Answer: Inelastic demand
Explanation:
When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is. When demand is more elastic then a fall in price will be less when supply increases.
Answer:
. $11.98
Explanation:
D1 = D0(1+g)
D0 = Last dividend
r = Required rate of retrun
g = Growth rate
Stock price formula = D1/(r-g)
Stock price = D0(1+g)/(r-g)
Stock price = 1*(1+0.054) / (0.142-0.054)
Stock price = 1.054 / 0.088
Stock price = 11.97727273
Stock price = $11.98
For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The <u>1004C</u> form.
For Fannie Mae appraisals of modular homes are to be reported using <u>the standard URAR form.</u>
<h3>What is
Fannie Mae appraisals?</h3>
Fannie Mae is known to be a firm that helps to guide one through appraisals. The appraisal is one that is often used to talk or judge the property in regards to its acceptability for the mortgage loan that is often requested because of its value as well as its marketability.
Therefore, For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The <u>1004C</u> form. For Fannie Mae appraisals of modular homes are to be reported using <u>the standard URAR form.</u>
Learn more about appraisals from
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