The Town of Lookout Mountain, Georgia, had a lot of undeveloped lands and became a favorite spot for developers to build subdivisions. In response, the town council voted to restrict the building of new houses to lots of one acre or more. Previously, developers had been able to build several houses on an acre. a. What effect would this new law have on the price per acre of available land in that municipality?
b. What effect would this new law have on the price of new houses in that town?
c. What effect would this new law have on the price of existing houses in Lookout Mountain?

Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.