Supply and Demand Simulation

Essay specific features

 

Issue:

Business

 

Written by:

Michael V

 

Date added:

December 19, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1175

 

Was viewed:

1048 times

 

Rating of current essay:

 
Essay content:

Factors that influence the supply and demand for apartments include personal preferences, economy, income, and rental rates. Each of these factors affect the ratio of vacant and occupied apartments. Decisions regarding supply, demand, and price require careful evaluation. Regular monitoring of supply and demand is necessary to remain competitive in a crowded rental market...
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Decisions regarding supply, demand, and price require careful evaluation. Regular monitoring of supply and demand is necessary to remain competitive in a crowded rental market. As the community grows, GoodLife must make adjustments to remain viable in the real estate industry. The objective of the first simulation was to determine the monthly rental rate for two-bedroom apartments on temporary leases...
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