
You survey 1000 new home buyers and find that the mean price was $185,000 and the standard deviation was $20,000. How many paid more than $210,000?

The price of a home is $185,000. A down payment of 10% is required with 2 points at the time of closing. The home is financed over a 25 year period with a fixed rate of 4.5%. Find the monthly payment and total interest paid?

In 2015, the average price of new homes in a certain suburb was $145,000. Assume that this mean is based on a random sample of 1000 new home sales and that the sample standard deviation is $24,000. Construct a 99% confidence interval for the 2002 mean

The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price $50,000 Buyer B Maximum price $40,000 Buyer C Maximum price $30,000 Buyer D Maximum price $20,000 Buyer E Maximum price $10,000 The

The following table indicates the prices various buyers are willing to pay for a Miata sports car: Buyer A Maximum price $50,000 Buyer B Maximum price $40,000 Buyer C Maximum price $30,000 Buyer D Maximum price $20,000 Buyer E Maximum price $10,000 The


Indicate how you think each of the following would shift demand in the indicated market: a.Incomes of buyers in the market for Adirondack vacations increase. b.Buyers in the market for pizza read a study linking hamburgers consumptions to heart disease.

In 2002, the average price of new homes in a certain suburb was $145,000. Assume that this mean is based on a random sample of 1000 new home sales and that the sample standard deviation is $24,000. Construct a 95% confidence interval for the 2002 mean

A real estate company is selling 32 houses. One of the houses costs $834,000, but in order to attract more buyers, the price is dropped to $819,000. By how much does this change the average price of the 32 houses?

A real estate company is selling 32 houses. One of the houses costs $834,000, but in order to attract more buyers, the price is dropped to $819,000. By how much does this change the average price of the 32 houses?

2. The results of a recent survey indicate that the average new car costs $23,000, with a standard deviation of $3,500. The price of cars is normally distributed. a. What is a Z score for a car with a price of $ 33,000? 9.415000 b. What is a Z score for a

2. The results of a recent survey indicate that the average new car costs $23,000, with a standard deviation of $3,500. The price of cars is normally distributed. a. What is a Z score for a car with a price of $ 33,000? b. What is a Z score for a car with

A bank is willing to give you a Rs1,000,000 home mortgage at 12% interest, compounded semiannually. The loan will be amortised over 25 years, but the interest rate is fixed for only the first 5 years. What is the monthly mortgage payment for the first five

In 1980 the average price of a home in Brainerd County was $97,000. By 1986 the average price of a home was $109,000 Write a linear model for the price of a home, P, in Brainerd County as a function of the year, t. Let t=0 correspond to 1980

A survey of 1000 registered voters revealed that 450 people would vote for candidate A in an upcoming election. If 220,000 people vote in the election, how many votes would the survey takers predict candidate A should receive? A. 44,500 B. 48,900 C. 95,000

demand = (p+1)sqroot(q+1)=1000. Find elasticity of demand at a price of $39 per unit. I am really struggling with this problem is there anyone that can help me? i am not familiar with the terminology, but if you are trying to solve for p, it is not that


2. The results of a recent survey indicate that the average new car costs $23,000, with a standard deviation of $3,500. The price of cars is normally distributed. a. What is a Z score for a car with a price of $ 33,000?

Write 2 paragraphs about how interest rates affect our purchasing descisions. Identify the topic sentence by underlining it. Interest rates is the price that the lender sets for the borrower to pay as a fee to borrow money. Depending on whether or not

A shopping mall has one kiosk that sells baseball caps. The kiosk charges $14.99 for a cap. Then an identical new kiosk opens nearby that also sells baseball caps. This kiosk charges $9.99 for a baseball cap. On what basis are the two kiosks mostly

Calculate the Pearson’s correlation coefficient Assessed value (R’000) Selling price (R’000) 116 185 160 246 144 236 103 162 205 300

2) A car dealership advertises a 15% discount on all its new cars. In addition, the manufacturer offers a $1000 rebate on the purchase of a new car. Let x represent the sticker price of the car. a. Suppose only the 15% discount applies. Find a function f

) A car dealership advertises a 15% discount on all its new cars. In addition, the manufacturer offers a $1000 rebate on the purchase of a new car. Let x represent the sticker price of the car. a. Suppose only the 15% discount applies. Find a function f

Can someone please check my answers. 1. Solve. –7x + 1 + 8x = x + 1 A) Identity B) No solution C) 1 D) 0 My answer: A) Identity 2.The length of one of the equal legs of an isosceles triangle is 8 cm less than 4 times the length of the base. If the

A contractor must pay a $40,000 penalty if construction of an expense home requires more than 16 weeks. He will receive a bonus of $10,000 if the home is completed within 8 weeks. Based on experience with this type of project, the contractor feels there is

