Determine how supply and demand can affect

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Reference no: EM13151515

You are between jobs and have decided to relocate to a city east of the Mississippi River, but you are unsure of what size or type of city you and your family can afford to live in. Choose 4 cities east of the Mississippi River, each of a different size, and research the housing prices for a 3-bedroom, 2-bath condo for each city. Determine how supply and demand can affect the prices of these homes. In a PowerPoint presentation, submit data findings that include economic factors within that area that may influence your decision, or factors that have prohibited an area to be chosen.

Present the data in the following format:

• 1 slide of housing data findings. Provide the housing prices of each chosen city east of the Mississippi for a 3-bedroom, 2-bath condo or house.

• 2-3 slides of your preferred city to relocate with your reasoning for this choice

• 1-2 slides: Explain at least 2 reasons why housing prices vary from city to city

• 3-5 slides: Explain 3-4 ways in which supply and demand affect the prices of the homes

• 3-5 slides: Include any supply and demand figures or calculations to support your reasoning

• Cite sources using APA style. 3-4 paragraph for the following Proponents of free market systems argue that free enterprise leads to more efficient production and better response to changing consumer preferences. Others point to the fact that markets are not perfect. Consider both viewpoints and respond to both sides of the issue with your viewpoints.

Reference no: EM13151515

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