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
Y_Kistochka [10]
2 years ago
6

6. In 1996, the average house price in the UK was about $75,000. By 2007, prices had risen to around $190,000. This increase in

prices had been fueled by rising incomes and cheap loans.
a) Draw a demand and supply diagram to show what caused house prices to rise between 1996 and 2007.

b) There is an improvement in technology in the housing industry. Draw a diagram to show the effect this would have on house prices.
Business
1 answer:
Tom [10]2 years ago
5 0

Please find attached the required diagrams.

As a result of the rising incomes and cheap loans, the demand for houses would increase. This would cause an outward shift of the demand curve. As a result, equilibrium price and quantity of houses would increase.

An improvement in technology in the housing industry would lead to an increase in the supply of houses. This would lead to an outward shift of the supply curve. Equilibrium price would reduce and equilibrium quantity would increase.

A similar question was answered here: brainly.com/question/14456267

You might be interested in
Brain Teaser: You are driving a bus, 6 people get on, 2 people get off, then 10 get on and 5 get off, and then 8 get on and 4 ge
natita [175]
The answer is whatever eye color your eyes because you are driving the bus. in my case, the asnwer is brown.

how about this one: a bus driver was heading down the street. He turned left at a no-left turn sign and went the wrong way down a one-way street. even though he passed right by a police officer, the police officer didn't arrest him. Why?








































































































A: The bus driver was walking. I never said that he was driving.

8 0
3 years ago
Read 2 more answers
After suffering a debilitating injury, Ahmad (47) retired on disability after teaching high-school math for several years. He ha
VMariaS [17]

Answer:

Ahmad must report his disability payments as income.

Explanation:

Disability payments are taxable only if the insurance premium was paid by Ahmad's employer (which happened in this case). If Ahmad had paid the premium himself, then the disability premiums would not be considered income. If the premiums had been paid by both Ahmad and his employer, then only the proportion paid by Ahmad's employer would have been taxed.

4 0
3 years ago
What did launching the birthday cake oreo tell nabisco about the market?
sveta [45]

Answer:

It gives the child more protection so like say we didn't have seat belts then you got into a car accident then you would fly forward and if you had a seatbelt it wouldn't make you fly forward.

Explanation:

3 0
3 years ago
Read 2 more answers
An investor will choose between Asset Q with an expected return of 6.5% and a standard deviation of 5.5%, Asset U with an expect
MakcuM [25]

Answer:

Asset U

Explanation:

Reward-to-volatility ratio for Asset Q = Expected return / standard deviation

Reward-to-volatility ratio for Asset Q = 6.5% / 5.5%

Reward-to-volatility ratio for Asset Q = 1.1818

Reward-to-volatility ratio for Asset U = Expected return / standard deviation

Reward-to-volatility ratio for Asset U = 8.8% / 5.5%

Reward-to-volatility ratio for Asset U = 1.6

Reward-to-volatility ratio for Asset B = Expected return / standard deviation

Reward-to-volatility ratio for Asset B = 8.8% / 6.5%

Reward-to-volatility ratio for Asset B = 1.3538

The  investor should prefer Asset U because its has the highest reward to volatility ratio among the three options.

8 0
3 years ago
Which goal incorporates most of the criteria required for a SMART goal?
stellarik [79]

Answer:

E. Zeenat plans to become a kindergarten teacher, she has a part-time job to help finance her education and plans to obtain her graduate degree in education in three years.

Explanation:

SMART stands for SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC, TIME-HORIZON.

if look at the above answer, it has all the qualities of a SMART goal.

8 0
3 years ago
Read 2 more answers
Other questions:
  • On January 4, 2019, Kiley Co. leased a building to Dodd Corp. for a ten-year term at an annual rental of $200,000. At the beginn
    11·1 answer
  • In this career, you might teach hunting classes, monitor fish populations, and work to create new areas for recreation and prese
    15·2 answers
  • Waterway Industries can produce 100 units of a component part with the following costs: Direct Materials $15800 Direct Labor 690
    10·1 answer
  • [The following information applies to the questions displayed below.] The following information was reported in the December 31,
    11·1 answer
  • "The risk-free rate of return is 4 percent, and the market return is 10 percent. The betas of Stocks A, B, C, D, and E are 0.85,
    13·1 answer
  • Ceilings are thought to represent the level at which more difficult questions would not be passed.
    5·1 answer
  • Vibrant Company had $980,000 of sales in each of three consecutive years 2016–2018, and it purchased merchandise costing $540,00
    7·1 answer
  • Jessica is considering putting $50 into a money market account that pays a 4 percent annual interest rate. It will take year(s)
    9·1 answer
  • The country of Bolivia had a Gross Domestic Product of $79 billion in 2016 and a population of 11 million people, the GDP per ca
    12·1 answer
  • A division reports the following figures: Sales = $14,000; Net income = $2,800; Average assets = $28,000. The division's profit
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!