If everyone buys the same goods every year and the price of housing rises by 38 percent, it is

Answers

Answer 1
Final answer:

Housing prices can rise sharply due to expectations of future price increases, leading to a self-fulfilling prophecy and creating a housing bubble. This bubble can burst if the prices become unsustainable, leading to a rapid market correction.

Explanation:

When discussing the phenomena where housing prices rise due to the collective expectation that they will continue to increase, we're referring to what can often be described as a housing bubble. This kind of scenario is characterized by a self-fulfilling prophecy where the demand for housing drives up the current prices because of the anticipation of future price increments. This is an important economic concept as it touches upon both consumer behavior and market psychology.

Historical data can be misleading when predicting future trends because they cannot account for sudden market shifts. For instance, based on historical averages, one might expect housing prices to rise modestly each year. However, if individuals uniformly expect housing prices to rise significantly, they might rush to buy homes as investments, which then drives prices up at a higher rate than historical averages would suggest. This can ultimately lead to a market correction or even a bubble bursting, where prices rapidly decline after reaching unsustainable levels, as was observed during the housing crisis in the mid-2000s.


Related Questions

When a healthcare organization allows an unsafe condition to exist on its property and does nothing to address it and a visitor gets injured, the organization will be held liable because?

Answers

When a healthcare organization allows an unsafe condition to exist on its property and does nothing to address it and a visitor gets injured, the organization will be held liable because the injury was foreseeable and the organization had a duty to care. The organization has to take reasonable steps to ensure the health, safety and welfare of their employees and visitors. 

What are the pros and cons of being a single decision-maker?

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The pros are that you don't have to argue with the decision. The con is that sometimes it's hard and you need some help You're welcome

The pros and cons of being a single decision maker are as follows:

Pros:

Prompt and quick decisionsRational decision makingEase of changes

Cons:

No discussionsNo assistanceOne sided opinion

What is meant by decision making?

Decision making is the technique where an individual or a group of people takes a decision on a matter or in particular situation. it can be good or bad depending on the perspective of a person.

The pros and cons of decision making are explained as follows:

Pros :

If an individual takes a decision, then it has the sole authority to decide what is right or what is wrong which leads to quick decisions.The decision taken by a person is generally to be logical and not biased.He/she can made changes to the decision at anytime without asking  opinion from anyone.

Cons:

Being a single decision maker, he/she doesn't have anybody with whom he/she can discuss especially when they are stuck in some conflicting situation.There is no other individuals from whom they can take help over the situation which also make them feel lonely at times.In single decision making, the decisions are always been thinking from one self thoughts and no advices or viewpoints of other persons which created conflicts.

Therefore, the pros and cons are being explained as above in respect of single decision maker.

Learn more about the decision making in the related link:

https://brainly.com/question/13244895

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In 2017, a marketing manager for new balance's minimus golf shoe needs to forecast sales through 2019. she begins with the known totals for 2016 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like the stagnant economy and predicted moves by the competition. this type of forecast is referred to as

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This type of marketing forecast is known in the industry as "Lost horse forecasting", and is used to evaluate what the predicted revenues will be, and whether or not act on this

Marketing costs are high in the introductory stage of the product life cycle because:
a. product design changes become stylistic rather than functional.
b. high dealer margins are often needed to obtain adequate distribution.
c. manufacturers scramble to sign up dealers and distributors.
d. emphasis is given to communication of the differences between brands in the market.

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Marketing costs are high in the introductory stage of the product life cycle because
(b) HIGH DEALER MARGINS ARE OFTEN NEEDED TO MAINTAIN ADEQUATE DISTRIBUTION.

Product life cycle consists of 4 stages:
1. Introductory stage
2. Growth stage
3. Maturity stage
4. Decline stage

Introductory stage is a stage when the product is actually introduced in the market. It is a costlier stage than other stages. and the additional costs such as branding, promotional costs are included in this stage. 

Most of the current and future world population growth is occurring in which part of the world?

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Population is a rising problem in the world today. It is continuously increasing in the developing countries. In future also the population is supposed to rise. Most of the current and future world population growth is occurring in DEVELOPING COUNTRIES ASIA, AFRICA AND SOUTH AMERICA. Control measures have been adopted by government of various countries to control this problem.


The number of accidents that occur annually on a busy stretch of highway is an example of:

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I believe the answer to this question is "A discrete random variable".

HURRY,HURRY,HURRY!! please help will make brainiest answer
Which sections are part of a career plan? Select all that apply.

