Jim inherited a property that has not been maintained in years, the property needs new appliances, a roof, new siding, new electrical and plumbing. The cost of the updating far exceeds the value of homes in the area. The lack of feasibility in doing these repairs is called:

Answers

Answer 1

The lack of feasibility in doing repairs on the property inherited by Jim is called: incurable.

Incurable can be defined as any set of defects that is practically impossible for a property owner to fix, repair or cure, especially due to lack of maintenance and finance.

This ultimately implies that, incurable is a term that is associated with depreciation and it arises when the cost of repair of a property is far greater than the financial value of the property.

In conclusion, the lack of feasibility in doing repairs on the property inherited by Jim is called incurable.

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Related Questions

The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country.


O $3,900

O $4,100

O $5,100

O $4,000

Answers

Answer:

Economic Performance Unit Test

1. -Notebooks sold to students.

-French fries sold to customers at a restaurant.

2. - $4,100

3. - The market value of new factories built this year.

4. - Real GDP fluctuates but follows an upward-sloping trend line.

5. - 100%

6. - 6.5 billion dollars

7. - 1.10%

8. Unemployment associated with workers who are between jobs.; Frictional unemployment

Unemployment resulting from mismatches between employer needs and employee skills.; Structural unemployment

Unemployment associated with the highs and lows of the business cycle.; cyclical unemplyment

9. -17%

10. - The economist is correct. Since more people are entering the workforce than are leaving it, a lack of jobs growth could result in a higher level of unemployment, even if the growth is not negative.

11. -4.8%

12. - An increase in the price of oil has reduced supply of all goods and services that use oil as an input.

- A tornado destroys factories and lowers supply levels throughout the economy.

13. housing costs,clothing cost utilities costs are Suuplemental Poverty Measure

food cost is both.

14.- negative income tax

15. - After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.

-After adopting a new typing strategy, a data scientist is able to provide more data services to clients.

16. - GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

17. Essay

Explanation:

I just took the test these are 100% Correct.

Mark me braliest!!!!!

!00 %

Based on the market values given of the nation above, the gross domestic product is $4,100.

What is the GDP of this nation?

That can be found by the formula:
= Consumption + Investment + Government Spending + Exports - Imports

Solving gives:

= 2,000 + 1,000 + 1,000 + 600 - 500

= $4,100

In conclusion, option B is correct.

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What type of federal funding is free money, but is based
on financial need only?

A.Federal grants

B.All federal scholarships

C.The 529 Plan

D.None of these are correct

Answers

Answer:

Try A. Federal Pell Grant

Answer:

answer : b

Explanation:

cauise

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