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Renting provides _________ flexibility but can lead to _________ costs in the long-term.greater; lowerBgreater; higherCless; lowerDless; higher


The answer is:

- Greater

- Higher

Since you did not spend large amount of money in renting, you can move freely without feeling that you've spend to much for the place to stay. This is why renting is considered to be more flexible compared to owning a house.

But, Renting tend to lead to higher cost in the long run because the owner of the property would definitely impose higher price than they spend to buy the property. Otherwise they would not obtain any profit.


Related Questions

Posted in Business

Suppose that Eric, an economist from a business school in Georgia, and Ginny, an economist from a public television program, are arguing over saving incentives. The following dialogue shows an excerpt from their debate: Ginny: I think it’s safe to say that, in general, the savings rate of households in today’s economy is much lower than it really needs to be to sustain the improvement of living standards. Eric: I think a switch from the income tax to a consumption tax would bring growth in living standards. Ginny: You really think households would change their saving behavior enough in response to this to make a difference? Because I don’t. The disagreement between these economists is most likely due to _____ . A. Difference in values B. Difference in scientific judgements C. Difference in perception versus reality Despite their differences, with which proposition are two economists chosen at random most likely to agree? A. Employers should not be restricted from outsourcing work to foreign nations. B. Central banks should focus more on maintaining low unemployment than on maintaining low inflation. C. Business managers can raise profit more easily by reducing costs than by raising revenue.

Correct option: Difference in scientific judgements

Both Eric and Ginny are from different backgrounds are working at the different levels of economic understanding. They have different skills sets, values and thought process for the same economic problem. Therefore, there is a difference in scientific judgement.

Correct Option A: Employers should not be restricted from outsourcing work to foreign nations.

The fundamental of economics suggest to make the best use of available resources. It suggests that if the cheap and qualified laborers are available abroad, no economy should hesitate in hiring them. It improves the profitability of the companies and make the product and services cheaper for everyone.


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True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. True/false 5. True or false: Buying a single company's stock usually provides a safer return than a stock mutual fund. True/false

The statement "A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less" is true.

The statement "Buying a single company's stock usually provides a safer return than a stock mutual fund" is true.

Posted in Business

How are environmental issues related to scarcity and opportunity costs

Scarcity — The condition that exists when there are not enough resources to satisfy all the wants of individuals or society. Choices — The decisions individuals and society make about the use of scarce resources. Opportunity Costs — The next highest valued alternative that is given up when a choice is made.

Posted in Business

A small business loan is used to pay for the costs associated with starting your own company? True or false

Answer: True

Explanation:

A small business loan is known to be a loan given to an individual in order to start a business. The loan is used for running the day today activities of the business. The borrower that is the business owner reaches an agreement with the lender to repay the loan with interest over a specified period of time.

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Harry recently raised his employees' wages, which has increased production costs. Which factor did the salary hike affect? A) fixed cost B) marginal cost C) sunk cost

Its A-Fixed Cost.

( business costs, such as rent, that are constant whatever the quantity of goods or services produced.)


Posted in Business

Which of the following would be a benefit of a cross-functional team? a. Redundancy allows mistakes to be corrected quickly b. Focused attention can be given to tasks c. A range of backgrounds enriches their work d. Higher level technical ideas can be discussed

The answer is "c. A range of backgrounds enriches their work".


A cross-functional team is a group in which the individuals have distinctive ranges of abilities, however are for the most part progressing in the direction of a shared objective. It regularly incorporates individuals from various divisions and from all dimensions of the association, however it can likewise incorporate members from outside the association. These groups are normally self-coordinated. They are doled out errands, which are then remarkably drawn closer on account of the different ability of the colleagues. Every member can offer their own viewpoint, prompting a progressively "out of the box" arrangement. This inventive methodology can prompt development, which can be a generous market advantage over the challenge.

Posted in Business

How would a strong U.S. dollar impact the trade of grain produced in the United States? U.S. grain exports decrease U.S. grain exports increase U.S. grain imports decrease U.S. grain imports stagnate Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, and Country A imports cotton from Country B. Which of the following is inferred? The opportunity cost of producing milk is lower for Country A. The opportunity cost of producing cotton is higher for Country B. Country A has a natural resource advantage in cotton. Country B has a natural resource advantage in milk.

