Business, 14.02.2020 22:01 ccollingwood

Assume that the average price for a 2,000-square-foot house in the city is exist300,000 and the average rent for a 2,000-square-foot apartment in the city is exist1, 400 per month. Also assume that the average price for a 2,000-square-foot house in the suburbs is exist230,000, the average price for a 2,000-square-foot house in the county is exist326, 667, and the average price for a 3,000-square-foot house in the suburbs is exist450,000. Using comparative statics and the information above, what is the best estimate of the effect of living in the city (relative to living in the suburbs) on home prices? Living in the city changes home prices by exist. (Round your response to two decimal places.)

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

Answers: 2

Answer

Business, 22.06.2019 14:30

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

Answers: 1

Answer

Business, 22.06.2019 21:00

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?

Answers: 3

Answer

Business, 22.06.2019 22:10

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.

Answers: 3

Answer

You know the right answer?

Assume that the average price for a 2,000-square-foot house in the city is exist300,000 and the aver...

Questions