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laila [671]
3 years ago
13

Assume the figure to the right illustrates the market for houses for sale in a small city.

Business
1 answer:
DiKsa [7]3 years ago
4 0

Based on the demand and supply at $200,000, the surplus would be<u> 400 houses</u>. The equilibrium price for this market is <u>$150,000.</u>

<h3>What is the surplus at $200,000?</h3>

The supply at $200,000 is 800 houses and the demand is 400 houses.

The surplus would be their difference which is:

= 800 - 400

= 400 houses

<h3>What is the equilibrium price?</h3>

This is the price where supply and demand are equal. This point is where both the supply and demand curves intersect.

That price is $150,000.

Find out more on supply surplus at brainly.com/question/1483399.

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You purchase 20 shares of common stock at $15.20 per share. a few months later, you sell the shares for $10.12. no dividends wer
ANEK [815]
Purchased common stocks: 1.025 x 20 shares x $15.20 = $311.60
Sold common stocks: (1 - 0.025) x 20 shares x $10.12 = $197.34

To get the gain or loss of the stock transaction:
$197.34 - $311.60 = ($114.26) 

Negative result signifies loss.

The answer is there is a loss of $114.26
8 0
4 years ago
Soft skills in consumer industry
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Soft skills : attitude, communication,

creative thinking, work ethic teamwork,

networking, decision making, positivity, time management, motivation, flexibility,

problem-solving, critical thinking, and conflict resolution.

7 0
3 years ago
Assume that you wish to purchase a 20-year bond that has a maturity value of $1,000 and makes semiannual interest payments of $4
Savatey [412]

Answer:

$828.36

Explanation:

As for the information provided,

The value = $1,000

Life = 20 years, since interest is semi annual, effective period = 20 \times \frac{12}{6} = 40 periods.

Semi annual interest = $40

Annual interest = 10%, effective interest rate = 5%

Future Value Interest rate = $40 \times (\frac{1}{(1+0.05)^1} +\frac{1}{(1+0.05)^2} +\frac{1}{(1+0.05)^3} +\frac{1}{(1+0.05)^4} +\frac{1}{(1+0.05)^5} +\frac{1}{(1+0.05)^6} +\frac{1}{(1+0.05)^7} +.................. + \frac{1}{(1+0.05)^4^0} )

= $40 \times 17.159 = $686.36

Future Value of Principal = $1,000 \times \frac{1}{(1 + 0.05)^4^0}

= $1,000 \times 0.142 = $142

Thus, current price of bond = $686.36 + $142 = $828.36

5 0
3 years ago
When moving to a new rental, you'll likely need to pay a security deposit.
posledela

Answer:First and last months rent

Explanation:

4 0
3 years ago
Which of the following statements describes the typical effect of creating a large number of refined activity cost pools for a g
lutik1710 [3]

Answer:

Hence the correct option is Option (2).

Explanation:

The correct option is (2) A system containing a large number of cost pools will not tend to exhibit substantial cost accuracy over a system containing seven to ten cost pools.

8 0
3 years ago
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