 9.38%, 41) = $820620 x (1 + 0.0938) ≈ $897594

7 0
2 years ago
Markley Manufacturing calculated its predetermined overhead rate to be 120% of direct labor cost. During June, the company incur
Nana76 [90]

Answer:

Applied Manufacturing Overheads are $102,000

Overapplied Manufacturing overheads are $18,000

Explanation:

Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.

Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.

In this question the predetermined overhead rate is 120% of direct labor cost.

Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000

Actual overheads incurred = $84,000

Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000

3 0
3 years ago
You are product manager for a company that manufactures copy machines for offices. Therefore, you will most likely
mario62 [17]

Answer:

The correct answer is d. use both personal selling and advertising.

Explanation:

Advertising and personal sales are very related business processes that constitute the volume of a company's activity in marketing and promotion. Advertising and personal sales are methods used by companies to convey the benefits of their brand, product and services to the market. However, they are different views of marketing.

3 0
2 years ago
Employees who are paid to complete a task, such as build a house, are paid on a(n) _____ basis
Ghella [55]

I'm pretty sure it hourly

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2 years ago
Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of w
Kamila [148]

Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.

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Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.

Learn more about Strive for consistency here

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The question was incomplete. Check below the full question.

Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?

a. Supporting internal locus of control

b. Offering informative feedback

c. Strive for consistency

d. Reducing short-term memory load

6 0
1 year ago
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