A survey was conducted to measure the number of hours per week adults spend on home computers. In the survey, the number of hours was normally distributed, with a mean of 8 hours and a standard deviation of 1 hour. A survey participant is randomly

The price of a home is $215,000. The Bank requires 20% down payment and three points at the time of closing. The cost of the home is financed with a 30year fixedrate mortgage at 7%. Find down paymen


hey...i had a similar econ question..check out schoolpiggyback (search it on google)...it'll help ya out...its other students that answer your question (maybe someone from your class...lol)...goodluck : ) 3. A large share of the world supply of diamonds

a computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every 1$ decrease in the price. The company has fixed cost of $100,000, and each computer costs $300 to produce. Find the price that will

3. A large share of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost of mining diamonds is constant at $1,000 per diamond, and the demand for diamond is described by the following schedule. Price/Quantity:

A startup company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs 4300 To produce. find the price that will

You are a real estate agent and you are trying to predict home prices for your clients that want to list their house for sale. You have a very small city without much data. You will need to use the data that you have available for the past year on homes

A start up computer company can sell 1000 computers if they price them at $500. The number sold will increase by 10 for every $1 decrease in the price. The company has fixed costs of $100,000, and each computer costs $300 to produce. Find the price that

The price of a home is $102,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30year fixedrate mortgage at 9.5% Find the required down payment.

The price of a home is $120,000. The bank requires a 10% down payment and two points of closing. The cost of the home is financed with 30year fixedrate mortgage at 8.5%. Find the total cost of interest over 30 years.

The demand function for a product is modeled by : p=10,000(1(3/3+e^0.001x) Find the price of the product if the quantity demanded is (a) x=1000 units and (b) x=1500 units. What is the limit of the price as x increases without bound?

Rebecca and Tom Payton have decided to buy a home that costs $200,000. The Paytons can put down 20% of the home's price. They have applied for a 15year, 9% FRM to finance the balance. They Paytons have a combined gross annual income of $70,000. A.)$


You are a real estate agent and you are trying to predict home prices for your clients that want to list their house for sale. You have a very small city without much data. You will need to use the data that you have available for the past year on homes

Recently one of the nation’s largest consumer electronics retailers began a nationwide television advertising campaign kicking off its “Take It Home Today” program, which is designed to encourage electronics consumers to buy today rather than

Recently one of the nation’s largest consumer electronics retailers began a nationwide television advertising campaign kicking off its “Take It Home Today” program, which is designed to encourage electronics consumers to buy today rather than

The table shows the median home prices in Florida. What is the equation of a trend line that models a relationship between time and home prices? Use the equation to predict the median home price in 2020. Year 1940 1950 1960 1970 1980 1990 2000 Median

Given the demand & supply Function for product 'x' at california university have been estimated as: Qd= 5000 4 (price)+ 0.2 (pop) Qs=300 +5 (price)+ 0.5 (wage rate) i) determine the equilibrium price & quantity of product X. ii) Derive the demande &

Am I calculating the Marginal Revenue when you get the quantity for the price of $6,000.00? I get zero? Is this right? Quantity=Q Price=P Total RevenueTR Fixed Cost=FC Margin CostMC Marginal Renenue=MR ___P_____Q______TR________MC____MR

The price of a home is $320,000. The bank requires an 8% down payment and three points at the time of closing. The cost of the home is financed with a 30year fixed rate at 6%. Find the amount that must be paid for the three points at closing & Find the

I posted this yesterday but no one told me if my answers were correct. Can someone please check my answers. 1. Solve. –7x + 1 + 8x = x + 1 A) Identity B) No solution C) 1 D) 0 My answer: A) Identity 2.The length of one of the equal legs of an isosceles

For the pair of supplyanddemand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. 2x + 9p  93 = 0 and 3x  14p + 108 = 0 a. equilibrium

How is elasticity of supply related to elasticity of demand? Is this correct? I know that the terms supply and demand refer to the behavior of people as they interact with one another in markets. Buyers determine demand and sellers determine supply. Just


Please forgive me, but I am appealing to you to please solve these 6 problems for me in the most simpler of steps that I can use to practice. Thanks so much. Garnett 1. Purchaser applies for an FHA loan to buy home for $102,000. FHA guarantees 97% of first

For the pair of supplyanddemand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. 2x + 9p  93 = 0 and 3x  14p + 108 = 0 a. equilibrium

have buyers become more priceconscious now that websites give competitive information about price and coupon for product availiable

How do nearby businesses with similar products usually compete? a. offering deals and low prices** b. changing to different product types c. lowering the level of service to save costs d. establishing a minimum price for everyone to use Whar is a positive

How do nearby businesses with similar products usually compete? a. offering deals and low prices** b. changing to different product types c. lowering the level of service to save costs d. establishing a minimum price for everyone to use Whar is a positive

