Answer:
More money and enganment to whoever they're purchasing from.
Explanation:
Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.
For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.
This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.
Answer:
Gary's Basis in the partnership interest is $155,000
Explanation:
Particulars Amount ($)
Adjusted Basis Of Land 250000
Mortage*Share In Percentage ($200000*50%) (100000)
Additional Borrowing*Share In Percentage ($50000*50%) (25000)
#Difference*Share In Percentage ($100000-$40000)*50% 30000
Basis 155000
Difference:
Net Income 100000
Distribution Of Each Partner*2 ($20000*2) (40000)
it is intrapersonal, and i know that for a fact.