RMIT Classification: Trusted

Assessed Tutorial 1 Total marks 6%

Student name Student number

Qu 1 - 3 marks
Qu 1 Below is a diagram for Melbourne retail rent prices.

a) Complete this diagram including all labels to make the rental price R1 be the equilibrium
price

R2

R1

0
?

b) Add a second demand or supply line to raise the rent level to R2.

c) What could have caused this movement in the line?

 RMIT Classification: Trusted

Qu 2 - 3 marks

a) Why is it dangerous to have only one type of investment in your portfolio?

b) Draw a risk return chart and put 4 investment classes on it.

c) Name 3 good characteristics and 3 bad characteristics about property.