9. The exogenous influences on real estate demand-be able to discuss any potential effect on demand and the ultimate effect on prices/rents. 10. How do we measure demand in rental market (check example exercise)?
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- 3. How do the laws of demand and supply work for the real estate market? How do prices/rents change depending on demand/supply? 4. What markets should we be looking for, for profitable real estate investments? (also diagrammatically)nentQu102 Search (Alt+Q) Mailings Review View Help As 三、=、m。田H T AaBbCcDd AaBbCcDd AaBbC AaBbCc =三、 、田 1 Normal 1 No Spac. Heading 1 Heading Paragraph Styles 3) Use the table below to answer the following question. Table 3 Price of Jolt Income Level Jolt Sales $25,000 Price of Coke $1.00/can $1.40/can 2014 $1.00/can 15,000 cases 2015 $1.00/can $1.00/can $25,000 25,000 cases 2016 $1.40/can $35,000 15,000 cases 2017 $1.40/can $1.40/can $35,000 5,000 cases a. Refer to Table 3. What is The Income elasticity of demand for Jolt? b. What type of good is Jolt when it comes to price elasticity of demand? What type of good is Jolt when it comes to income elasticity of demand? d. What is the cross-Price elasticity between Coke and Jolt? Are Coke & Jolt Complements or substitutes? C. e.Customer value Is best understood as. a. The purchasing power that CUstomers benetit trom a certain product. b. The gained benefits, both monetary and nonmonetary, that custormers receve trom a product c.The degree of consumer confidence that customers benefit from the purchasing process. d. The level of customer service that custormers obtain from a company e. The customer relationship shared between a company and its stakeholders.
- Discuss how the demand and supply for a particular product/s have changed in the last 2-3 years. Discuss the product, and how one or a few of its determinants of demand and supply has changed in the last few years. You can use a diagram to illustrate your response. Also, discuss how the price of that product and the equilibrium quantity has changed due to changes in the demand and supply for that product.The price of crude oil increased to its highest level due to conditions which impactedsupply. Historically, crude oil has traded at between 70 and 150 USD per barrel. But theprice increased to over 200 USD in March 2022. Growing demand in Canada for crude tobe turned into refined petroleum, coupled with a sharp fall in production in Saudi Arabiahave both been factors in the price increase. Bauxite production in Saudi Arabia for 2017-18 fell 65% year-on-year due to an agreement with OPEC. The Energy InformationAdministration predicts that global consumption of crude oil is likely to be greater thanproduction by 20 million barrels this year.In the US, companies in the steel and alumina industry have put pressure on the USgovernment to relax import controls, warning that otherwise they might run out of petrol.Commentators predict that most steel and alumina producers will be unaffected becausecrude is such a small part of their spending.a. Explain, using supply and demand analysis, why…5. How would an exogenous factor affect the demand/supply for real estate? (either positive or negative) 6. How do we measure demand?
- 9. The effect of relative prices and substitutes on demand- examples. 10. Mortgage rates and demand for housing - how interest rates affect demand for real estateDirections : Analyze and refer to the images below. Afterwards, answer the following1. Define and enumerate the types of rent . Give example also on each type of rent .explain in detail with the help of graph ? Does the sales tax affect the consumers with price increase ?
- The owner of an apartment building can rent all 60 apartments if she charges $1,800 per month, but she rents one fewer apartment for each $60 increase in monthly rent. (a) Construct a table that gives the revenue generated if she charges $1,800, $1,860, and $1,920. No. of Apts Rent Total Revenue 60 $1,800 $ 59 $1,860 $ 58 $1,920 $ (b) Does her revenue from apartment rentals increase or decrease as she increases the rent from $1,800 to $1,920? O revenue increases O revenue decreases (c) Write an equation that gives the revenue R, from apartment rentals if she makes x increases of $60 in the rent. R(x) = (d) Find the rent she should charge to maximize her revenue. $ per monthwhat makes a product premium???? 1. What makes Mutti premium? 2. Present the business environment and the competition 3. Advantages and disadvantages of each course of actionent-4.docx cetumentGrp Assignment 4. Saved to this Pd v Layout References Mailings A A™ | Aa- | Ap -I A. DA = = = |- |- B demand. daho Review if necessary. Paragraph View ENT Help For a particular video game, the company sells 160 (thousand) copies of the game when the (thousand) copies of the game. price of the game is $55. However, when they change the price to $45, the company sells 240 1 AaBhCcDdi AaBbCcDdi AalbC Đới 1 List Para... Normal 1 No Spac.... Styles a. As part of the process of finding the price elasticity of demand, what is the percent change in quantity using the midpoint method? Round your answer to 4 decimal places ECON 150: Microeconomics b. As part of the process of finding the price elasticity of demand, what is the percent change in price using the midpoint method? Round your answer to 4 decimal places if necessary. C. Using parts a and b, calculate the price elasticity of demand. Round your answer to 2 decimal places if necessary. Four