Suppose that you are attempting to value an income-producing property using the direct capitalization approach. using data from comparable properties, you have determined the overall capitalization rate to be 11.44%. if the projected first-year net operating income (noi) for the subject property is $44,500, what is the indicated value of the subject using direct capitalization? a) $49,590.80b) $50,225.73c) $388,986.00d) $509,080.00

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.