.career definition
.career requirements
.current status
.short-term goals
.intermediate goals
.economic obstacles

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career definition
career requirements
economic obstacles

During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income elasticity of demand of

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Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.

If i don't talk for awhile can i learn how to talk in a girl voice

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what kind of absurd logic is that? 

oh, let me not talk for a few days maybe I might end up sounding like a girl. yeah, good luck with that mate.

Answer: bro- pretty sure it would take practice not just not taking-

Explanation: also why do you want to sound like a girl if you don’t mind me asking? -v-

A _____ is the smallest possible group. select one:
a. triad
b. group of five
c. single person
d. dyad

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The answer that will fit in the question above is letter d, dyad. Dyad is the smallest possible group out of all the given choices such as the triad, group of five and a single person because it is composed of only two members. 

The person responsible for having the shipping papers on a ship carrying hazardous cargo is the

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This would be the captain. If you need any further explaining, defining, or methods of answering, let me know and I'll do my best to help further. :)

All of the following might be determined by the Franchiser in franchise agreement except.
the prices for products
the names on the employees name tags
the layout of the restaurant
the suppliers for the restaurant.

Why is a firing a family member who is an employee different from firing an unrelated employee?
It can cause tension in or harm family relationships.
Families are more likely to work out problems together.
It is not possible to fire an employee in a family business.
Family owned businesses have different regulations than other businesses.

Buying insurance helps business in which of the following ways?
It lowers the cost of running a business.
An attorney should be consulted when purchasing it.
It can cover many of the costs if a disaster occurs.
All of the above

Expansions will always come with with additional expenses
True
False

It is often easier for a brand-new business to get a loan than an existing business.
True
False.

An example of a uncontrollable risk is?
A change in government regulations.
Choosing the location for the business.
Raising prices in the business.
Entering into a franchise agreement.

Which of the following is a challenge that could come with buying an existing business.
The customers may resist change.
The business may have a bad reputation.
Experienced staff might leave.
all of the above

How involved the corporation is in running a franchise is determined by.
The franchise agreement.
The franchise owner.
the Customers.
Other franchises.

Which of the following is a potential consequence if a business has more clients than it can handle?
It may be purchased by another business.
It may lose clients.
It may be forced to lose.
It may get many customer referrals.

All of the following are uninsurable risks except.
lack of customers.
a flood
poor management
unproductive employees

Once a business owner proves that a franchise is successful, his or her franchise will be automatically be renewed.
True
False

Answers

1. The prices for product

The price of products in a franchise would always be determined by the owner of the franchisee.

In the end Franchise is a method for the franchisee to earn more profit with less management. The franchisee need to determine the price of the products to maintain the profit level.

on top of that, the franchise could have a bad reputation among customers if the price levels are different from one store to another.

2. It can cause tension in or harm family relationships.

Firing would most likely be taken personally by the employees. If that employees is someone form our family, the tension could be extended to our personal life since we are most likely to see that family member again on several different occasions.

3. It can cover many of the costs if a disaster occurs.

The cost from disaster could be extremely huge because it could potentially destroy large number of our assets on a single occasion.

Buying insurance for such disaster could be economically beneficial because the insurance expense only a small compared to the financial loss that might occurs because of the disasters.

4. True

When a company want to expand, this mean that the company would have to handle more consumers. When this happen, the company  needs additional expense to hire more workers to handle increasing consumers.

On top of that , the company would also need more equipment and space to be able to increase the amount of goods it can produce.

5. False

Brand-new business often seen as very risky by loan providers since they do not have enough data to assess the owner's ability and how the market would respond.

An existing business on the other hand, tend to have several tracks records that can be used to analyze the risk. Because of this, existing business tend to be seen as more favorable for credit providers,

6. A change in government regulations

Uncontrollable risks refers to the type of risk that cannot be predicted and influenced by the decisions of the company. A change in government regulations is a result of Congress that elected by the majority of the people. The only thing that the company could do is adapt to the changes.

7. All of the above

When we buy an existing businesses, many of the customers would fear that the quality of the product/services would change in our management. This might cause them to move to the competitors. On top of that, experienced staff might have some sort of emotional connection with the previous owners. So , there is a chance that they might leave us to join other projects started by the previous owners.

8. The franchise agreement.

The franchise agreement would clearly specify the things that the corporation can and cannot do during the franchise relation. Some corporation might require the franchiser to follow all the orders made by the franchisee while other corporations might give total freedom for the franchiser to manage their stores.

9. It may lose clients.

When business have more clients than they can handle, a lot of those clients would be neglected since the businesses do not have enough resources to serve those customers.

