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Thursday, December 5, 2013

Micro-economics Project

Microeconomics projectIntroductionRent of flats differs with the location of the flatbeds , the size , the turning of room , surmount tier townspeoplespeoplesfolkshipspeople , environment and whether an flat tire is furnished or non , the mesh legal injury exit maturation as the account of inhabit increase , the postulate bequeath also be senior mellow if the house is furnished and also if its close to a town . We will meet ten crosscurrent pass understanding in Michigan , Bloomfield mounds argonaName Location Pricecolonial flirt terrace Birmingham 1395chimney pitchers mound flat air jacket bloom field 1015Bloomfield on the palm westerly Bloomfield 800Huntley square apartment Birmingham 1225Aldingbroke terrace and photographic plate town west bloom field 2375Bloomfield place apartment Bloomfield hills 735 Arbor of west Bloomfield west Bloomfield 1695Brandy wine apartment west Bloomfield 2495Thornberry apartment west Bloomfield 1145Eton squire apartment Birmingham 1295 mean 1417 .5 We will dispute the component parts that make for the rent roams of apartments one aft(prenominal) the otherwise starting from the surmount from town , takings of rooms and furnishing .
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From the above information the Brandywine apartments rent lay outs is much high(prenominal) than any other apartment , the rent order is icon the come rate of the apartments which is 1417 , the other notable observation is that the Bloomfield on the green apartment and the Bloomfield on the field apartment form the lowest rent rate and they are half the aver! age rent rate of all the apartmentsThe distance from townThe distance from town is one agentive role that highly influences the rent order of apartments , the raise the apartment is from town then we will expect that the trim back the rate compared to those apartments which are very near the town which will have high rent ratesFrom our above ten sampling of apartments it is evident that the distance from town does influence the rent rates , the colonial accost terrace from our have is located inside walking distance from Birmingham town , its rent rate is 1395 , just this can be compared to the Bloomfield on the fields apartment which is distant from Birmingham town and its rent rate is 800From the above results the Colonial court terrace apartments have a rent of 1395 while the Bloomfield on the field apartment rate is 800 this makes a large peripheral difference which is caused by their distance from Birmingham town , the difference in rent rate is 595 which can be associ ated with the distance from town , therefore the little the distance an apartment is from town the higher is their rent rateNumber of roomsThe number of rooms is also a factor that influences the rent rates of an apartment , the more than the number of rooms where an apartment may contain a 3 bedrooms and other rooms will definitely affect the rates the more the number the number of rooms the higher the rent rateFrom our sample we will consider the Brandywine apartments , these apartments are highly luxurious and their rent rate is 2495 , compared to the Bloomfield on the green...If you want to get a affluent essay, order it on our website: OrderEssay.net

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