Everybody knows them. London (Ontario) is a great place to live because we have everything you need to get by, it's safe to raise a family, there's not a lot of crime and if you want to stay away from a huge city like Toronto then you can live two hours away in a place where it's a lot easier to get stuff done.
(2 reviews). GK, I have found that if the home is really priced to sell there is 1 easy giveaway sign that it is actually priced to sell. It is this: The lower the total signage hangs, the lower the price.
In inelastic markets, demand is virtually independent of variations in price. Therefore, the best pricing strategy in this case is to increase the price in order to sell the same quantity as before (i.e. prior to the price increase), and to maximize profit margins as a result. This is demonstrated by the diagram below.