How do nearby businesses with similar products usually compete? a. offering deals and low prices** b. changing to different product types c. lowering the level of service to save costs d. establishing a minimum price for everyone to use Whar is a positive

For the pair of supplyanddemand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. p =  2x + 15 and p = 5x + 1 a. equilibrium quantity 4,000

in a property transaction the homeowner increasingly has a legal responsibility to? A.pay all the inspection fees B.disclose all information on the home's condition to interested buyers C.repair any and all problems found during the home inspection

This is a 5 part question; (ae)The question reads: Suppose that a market is described by the following supply & demand equations: Qs=2P & Qd=300P a) Solve for the equalibrium price & quantity. (I think I understand this process.) b)Suppose that a tax of

illustrate each policy in a supply and demand digram of the gun market. a. a tax on gun buyers, b. a tax on gun sellers, c. a price floor in guns , d. a tax on ammunition


Write a list of steps that are needed to find the measure of angle B. A measures 72 degrees and C measures 113. What does B measure? My Equation Answer: b=180(a+c) 72+113=185 180185= 5 My Word Answer: When you need to find the measure of B the answer is

Rebecca and Tom Payton have decided to buy a home that costs $200,000. The Paytons can put down 20% of the home's price. They have applied for a 15year, 9% FRM to finance the balance. They Paytons have a combined gross annual income of $70,000. How much

Write a list of steps that are needed to find the measure of angle B. A measures 72 degrees and C measures 113. What does B measure? My Equation Answer: b=180(a+c) 72+113=185 180185= 5 My Word Answer: When you need to find the measure of B the answer is

The following relations describe the supply and demand for posters. Qd = 65,000 – 10,000 P Qs = 35,000 + 15,000P Where Q is the quantity and P is the price of a poster, in dollars. a. Complete the following table. Price Qs Qd Surplus or Shortage $6.00

suppose that prices of a certain model of new homes are normally distributed with a mean of $150,000 use 689599.7 rule to find the percentage of buyers who paid: between $150,000 and $152,000 if the standard deviation is $1200

The diameter of a valve for the space shuttle must be within 0.001 mm of 5 mm. Write and solve an absolutevalue equation to find the boundary values for the acceptable diameters of the valve.  d  5.000 = 0.001 d  5 = 0.001 d * 1000  5 * 1000 = 0.001

The demand function for a product is given by p = 10,000 [1 − (5/5 + e^−0.001x)] where p is the price per unit (in dollars) and x is the number of units sold. Find the numbers of units sold for prices of p = $1000 and p = $1500. (Round your

Rebecca and Tom Payton have decided to buy a home that costs $200,000. The Paytons can put down 20% of the home's price. They have applied for a 15year, 9% FRM to finance the balance. They Paytons have a combined gross annual income of $70,000. Answer the

A survey of Internet users reported that 21% downloaded music onto their computers. The filing of lawsuits by the recording industry may be a reason why this percent has decreased from the estimate of 31% from a survey taken two years before. Suppose we

The demand function for a product is given by p = 10,000 [1 − (5/5 + e^−0.001x)] where p is the price per unit (in dollars) and x is the number of units sold. Find the numbers of units sold for prices of p = $1000 and p = $1500. (Round your


1. Set I contains six consecutive integers. Set J contains all integers that result from adding 3 to each of the integers in set I and also contains all integers that result from subtracting 3 from each of the integers in set I. How man more integers are

At the Acme Cement Company, employees contribute to a welfare fund at the rate of 4% of the first $1000 earned, 3% of the next $1000, 2% of the next $1000 and 1% of any additional income. What will Mr. Morris contribute in a year in which he earns $20,000?

I am having a hard time with economics  we just started in my social studies class. Can I have help with my homework, please? 1. What phrase best defines competition? (1 point) just one main buyer of a good or service just one main seller of a good or

The demand function for a product is given by p = 10,000 [1 − (5/5 + e^−0.001x)] where p is the price per unit (in dollars) and x is the number of units sold. Find the numbers of units sold for prices of p = $1000 and p = $1500. (Round your

An owner lists her home at a 7% commission rate and wants to net $45,000 after paying the mortgage balance of $68,000 and the broker's commission. To the nearest dollar, what should the selling price be to net her $45,000?

Mr. and Mrs. Ogrodnik want to list their house at a price that will net them a minimum of $320,000 after a real estate commission of 5.5% of the selling price. Rounded to the nearest $100, what is the lowest offer they could accept on their home?

The following relations describe the supply and demand for posters. Qd = 65,000 – 10,000 P Qs = 35,000 + 15,000P Where Q is the quantity and P is the price of a poster, in dollars. a. Complete the following table. Price Qs Qd Surplus or Shortage $6.00

The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is $1,000 per diamond and that the demand schedule for diamonds is as follows: price quantity 6,000 5,500 5,000 6,500 4,000 7,000

An owner lists his home and agrees to pay a 6% commission provided he nets $10,000 after paying the commission and the balance of his mortgage, which is $75,000. To the nearest dollar, what should the selling price be to net the owner his $10,000?

