Business, 01.10.2019 00:10 V3ga661

Like many other cities, denver experienced a sharp decline in construction of new houses in the years following 2006. many carpenters, roofers, and other skilled workers left the area or found jobs in other industries. in addition, builders stopped buying and preparing home lots for construction. according to an article in the wall street journal, by 2014, as consumers increased their demand for new homes in denver, "new-home prices have surged over the past two years amid a shortage of home lots and skilled construction workers." source: kris hudson, "labor shortage besets home builders," wall street journal, may 1, 2014. in the future, the price increases of new houses in denver can be expected to be
a. smaller because supply is less elastic over time.
b. larger because supply is more elastic over time.
c. smaller because supply is more elastic over time.
d. larger because supply is less elastic over time.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:20

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Answers: 1

Answer

Business, 22.06.2019 19:40

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?

Answers: 3

Answer

Business, 22.06.2019 22:00

What resourse is both renewable and inexpensive? gold coal lumber mineral

Answers: 1

Answer

Business, 22.06.2019 22:30

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.

Answers: 1

Answer

You know the right answer?

Like many other cities, denver experienced a sharp decline in construction of new houses in the year...

Questions