Question: Hello there, I need help with a group assignment that I have been assigned and have to answer a question. But first of all, I
Hello there, I need help with a group assignment that I have been assigned and have to answer a question. But first of all, I have chose Wall Financial Corporation as my company. They are located in Vancouver, British Columbia, Canada and they invest, develop, and manage real estate properties. It operates through the following segments: Rental, Hotel, Development, and Corporate. The Rental seqment involves in the ownership and management of revenue producing residential and commercial properties. In essence, their main service is commercial real estate development. However, I need help with the following question: "Is your company's main product or service, a normal good or an inferior good? Do they sell any product or service that could be considered an inferior good? If your product is a normal good, then would your team consider it to be a necessity or luxury good (in terms of income elasticity)?" My professor expects a lot from his me, especially concise and thoughtful work. Thank you so much :) Kind regards
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