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Orangemen Lofts plans to add 300 luxury apartments to its complex in Cohoes. The cost of the land now is $16 million including taxes and fees. The construction cost is expected to be $64 million including the cost of the central amenities. The annual maintenance and operating cost is expected to be $450,000. The company also estimates the market value of the property to be 72% of the construction price after 11 years. The average occupancy rate of 88% is expected each year. What is a minimum monthly rent required to make this investment economically acceptable if the company's minimum attractive rate of return is 6% per year, compounded monthly?
Explain how will this affect wages and number of workers in home construction. How will this affect the cost of building a home.
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
Describe why this does not represent a violation of the law of demand. Which of the subsequent best explains illustrate what a forward contract.
What is the impact on the long run adjustment due to this condition. First, look at the impact of the market and then the single firm. What does it do to economic profits or losses, then what happens in the market.
What is the highest cost of migration that a worker is willing to incur and still make the move
Compute the aggregate demand curve and aggregate supply curve that would maintain the state of economy in less than full-employment level of real GDP.
Describe how much the consumer plans to spend in each year and how much she borrows or lends in the first year.
As demand goes up, so does price. The decrease in production of other items decreases supply, and raises their price.
If a company, new to international arena, is negotiating an agreement with a potential partner in an overseas country, what basic steps should it be prepared to implement.
Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one very large firm Tile King.
Profits for Firm 1 have risen from $256 to $288, while profits of Firm 2 have declined sharply from $256 to $144. B. How much will each firm produce and what will its profit be.
Illustrate output quota q1 would the typical firm have to be limited. Explain how much would it like to produce.
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