Which of the following best explains why the demand for housing is more flexible than the supply? A. New housing developments are being constructed all the time. B. Low interest rates for mortgages make buying a home very affordable. C. The increasing population always drives demand upwards. D. People can move more easily than producers can build new homes.

Answers

Answer 1

Answer:

People can move more easily than producers can build new homes. - D.

Answer 2

Answer:

Option D is the right answer.

Explanation:

The consumer is more able to move, manufacturers are not that much able to build new homes.Housing prices are the primary component possess demand.According to the law of demand, the quantity of home demanded rises as the price reduces.Housing demand often focuses on the residences ' equity, their existing income, and interest rates.

That's why demand for houses are more flexible.


Related Questions

Which of the following best explains the purpose of a strike? A. To pressure employers to increase the minimum wage. B. To make sure that producers don't make any profit. C. To get employers to submit to collective bargaining. D. To prevent employers from taking industrial action.

Answers

The best explanation for the purpose of strike is to get employers to submit to collective bargaining which is option C.

Which of the following best explains the purpose of a strike?

C. To get employers to submit to collective bargaining.

The primary purpose of a strike is to exert pressure on employers to come to the negotiating table and engage in collective bargaining with the workers or their representatives. By withholding their labor, workers aim to demonstrate their collective strength and demand better wages, working conditions, benefits, or other improvements in their employment terms. Strikes are a fundamental tool used by workers to assert their rights and have their voices heard in the workplace. Options A, B, and D do not accurately reflect the main objective of a strike.

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What creates the externality of sweatshops?

Answers

Western demand for low prices and high wages. ... In their essay "Sweatshops and Respect for Persons,"Denis Arnold and Norman Bowie argue that respecting workers in global factories means that MNE managers must adhere to local labor and environmental laws.

Which of the following are useful for conducting market research? A. Focus groups B. Cost-benefit analysis C. Budget spreadsheets D. Reference books

Answers

A- Focus Groups. You gotta know how the customers feel
Final answer:

Focus groups and reference books are useful tools for conducting market research. They can provide insights into customer behaviors and preferences as well as valuable market data. However, cost-benefit analysis and budget spreadsheets are not direct tools for market research.

Explanation:

Among the options provided, A. Focus groups and D. Reference books are useful for conducting market research. A focus group is a type of qualitative research where a group of people are asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, or idea. It can yield valuable insights into customer behaviors and preferences. Reference books, such as industry reports or market analyses, can provide valuable data about a market, including competitive analysis, market trends, and industry statistics.

Meanwhile, B. Cost-benefit analysis and C. Budget spreadsheets, although very important in business decision-making, are not direct tools for market research. They are often used to evaluate the financial feasibility of new projects or strategies once market research has provided a sense of the market conditions.

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Match the different financial task to their corresponding financial life cycle phases

Answers

Explanation:

There are three Financial life cycle phases which are Wealth Protection, Wealth Distribution and Wealth Accumulation. Now the given Financial tasks have to be adjusted in the above mentioned phases. These tasks are Risk and task management, Building Financial Security, Credit and Debt Management, Building Long Term Wealth, Drawing up a will and Cash Management. Now matching them in the order as follows:

Wealth Protection                 Wealth Distribution            Wealth Accumulation

Risk and Task Management  Drawing up a will   Building Long term Wealth

Building Financial Security                                          Cash Management

Credit and Debt Management

What is a notice of intent to dissolve?

Answers

Answer:

The notice of intent to dissolve is a document that is intended to the secretary of state, which informs them that a corporation is going to be dissolved.  

Explanation:

This document is mandatory if a corporation is planning its dissolution or termination. When a corporation dissolves, it will no longer engage in any business activities, commercial or otherwise. A corporation can be dissolved by the stakeholders and owners, or be dissolved by the state because it did not pay corporate taxes or other responsibilities to the state.  

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