This would make those clients felt dissatisfied or offended and choose to give their money to the competitors.

10. a flood

In business, a risk would be considered as 'uninsurable' if the insurance provider has a high chance of losing their money

Damage from natural disaster is very unlikely to occur to their clients, which is why many insurance companies would still provide coverage for flooding.

11. False

Even if the franchise is successful there might be other factors that can make the franchisee unable to continue the contract.

For example, the country of the franchiser could change its tax law into something that is seen as unfavorable by the franchisee and force them to move out from the country.

Last year, wesson company sold 10,000 units of its only product. if sales increase by 12% in the current year, how will unit variable cost and unit fixed cost be affected? unit variable cost unit fixed cost
a.remains constant remains constant
b.increases decreases
c.decreases remains constant
d.remains constant decreases
e.remains constant increases

Answers

Variable cost increases with increasing number of units, and also decreases with decreasing number of units. Therefore the unit variable cost is constant.

 

Meanwhile, fixed  cost is not affected with the number of units produced. So the unit fixed cost is high when number of units is low, and low when number of units is high.

 

Answer:

d.remains constant decreases

Mark and Sam are both in fourth grade. Mark's parents earn a high income and Sam's parents earn a low income. In which domain do Mark and Sam likely have similar test scores?

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Mark and Sam both have been born into families with adverse condition. Where the higher income family of mark may provide better school.As to Sam his school may lack essentials such as qualified teachers or space with overcrowded classrooms. But at home both kids have the potential of having engage parents whom can help with studies and in term Sam could be doing just as well although his school maybe under founded.
This is with the assumption that Mark and Sam are both classmates in the same grade. Although they come from two sides of the coin, they both have parents that can afford to put them in school, with the same education, with the same materials. With the assumption that they are classmates, they are likely to have similar test scores in their academic subjects because income is not a big factor of academic ability. 

Hom corporation acquired a computer on january 1, 2011, for $10,000,000. the computer had an estimated useful life of six years and $1,000,000 estimated salvage value. the firm uses the straight-line depreciation method. on january 1, 2013, thom corporation discovers that new technologies make it likely that the computer will last only four years in total and that the estimated salvage value will be only $600,000.what is the amount of depreciation expense for 2013 for this change in depreciable life and salvage value assuming that the change does not represent an impairment loss

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Alot of profit will be gonna to a empty place

Around 1300 bce, what actions did the shang take to prevent their rivals from challenging their legitimacy

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Around 1300 BCE, King Pan Geng of the Shang Dynasty moved the capitol to Yin, which is modern day Anyang. This was in an attempt to assist his people to avoid his many enemies.

_____ is a new nontariff barrier that was designed to prevent foreign producers from using predatory pricing.

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Anti-dumping law is a new nontariff barrier that was designed to prevent foreign producers from using predatory pricing.  

The abc company wishes to retire a $7,000,000 bond 10 years from now. what single deposit should they make in the bank today in order to retire the bond if they can earn 8% annually on its investment?

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The future amount of a current investment which has compounding interest can be calculated through the equation,
 
                F = P x (1 + i)^n

where F is the future amount,  P is the present worth, i is the interest rate, and n is the number of years. Substituting the known values,

              $7,000,000 = P x (1 + 0.08)^10

The value of P from the equation is $3,242,354.42

ANSWER: $3,242,354.42. 

What often caused enslaved africans to work slowly or peform their jobs incorrectly?

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The basic cause for the enslaved Africans to work slowly or perform their jobs incorrectly was that they were actually protesting against their slavery and this was the way to demonstrate their attitude towards enslavement.  

Which is determined by the census that is taken every 10 years?

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How many people are in the country, living here illegally, how many have a job.

Emily/red sued document security company, alleging he had suffered injuries to his hands as a result of attempting to fix a jam in one of document security's paper shredders. fred alleged the shredder was defective because it failed to contain warnings regarding the dangers to fingers and hands while attempting to fix jams. in order to succeed, fred will have to show that:c while driving a car manufactured by toyosan, suffered a side impact collision from another driver. despite the fact that toyosan's air bag deployed, emily hit her head against the steering wheel, causing damage to her face and teeth. if emily sued toyosan for strict product liability, the court would likely conclude that:

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Emily has no case as Toyosan's safety equipment (the airbag) deployed correctly. The safety equipment is there to save lives and reduce serious injury, not eliminate damage completely. Emily would need to sue the driver that caused the accident.

