Question: A is incorrect Question 3 10 points Save Answer When a homeowner wants to sell his or her home, the property is typically posted on

A is incorrect Question 3 10 points Save AnswerA is incorrect

Question 3 10 points Save Answer When a homeowner wants to sell his or her home, the property is typically posted on a regional listing service. In a particular region, 60% of the new properties added to the listing service in an average week are "houses". The remaining 40% of new listings added are "condominiums". The average house listed on the service stays there (i.e. goes through the listing process) for 4 weeks, before it is either sold or the listing taken out for other reasons. The average condominium stays listed for 9 weeks. What percent of active property listings on the service (i.e., properties posted on the listing service but not yet removed) are condominiums? (Hint what % of the listed inventory consists of condos?) A. 55 O B. 50 O c. 60 O 0.40

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