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Author Question: A key factor that determines the geographic extent of a housing market is the distance that ... (Read 68 times)

lunatika

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on: Jul 1, 2018
A key factor that determines the geographic extent of a housing market is the distance that commuters are willing to travel from home to work.
 
  Which of the following events would NOT help to expand the geographic extent of the housing market in a metropolitan area? A) Price of gasoline declines
  B) State gasoline tax increases
  C) Public transit fares decrease
  D) none of the above

Question 2

Upon graduation, you are offered three jobs.
 
  Company Salary Bonus Probability of Receiving Bonus
  Samsa Exterminators 100,000 20,000 .90
  Gradgrind Tech 100,000 30,000 .70
  Goblin Fruits 115,000 -------- -------
 
  Rank the three job offers in terms of expected income, from the highest to the lowest.
  A) Samsa Exterminators, Gradgrind Tech, Goblin Fruits
  B) Samsa Exterminators, Goblin Fruits, Gradgrind Tech
  C) Gradgrind Tech, Samsa Exterminators, Goblin Fruits
  D) Gradgrind Tech, Goblin Fruits, Samsa Exterminators
  E) Goblin Fruits, Samsa Exterminators, Gradgrind Tech


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chreslie

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


lunatika

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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