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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1243 |
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Simplified, if the market for our apartments is showing a high demand then an equal increase in pricing should be instituted. This would ensure that we maintain profitability and quality of product for our customers.
However, when the market starts to reflect a downward trend in demand, then the cost of rentals should be either lowered or the units be put to use for other purposes...
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Both of which will ensure the continued success of GoodLife. Of course, factors such as competition, disposable income levels, and unemployment would be key factors in the decision making process.
Economic Key Factors
To assist in the understanding the factors that played a central role in the fluctuations in the supply and demand for our apartments will be provided in a scholastic manner...
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