You were recently asked to appraise a local hotel. the bank asked you to value the property for lending purposes. the comparable sales you used in this analysis were all sales of the entire opera- tion. the income used in your calculation was based on the rental rate of each sleeping room and the sales at the restaurant and bar. you are most likely appraising thea) market value of the fee simple interest
b) market value of the leased fee interest
c) value of the going concernd) value in use

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the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

to solve for marcus's new balance, we need to know what his starting balance was. once we find the startin balance, the amount of $625.84 will be added to the amount he currently has in his account to get the new balance.