When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "The opportunity cost of producing milk is lower for Country A" is correct.


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Hill’s science diet markets high quality dog and cat food. on its website is a link to its community connect web page where pet owners can sign up for its pet chat e-newsletter, subscribe to its youtube channel, and click on a link that goes to hill’s facebook page where they can find out the latest news about or comment on hill’s products. this is a description of a website with a strong __________ design element.

Usability

The most important people involved in the design of a great website are your clients, the end users. We make sure that our sites are easy to navigate, have minimal load time, and provide visitors with a plethora of useful resources and information. We keep usability in mind in every aspect of our work from brainstorming to design and development to follow up and site maintenance. 

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Partnerships refer to more than one owner. a limited partnership ______________.

Is it a multiple choice question? Anyway, this is the definition of a limited partnership:

A Limited Partnership is a partnership consisting of a general partner, who manages the business and has unlimited personal liability for the debts and obligations of the Limited Partnership, and a limited partner, who has limited liability but cannot participate in management.

Posted in Business

. Jeff works as a computer repair technician. He has money in a savings account and he owns some stock. What types of income does he have? taxes, interest, and tips capital gains, ongoing costs, and salary interest, salary, and taxes salary, interest, and dividends

The best and most correct answer among the choices provided by your question is the first choice.

The type of incomes Jeff would have are taxes, interest, and tips.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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. Jeff works as a computer repair technician. He has money in a savings account and he owns some stock. What types of income does he have? taxes, interest, and tips capital gains, ongoing costs, and salary interest, salary, and taxes salary, interest, and dividends

I think the correct answer from the choices listed above is the last option. He earns a salary from his work, interest on his savings account, and dividends on his stock holdings. Hope this answers the question. Have a nice day.

Posted in Business

In 2013, there are four open flute positions in major orchestras. A total of 525 professional flutists audition. In the same year, there are four open positions for bassoon players in major orchestras, and 123 professional bassoonists audition for these chairs. How will this difference affect salaries? Salaries will depend on performance time. The bassoonists earn a higher salary than the flutists. Bassoonists and flutists will make an equal salary. The flutists earn a higher salary than the bassoonists.

The best and most correct answer among the choices provided by your question is the second choice.

The differences of their salaries is that the bassoonists earn a higher salary than the flutists.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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Which of the following phrases best describes the accomplishment to be listed on a résumé? a. Top producer b. The leading producer c. Top producer of 37 employees d. Top producer by a lot

I believe the answer is: c. Top producer of 37 employees

As a general rule of thumb, adding numerical value to your resume tend to gives clarity and support to the statement. Adding that specific numbers would give the employers a way to measure your credibility, which would make you get more calls for the interview.

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1.The hope of reward that encourages a person to behave in a certain way is a(n) _______. 2.A bridge is an example of something that is usually provided as a _________. 3.To show how demand for a good will change at specific price points, economists use a ____.

Here are the answers to the given questions above.
1. The hope of reward that encourages a person to behave in a certain way is a(n) INCENTIVE.
2. 
A bridge is an example of something that is usually provided as a PUBLIC GOOD.
3. 
To show how demand for a good will change at specific price points, economists use a MARKET DEMAND SCHEDULE.
Hope this answer helps.

Posted in Business

Mcdonald's, kfc, baskin-robbins, and aamco all make use of the __________ form of contractual distribution system. wholesale-sponsored chain franchise retail cooperative horizontally administered

I think the correct answer from the choices listed above is the second option. Mcdonald's, kfc, baskin-robbins, and aamco all make use of the franchise form of contractual distribution system. The franchisee agrees to all the rules, regulations, and procedures established by the franchisor. Hope this answers the question.

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The standard way to say a word is called ________________.

Pronunciation is the standard way of saying words. 

Posted in Business

Why would businesses supply more product at higher prices? A. Businesses need to sell more or they will waste money on shelf space. B. Consumers buy more with higher prices. C. Businesses will increase production to make more profit. D. Consumers are willing to pay more as supply increases.

Businesses would supply more product at higher process so that C. businesses will increase production and make more profit. If a business could make more products and sell them, they are able to make more profit off of what they are selling however, if thsoe products aren't moving, they would be wasting production time and losing money. For a business to create more, they need to be profitable in what they are increasing and how many labor hours they are using.

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