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Applying Supply And Demand Simulation Paper

Applying Supply And Demand Simulation Paper

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Title: Applying Supply And Demand Simulation Paper

Essay Details:

Subject: Business

Author: Janice P

Date: March 28, 2012

Level: University

Grade: A

Length: 3 / 783

Essay text:

With the location, size and economic conditions all factoring into the decisions, the price of the apartments must be determined accordingly. The amount of rent a tenant must pay is usually fixed by the property owners and contracted out based on or determined by the supply and demand of the area where they are located. The amenities of the property and the stipulations in the contract can also be a determining factor for the supply and demand for the apartments. If the apartments are located in a residential area or in an area downtown close to businesses the supply and demand could possibly change depending on consumer preference...

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