APPLIED ECONOMICS

2. in cities with weak economies
4. commonly known as the fixed interest rate
6. is the general rise in prices that decrease money's purchasing power
7. properties for lease or rent will not be unoccupied for long
11. a government run social institution that caters to private, professional,and informal sectors
12. possesses the features of both monopoly and perfect competition
16. accomodations in the Philippines are comparatively cheaper for foreign nations
18. buyers and sellers must accept market prices
20. growing economies will cause an influx of skilled workers
21. are involuntary charges imposed on individuals or companies and imposed by a government
23. is the minimum amount of comprehension an employer is required to pay
24. is the difference between the net return of a producing factor
28. that have inelastic demand are less sensitive to price change
29. also known as competitive market
30. also know as the own price elasticity of demand
31. this is market Structure
32. is an asset or commodity purchased to produce sales or appreciation
33. the input needed to create them

1. is characterized by having a few firms selling
3. is essential if you want to attract a good number of tents
5. it would be economical to buy property and put it up for lease or rent
8. is the percentage change in quantity Supplied
9. considered in deciding to proceed with a rental
10. firms have buyers and sellers who are all price takers
13. is an ongoing trend of renting out properties regardless of size and use
14. goods that have elastic demand are sensitive to price change
15. high prices of construction materials and services
17. refers to an increase in an objects value over time
19. is the rate at which the prices of goods and services rise
22. renting a property might be less constantly than purchasing a property
25. is critical for business it creates a target market for people who are willing to rent
26. high demand for houses in growing cities
27. producing similar or differented products