Angie asks her grandmother over the phone, "do you like the color of my new shirt that i'm wearing now?" this is an example of

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This is an example of egocentrism. Angie does not understand or care about her grandmother's perspective- that of course, her grandmother has no way of knowing what the color of her new shirt is. To Angie, the only perspective that matters is her own. She is the center of her world.

How does walter change after mama gives him control over the rest of the insurance money?

Answers

Final answer:

After gaining control of the insurance money, Walter undergoes a significant transformation in A Raisin in the Sun, shifting from a selfish mindset to a more selfless and family-oriented perspective.

Explanation:

After Walter is given control over the rest of the insurance money in the play A Raisin in the Sun, he undergoes a significant transformation. Initially, Walter is consumed with the idea of using the money to invest in a liquor store, which he believes will bring him financial success and secure a better future for his family. However, when Mama entrusts him with the money, he faces a challenging decision that tests his character and priorities.

Walter's change can be seen in his shift from a selfish and materialistic mindset to a more selfless and family-oriented perspective. He begins to realize that money isn't the only path to happiness and that his actions have consequences for those around him. The responsibility of managing the money forces Walter to confront his personal flaws and make difficult choices, ultimately leading to personal growth and maturity.

If people spend 2/3 of any extra income they receive, new autonomous spending of $10 causes equilibrium to increase by

Answers

answer=$30.00 Increase in total spending = $10 + (.75)($10) + (.75)(.75)($10) + (.75)(.75)($10) + ... = $10 * (1 + .75 + .752 + .753 + ...) ---------------------------- | (GEOMETRIC SERIES-- converges to a finite number, according to a simple formula) = $10 * [1/(1-.75)] ----------- | 4 = $30

Soybeans are an important ingredient for what kind of school supply?

Answers

the answer is: Crayons

Almost all of the crayons are made out by a petroleum by-product, which is paraffin wax. These type of crayons take many years to degrade and are bad for the environment.
But there is a better and affordable option: Prang crayon.Made from soybeans, these crayon are more vivid and smoother than regular crayons and are biodegradable.


Soy is used in many inks that would go into pens. Though some still use petroleum-based products, many companies are using soy based inks because they are non-toxic and more environmentally friendly. Crayons are also moving from using a paraffin wax (a petroleum product) to soy-based wax as well.

You will do best if your keep your sales call under

Answers

You will do best if you keep your sales call under 10 minutes.

Prospects are often busy, and a short, focused call shows respect for their time, making them more receptive to your message. A concise call forces you to focus on the most important points and deliver them clearly. This helps avoid overwhelming the prospect with too much information.

This allows you to effectively communicate your key points and value proposition while respecting the prospect's time. Keeping the call concise helps maintain the prospect's interest and increases the likelihood of securing a follow-up meeting or action.

The management is thinking of joining hands with its one time rival, cg-vak software, in order to gain access to new markets and technologies. by doing this, the organization is nurturing a ________.

Answers

...by doing this, the organization is nurturing a merger. A merger is, in simple terms, the process of two companies(or other business entities)being unified, generally with the purpose of mutual growth and prosperity for those involved.

The sierra club, which has more than 2 million members who each pay annual dues of about $30, is an example of

Answers

The Sierra Club is a nationwide environmental organization with over 3 million people that belong to it currently. It is highly influential for environmental policies. The purposes of the Sierra Club are to explore, enjoy, and protect the wild places of the earth; to practice and promote the responsible use of the earth's ecosystems and resources. To help educate and enlist humanity to protect and restore the quality of the natural and human environment; and to use all lawful means to protect the environment is basically the purpose of this organization.

Jessica verbally agrees to sell her house to kandis, and kandis makes a $10,000 down payment, moves in, and begins the installation of a pool in the backyard. if jessica changes her mind seven months later and wants her house back, a court would likely find that:

Answers

That there was no contractual obligation binding on Kandis to keep house and that it was just a 'gentlemen' agreement between the two. The court will observe that in the absence of a written agreement Kandis still has ownership rights. The situation is exasperated if there were no witnesses to the payment of the down payment.

In the case of job _____, the bosses in many companies tend to groom workers who have winning characteristics similar to their own.

Answers

In the case of job growth and security, the bosses in many companies tend to grrom workers who have winning characteristics similar to their own. This is a prime example where attitude reflection can lead to success in the workplace.
In the case of job enrichment, the bosses in many companies tend to groom workers who have winning characteristics similar to their own because this would benefit to the growth of the company. Employees who are efficient and productive are being motivated by their bosses so they would always keep up their good work and also maintain proper work ethics.

 

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