1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
defon
4 years ago
13

When a homeowner wants to sell his or her home, the property is typically posted on a regional listing service. In a particular

region, 60% of the new properties added to the listing service in an average week are ``houses''. The remaining 40% of new listings added are ``condominiums''. The average house listed on the service stays there for 4.5 weeks, before it is either sold or the listing taken out for other reasons. The average condominium stays listed for 8.25 weeks. What percent of active property listings on the service (i.e., properties posted on the listing service but not yet removed) are condominiums?
a. 40
b. 50
c. 55
d. 60
Business
1 answer:
soldier1979 [14.2K]4 years ago
4 0

Answer:

c. 55

Explanation:

As for the provided information, we know that

Percentage of active condominiums shall be calculated where the base shall be total property and the numerator shall be the active condominiums.

As provided condominiums = 40%

Active condominiums = 8.25 \times 40% = 3.3

Total property time = 8.25 \times 40% + 4.5 \times 60%

= 3.3 + 2.7 = 6.0

Therefore, percentage of active condominiums = \frac{3.3}{6.0} \times 100 = 55%

You might be interested in
Step One: Review several stocks by looking at stock tables and reading news articles. When you read about the company, be on the
Rufina [12.5K]

What does Wells Fargo invest in?

It can be intimidating to entrust a banking institution to store, grow and invest your money. Wells Fargo is one such bank that's been helping its customers and businesses through banking accounts, lines of credit, investing services for more than 160 years. The most common way to purchase individual stocks is through a brokerage account. A Financial Adviser can help you select stocks. The bank reported a profit of $6.06 billion, or $1.21 a share. Analysts polled by Infinitive had expected earnings of $1.18 a share.

Walmart

The retailer offers a variety of services, including retail goods, pharmacy, financial, wireless and photo lab services. Walmart makes $14.7 billion a year in profit and $482 billion a year in total revenue. That would make Walmart the 12th biggest country in the world, if it were a country. Walmart makes $40 million a day in profit and $466 in profit every second.

6 0
3 years ago
Read 2 more answers
Taylor has added the tables tblcontractor, tblbilling, and tblinvoices to the relationships window. he has created a relationshi
Eduardwww [97]
This type of relationship is "one-to-one relationship".
One-to-one relationship is a term that shows a relationships of two items in which only one item can belong to the other item as taylor show the <span>relationship between the tblbilling and tblcontractor, </span>and you can easily represent this type of relationship in databases and you can easily understand this relationship.
5 0
3 years ago
A firm in monopolistic competition that introduces a new and differentiated product will temporarily have a ________ demand for
salantis [7]

In monopolistic competition, a firm introduces a new and differentiated product and will temporarily have a <u>less elastic</u> demand for its product and is able to charge a <u>higher price than before</u>.

Monopolistic competition exists while many agencies offer competing products or services which are similar, but no longer perfect, substitutes. The limitations to entry in a monopolistic aggressive industry are low, and the choices of any individual company no longer directly have an effect on its competition.

The demand curve as confronted with the aid of a monopolistic competitor isn't always flat, but as a substitute downward-sloping, which means that the monopolistic competitor, just like the monopoly, can increase its price without dropping all of its customers or lower its price and advantage greater customers.

A monopolistic market is a market structure with the characteristics of a natural monopoly. A monopoly exists when one provider gives a particularly suitable provider to many purchasers. In a monopolistic marketplace, the monopoly (or dominant employer) exerts manipulation over the market, enabling it to set the charge and supply.

Learn more about Monopolistic competition here brainly.com/question/2891218

#SPJ4

5 0
2 years ago
Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th
lora16 [44]

Answer:

d) Materiality

Explanation:

Materiality is defined as the impact of the omission of trivial matters that are important to the report audience. In the question given this materiality is the reason why the company's independent accountants did not protest.

I hope you find this information useful and interetsing! Good luck!

5 0
4 years ago
What can be protected by a patent?
fredd [130]

Answer:

C.

Explanation:

You can patent an Idea so that no one else can use it.

Hope this helps :)

7 0
2 years ago
Other questions:
  • Clive's manager appointed him to lead the marketing group because Clive emerged as a natural team leader in a previous assignmen
    12·1 answer
  • Maiko lost her job and she was forced to sell a rental property because she did not have other funds​ (liquid, emergency,​ etc)
    10·1 answer
  • A preliminary prospectus_____________.
    7·1 answer
  • As the evolution of personal selling continues, which of the following is not a predicted sales force response to an expected ch
    9·1 answer
  • Depreciation Methods Clearcopy, a printing company, acquired a new press on January 1, 2019. The press cost $173,400 and had an
    5·1 answer
  • For human services pleaseeeeeeeeeeee help &lt;3
    5·1 answer
  • What are the 3 important reasons to reconcile bank and credit card as a set date ​
    13·1 answer
  • Indirect materials include ______.
    12·1 answer
  • Actual overhead costs may not be proportional to the actual amount of the allocation base used because ______. Multiple select q
    9·1 answer
  • A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $62; Sec
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!