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
adelina 88 [10]
3 years ago
5

Climate change is expected to have a major impact on local weather patterns across the United States (and the world). Use a spat

ial equilibrium model for simple system of two cities to predict the effect of climate change on 1) A place where climate change lowers that amenity value of the local climate (call this place Miami) and 2) A place where climate change does not change the local amenity value (call this place Chicago). Which of the following best describes the prediction of your model?
A. Real estate prices in Miami will rise, real estate prices in Chicago will fall.
B. Real estate prices in Miami will fall, real estate prices in Chicago will fall.
C. Real estate prices in Miami will rise, real estate prices in Chicago will rise.
D. Real estate prices in Miami will fall, real estate prices in Chicago will rise.
E. None of the above.
Business
1 answer:
Nata [24]3 years ago
5 0

Answer:

D. Real estate prices in Miami will fall, real estate prices in Chicago will rise.

Explanation:

Real estate prices in Miami will fall because according to the model, climate change will lower the amenity value of the local climate. This means that climate change will make the climate of Miami less desirable for potential residents, causing a drop in the price of the real estate of the city due to less demand.

Chicago on the other hand, will have the amenity level of its climate increased, and this will attract more potential residents who will drive up demand, causing Chicago's real estate prices to rise.

You might be interested in
What is the correct order for applying the following three items to adjust a partner's tax basis in his partnership interest: (1
egoroff_w [7]

Answer: 1, 2, and then 3

Explanation:

To adjust a partner's basis in the partnership, first increase the basis for a share of ordinary business income as this adds to their interest.

Then decrease for share of separately stated loss items as these are losses and will reduce the basis. Finally decrease the basis for any distributions because distributions reduce a partner's interest.

7 0
3 years ago
Mustard Corporation (a C corporation) owns 15% of the stock of Burgundy Corporation (a C corporation), which pays an annual divi
irina1246 [14]

Answer:

Yes, it will affect it.

Explanation:

The dividends received deduction (DRD) refers to a US federal tax law that allows some corporation that are paid dividend by related entities to deduct  certain percentage of the dividend received from their income tax depending on their percentage of ownership of the related entity that paid the dividend.

The three criteria or tiers that determines how much to deduct as DRD are as follows:

1. Generally, the DRD a corporation is qualified for is 70% of the dividend received.

2. A DRD equals to 80% of the dividend received can be deducted if the corporation holds more than 20% but less than 80% shareholding of the company that paid the dividend.

3. If the corporation holds more than 80% shareholding of the company that paid the dividend, a DRD of 100% of the dividend applies.

Therefore, additional stock purchase will affect the amount of dividends received deduction that Mustard can claim.

4 0
3 years ago
Why are we forced to make choices in day-to-day life?
VikaD [51]
Limited resources is what I'm assuming as we mostly use non-renewable resources like fossil fuel
3 0
3 years ago
Read 2 more answers
​J&A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi
rewona [7]

Answer:

1.37

Explanation:

Given that

Operating income = $45,900

Variable expenses = 10%

Fixed expenses = $17,100

The calculation of operating​ income is shown below:-

Contribution margin = Operating income + Fixed expenses

= $45,900 + $17,100

= $63,000

So, Operating leverage = Contribution margin ÷ Operating income

= $63,000 ÷ $45,900

= 1.37

4 0
4 years ago
What is a possible unintended effect of a price floor and price ceiling?
LenKa [72]
<span>Price ceilings prevent a price from rising above a certain level.When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result.Price floors prevent a price from falling below a certain level.When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.When government laws regulate prices instead of letting market forces determine prices, it is known as price control.</span>
7 0
3 years ago
Other questions:
  • Deflorio Corporation’s inventory at the end of Year 2 was $167,000 and its inventory at the end of Year 1 was $152,000. The comp
    6·2 answers
  • You ran a little short on your spring break vacation, so you put $1,000 on your credit card. you can only afford to make the min
    7·1 answer
  • In the durrett v. act, inc. case, the court ruled that the students who clicked on the agreement provisions on the act sites did
    9·2 answers
  • A U.S. bank converted $1 million to Swiss francs to make a Swiss franc loan to a valued corporate customer when the exchange rat
    9·1 answer
  • A(n) _____ is a measure, such as price or quantity, that can take on different values at different times.
    5·1 answer
  • Each month a bank adjusts the initial interest rate it offers to customers who wish to open a new high-yield savings account. Th
    14·1 answer
  • Which of the following food borne illness has a preventative vaccine
    5·1 answer
  • Your company wants to send an announcement about an upcoming fundraiser where they are inviting the community. Which business do
    11·1 answer
  • A statement of cash flows helps answer all of the following: (You may select more than one answer. Single click the box with the
    6·1 answer
  • winston baker will invest $25,000 in a spa that his sister is starting. he will triple his investment in six years. what is the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!