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DaniilM [7]
3 years ago
6

A developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell f

or what are record-setting high prices for the area. The owners of the older, lesser-valued houses in the neighborhood may find that the values of their homes are affected by what principle
Business
1 answer:
Mashutka [201]3 years ago
8 0

Answer:

Progression

Explanation:

Progression in real estate occurs when the property in a given area improves in value as a result of more expensive property bring built in the area.

This is one major way real estate appreciates in value. Some property owners wait for others to develop the area and naturally their own property appreciates in value.

In this scenario the developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell for what are record-setting high prices for the area.

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A purely domestic firm that sources its products, sells its products, and raises its funds domestically. . Which of the followin
Arisa [49]

Answer:

b. cannot be more competitive than a MNC on its home turf even if it has superior knowledge of the local market.

Explanation:

In the given scenario a company that sources its products, sells its products, and raises its funds domestically will most likely have more competitive advantage than a multinational corporation.

This is due to the fact that it has superior knowledge of the local market.

MNCs will have a hard time adapting to the local market to compete effectively with the local companies.

However local businesses and MNCs will face common challenges like country risk and exchange rate risk.

Because MNCs have ability to source its products in one country, sell them in several countries, and raise its funds in a third country they will provide a stiff competition

5 0
3 years ago
Regardless of on whom a tax is levied, sellers face which of the following?
IceJOKER [234]

Answer:

A a decrease in the amount of money they receive

Explanation:

If the seller levies the tax on the customer, the tax will increase the price of a product and in turn decrease the demand for the product. Decreased demand, in turn, will reduce the total revenue.

But if the seller levies the tax on themself, it will not increase the product price but lower the seller revenue directly. Either way, the revenue of the seller will be decreased.

7 0
3 years ago
An auditor wants to verify that for a given inventory acquisition, (1) the merchandise was ordered by the company, (2) the merch
choli [55]

The answer is: 1. the merchandise was ordered by the company

The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.

5 0
3 years ago
Help please!!
vazorg [7]
The amount your insurance company is willing to pay in case you,your property or others are hurt
8 0
3 years ago
Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
murzikaleks [220]

Answer:

$3,283

Explanation:

Calculation for the overhead cost be added to Job W at year-end

Using this formula

Overhead cost =(Overhead cost / Direct Labor) *Job W Direct Labor

Overhead cost=($6,365 / $9,500) *$4,900

Overhead cost=0.67*$4,900

Overhead cost=$3,283

Therefore the overhead cost be added to Job W at year-end is $3,283

4 0
3 years ago
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