Question

Real Estate Real estate prices within one state have been increasing at an average
rate of 8 percent per year. How long will it take for current prices to increase by 100
percent if the prices continue to increase at the same rate?
​

Answer 1

Step-by-step explanation:

Answer 2

Answer:

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.