Suppose that Congress passes a law that increases the number of days that renters can stay in their apartments after being evicted from 30 to 90 days. According to the analysis in the textbook, we would expecta. An increase in the demand for apartments, more apartments, and higher rents. b. A decrease in the supply of apartments, fewer apartments, and higher rents. c. An increase in the supply of apartments, more apartments, and lower rents d. An decrease in the demand for apartments, fewer apartments, and lower rents.

Describe what fixed costs and marginal costs mean to a company.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.

Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game.in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244