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Misha Larkins [42]
2 years ago
5

Prior to 2005, it seemed like house prices always rose and never fell. When the demand for housing increases, prices in the hous

ing market rise but not always by very much. For prices to rise substantially, the supply of housing must be relatively inelastic. That is, if the quantity supplied increases rapidly whenever house prices rise, price increases will remain small. Many have suggested government polices to increase the elasticity of supply. What specific policies might hold prices down when demand increases? Explain.
Business
1 answer:
omeli [17]2 years ago
6 0

Answer:

To hold home prices down, we need to increase elasticity of supply.An inelastic supply is one that cant change quickly to adapt to market changes. An elastic supply in housing means there are house to spare when market demand increases. In an attempt to create an elastic supply in housing, increase spare capacity can be worked on. Reduction in Tax rate for developers and shortening permit processes for building new homes would definitely create additional housing for purchase. To increase elasticity, we must supporting inventories of raw materials. The Lumber and concrete suppliers can be ensure to receive concessions to encourage them to supply additional raw materials.

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Samuel, Inc. has Accounts Receivable of $200,000 and an Allowance for Doubtful Accounts of $10,000. If it writes-off a customer
Tanya [424]

Answer:

Net accounts receivable is $190,000 if Samuel, Inc. writes-off a customer account balance of $1,000.

Explanation:

Net accounts receivable = Accounts Receivable -  Allowance for Doubtful Accounts

In Samuel, Inc., before write-off:

Net accounts receivable = $200,000 - $10,000 = $190,000

The company writes-off a customer account balance of $1,000 by the entry:

Debit Allowance for Doubtful Accounts $1,000

Credit Accounts Receivable $1,000

Allowance for Doubtful Accounts and Accounts Receivable decrease $1,000

Net accounts receivable after write-off = $199,000 - $9,000 = $190,000

3 0
3 years ago
The term ""umbrella insurance"" means a policy that provides coverage when a lawsuit is brought over injuries or damage the insu
shepuryov [24]

Answer:

The correct answer is Travelers Company.

Explanation:

An Umbrella Insurance Policy is a type of coverage that goes beyond traditional insurance for homes, cars and boats. To understand what an Umbrella Insurance Policy is, it is worth analyzing your coverage. This kind of policy protects against vandalism, slander, defamation and invasion of privacy, as well as claims for damages caused to other people or property in accidents. An Umbrella Insurance Policy is very useful when, for example, a person causes a car accident and their original policy does not cover all the medical expenses of those affected. This kind of policy is suitable for individuals with many assets or high-value assets that are highly likely to suffer lawsuits.

7 0
3 years ago
Define an informal business
Katena32 [7]
The informal<span> sector refers to those workers who are self employed, or who work for those who are self employed. People who earn a living through self employment in most cases are not on payrolls, and thus are not taxed. Many </span>informal<span> workers do their </span>businesses<span> in unprotected and unsecured places.</span>
7 0
3 years ago
At the time a $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $300 and petty cash of
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Answer:

A. Debit petty cashier at the end of the

3 0
3 years ago
If an organization allows byod, how can employees make sure that their device is secured?.
Temka [501]

Virtual Private Network (VPN) and antivirus solutions in order to reduce the chances of exposing corporate data.

<h3>What is VPN?</h3>

Users can send and receive data across shared or public networks as if their computing equipment were directly linked to the private network thanks to a virtual private network, which enables a private network to be extended across a public network.

<h3>What is Antivirus software?</h3>

Computer programs used to prevent, identify, and eliminate malware are referred to as antivirus software or anti-malware. In order to find and eliminate computer infections, antivirus software was first created.

To decrease the risk of corporate data being compromised, a smart BYOD policy should mandate that employees always keep their personal devices password-protected (and use multi-factor authentication). Employees should also think about utilizing a Virtual Private Network (VPN) and antivirus software.

To know more about Virtual Private Network (VPN) and antivirus solutions visit:

brainly.com/question/14413254

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7 0
2 years ago
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