Write a short survey (8 to 10 questions) that is related to careers in general, careers in IT, or another occupational topic. Remember, this survey should somehow relate to your final project . Distribute this survey to at least four relatives and/or


is 10 000 more than 881 462 is 1000 000 less than 2 183 486 is 1 000 000 more than 746 000 is 1 000 000 less than 624 327 207

Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 90 percent as high if the price is raised 17 percent. Chip’s

A toothpaste company did a survey at the mall. They found that 42.5% of those surveyed brushed their teeth twice a day. Which random numbers would you generate on a computer spreadsheet to simulate the survey? a. random integers from 425 to 1000 b. random

writing an exponential equation The function gives the value of a home in dollars in the year 1980 + t. Write an equation that can be used to determine the year in which the value of the home reached $100,000? Use ^ to denote an exponent. Do not solve the

calculate the net operating income , evergreen corp has provided the following data: sales per period 1000 units ,selling price $ 40 per unit , variable manufacturing cost 12 per unit, selling expenses $5,100 pls 5% of selling price , administrative

At the present price of $20 per unit, the firm is selling 2000 units of a good. It believes that the price elasticity of demand for the good is  1.0. If the price is lowered to $18, then the buyers would be expected to buy a) 1800 units b) 2000units c)

A dealership sold 15 cars last month. The purchase price of the cars, rounded to the nearest thousand, is represented in the table Purchase Price/# of cars sold $15,000 3 $20,000 4 $23,000 5 $25,000 2 $45,000 1 A.Find the mean and median B. Which measures

Given the following information calculate the Marginal Revenues. I am getting lost on the order because I know the formula is change in TR/change in Q. Q Price TR 60 26,000 (60x26K) = 1,560,000 70 22,000 (1,540,000) 80 18,000 (1,440,000) 90 14,000

A market research company conducted a survey to find the level of affluence in a city. They defined the category "affluence" for males earning $100,000 or more annually and for females earning $80,000 or more annually. Out of 267 persons who replied to

Country CO2 Emissions (tons of carbon dioxide) 2012 population ￼ Emissions per Capita ￼ China 8,782,000,000 1,359,750,000 ￼ ￼ ￼ United States 5,144,000,000 316,597,000 ￼ ￼ India 2,185,000,000 1,233,460,000


Burr Corporation began operations on January 1, 2007, and at December 31, 2007, Burr had the following investment portfolio of marketable equity securities: In current assets In noncurrent assets Aggregate cost $185,000 $275,000 Aggregate market value

Okay, so I am stuck on solving this using the substitution method. The mortgage department of the company is selling two model homes that are located on the same block. The square footage, as well as the type of model, determines the cost of these homes.

Miya, a single investor owns 1000 shares of Advance CSynergy (ACS), common stock. She originally bought the stock two years ago at initial public offering (IPO) price at RM5 per share. The stock of this fast growing technology company is currently trading

An owner lists her home at a 7% commission rate and wants to net $45,000 after paying the mortgage balnce of $68,000 and the broker's commission. To the nearest dollar, what should the selling price be to net her $45,000?

Find the % of Discount Regular Price $25,000 Sale Price $22,000

Find the % of Discount Regular Price $25,000 Sale Price $22,000

I am trying to understand the math part of supply and demand . I am not getting it,I really need help! The question is: The demand and supply functions for sweatshirts are as follows: DEMAND Supply Quanity Quanity demanded(per period) supplied(/peri

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software. Software Version Home Users Commercial Users Full featured version $175 $225 Disable version $150

The table below shows the probability distribution of the types of food purchased by students from the school cafeteria. What is the probability a student has purchased Caesar salad? (2 points) 0.17 Suppose houses are available for purchase during

7. The table below shows the probability distribution of the types of food purchased by students from the school cafeteria. What is the probability a student has purchased Caesar salad? (2 points) 0.17 Suppose houses are available for purchase during


market competition pushed a price down toward its marketclearing level. Which of the following BEST describes they type of competition that would cause lower prices 1) Competition between buyers and sellers 2) Competition among sellers 3) Competition

what it meant by equilibrium in economics?how equilibirum attained? The following site has an ok defintion. (I cannot post the site: instead google economics, equilibrium, definition) Market equilibrium occurs when buyers and sellers, each acting in their

The price of a home is 177,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30year fixedrate mortgage at 10%.

Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 91 percent as high if the price is raised 11 percent. Chip’s

Chip’s Home Brew Whiskey management forecasts that if the firm sells each bottle of SnakeBite for $20, then the demand for the product will be 15,000 bottles per year, whereas sales will be 91 percent as high if the price is raised 11 percent. Chip’s