In a rent-to-own agreement, the title to the house remains with the landlord until the tenant exercises his or her option and purchases the property. In other words, the starting point of this kind of an arrangement is a tenancy, not a house purchase transaction.
True or false: Derived demand is demand for producer resource/ labor inputs to be used indirectly to satisfy consumer demand in the production of final goods and services. Recall that improvements in the quality of a variable resource increase its marginal productivity and therefore its demand.
a demand curve or a supply curve is a relationship between two and only two variables quantity on the horizontal axis and price on the vertical axis the assumption behind a demand curve or a supply curve is that no relevant economic factors other than the product s price are changing