a skateboard firm's fixed costs are $100 and the skateboards are sold for $80. the firm's variable costs are displayed in the table below: quantity of goods variable costs 16 30 17 70 18 135 19 215 20 335 what is the firm's producer surplus?

Answers

Answer 1

If the skateboard firm has fixed costs amounting to $100, and the selling price of the skateboards is $80, then the firm's producer surplus is $1,305.

Producer surplus represents the difference between the price at which a product is sold and the variable costs incurred by the producer. To calculate the producer surplus, we need to determine the quantity at which the variable costs equal or exceed the selling price.

In the given table, we can observe that the selling price of the skateboards is $80. Looking at the variable costs, we find that when the quantity reaches 19 units, the variable costs equal $215, which is greater than the selling price. Therefore, the firm can produce and sell up to 19 skateboards.

To calculate the producer surplus, we subtract the variable costs corresponding to the quantity of 19 skateboards from the total revenue earned at that quantity.

The total revenue is calculated by multiplying the selling price ($80) by the quantity (19).

Total revenue = $80 × 19 = $1,520

Variable costs at quantity 19 = $215

Producer surplus = Total revenue - Variable costs at quantity 19

= $1,520 - $215

= $1,305

To know more about producer surplus, refer here:
https://brainly.com/question/32106601
#SPJ11


Related Questions

Which of the following statements best describes Amazon
CloudFront?
a) Speeds up the delivery of your content to viewers across the globe
b) Provides a common language for you to describe and provision all the infrastructure resources in your cloud environment
c) Provides you with data and actionable insights to monitor your applications
d) Provides topics for highâthroughput, pushâbased, manyâtoâmany messaging

Answers

The best description of Amazon CloudFront is that it speeds up the delivery of your content to viewers across the globe.

CloudFront is a content delivery network (CDN) service that enables businesses and organizations to distribute content, such as web pages, videos, and other media,

to users across the world with low latency and high transfer speeds. It achieves this by caching content in edge locations, which are geographically distributed data centers.

When a user requests content, CloudFront delivers it from the nearest edge location, reducing the latency and improving the user experience.

This makes CloudFront an ideal solution for businesses that need to deliver large amounts of data or media to users in different regions, such as online retailers,

media companies, and gaming platforms. While CloudFront can provide some monitoring and logging capabilities, it is not primarily designed for that purpose.

Instead, it focuses on improving content delivery performance and reliability. In summary, Amazon CloudFront is a CDN service that speeds up the delivery of content to viewers across the globe.

To know more about Amazon CloudFront refer here

https://brainly.com/question/30401293#

#SPJ11

If resources are better suited toward the production of one good than toward the other good, then the ppf for those two goods is:________

Answers

If resources are better suited toward the production of one good than toward the other good, then the PPF (Production Possibility Frontier) for those two goods will be curved.

A PPF shows the maximum combinations of two goods that can be produced with a given amount of resources and technology. When resources are more productive in producing one good than the other, the PPF will be bowed out or curved, indicating that the opportunity cost of producing more of one good increases as more of it is produced, and less of the other good is produced.

A flat PPF would indicate that resources are equally productive in producing both goods. Therefore, a curved PPF implies that the trade-off between producing the two goods is not constant.

Learn more about PPF (Production Possibility Frontier):

brainly.com/question/29098353

#SPJ11

which of the following is not true regarding the difference between decision making and problem solving?

Answers

The correct statement about the difference between decision making and problem solving is C. When solving a problem.

The difference between decision making and problem solving, and then identify which of the following statements is not true regarding that difference.
Decision making refers to the process of selecting the best course of action from multiple alternatives. This often involves evaluating risks, rewards, and potential consequences of each choice.
Problem solving, on the other hand, involves identifying the root cause of an issue and finding a solution to resolve it. This process usually involves critical thinking, analysis, and the development of strategies to address the issue effectively.

Therefore, the correct statement is option c. When solving a problem, you must choose from among various alternatives.

Which of the following is NOT true regarding the difference between decision making and problem solving?

a. When making a decision, you must evaluate various outcomes in terms of a goal.

b. When making a decision, you must choose from among various alternatives.

c. When solving a problem, you must choose from among various alternatives.

d. When solving a problem, you must find the answer to a question.

Learn more about problem-solving here: https://brainly.com/question/23945932

#SPJ11

Use the table below on the hypothetical price of coffee beans and CPI in Locoland to answer the questions.
Price per pound CPI
2010 $9 127
2011 $15 163
a. What is the inflation rate between 2010 and 2011?
b. What is the percentage change in the price per pound of coffee between 2010 and 2011?
c. How can CPI be used to calculate inflation?

Answers

The inflation rate between 2010 and 2011 is 28.35%, the percentage change in the price per pound of coffee between 2010 and 2011 is 66.67% and CPI can be used to calculate inflation by measuring the change in prices of a basket of goods and services over time

a. To calculate the inflation rate between 2010 and 2011, we can use the following formula:
Inflation rate = ((CPI in year 2 - CPI in year 1) / CPI in year 1) x 100
Substituting the values from the table, we get:
Inflation rate = ((163 - 127) / 127) x 100 = 28.35%
Therefore, the inflation rate between 2010 and 2011 is 28.35%.

b. To calculate the percentage change in the price per pound of coffee between 2010 and 2011, we can use the following formula:
Percentage change = ((Price in year 2 - Price in year 1) / Price in year 1) x 100
Substituting the values from the table, we get:
Percentage change = (($15 - $9) / $9) x 100 = 66.67%
Therefore, the percentage change in the price per pound of coffee between 2010 and 2011 is 66.67%.

c. CPI can be used to calculate inflation by measuring the change in prices of a basket of goods and services over time. CPI is calculated by comparing the prices of the same basket of goods and services in different years. The percentage change in CPI between two years represents the inflation rate. By using CPI, we can track changes in the cost of living over time and adjust for inflation when comparing prices across different periods.

To know more about inflation rate, refer here:

https://brainly.com/question/30112292#

#SPJ11

bella requires $240,000 in four years to purchase a new home. what amount must be invested today in an investment that earns 6% interest, compounded annually?

Answers

Bella must invest approximately $180,200.52 today to have $240,000 in four years, assuming an annual interest rate of 6% compounded annually. This is calculated using the formula is  [tex]FV = PV * (1 + r)^t.[/tex]

To determine how much Bella must invest today to have $240,000 in four years, we can use the formula for the future value of a lump sum:

[tex]FV = PV * (1 + r)^t.[/tex]

Where:

FV = Future value

PV = Present value

(the amount Bella needs to invest today)

r = Annual interest rate (as a decimal)

t = Number of years

In this case, Bella needs $240,000 in four years, and the investment earns 6% interest, compounded annually. So the annual interest rate is 0.06, and the number of years is 4.

Plugging these values into the formula, we get:

$240,000 = [tex]PV * (1 + 0.06)^4[/tex]

Simplifying and solving for PV, we get:

PV = $240,000 / [tex](1 + 0.06)^4[/tex]

PV = $180,200.52

Therefore, Bella must invest approximately $180,200.52 today to have $240,000 in four years, assuming an annual interest rate of 6% compounded annually.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ11

which statement regarding annuities is correct? variable annuities provide a fixed rate of return if funds are invested moderately. variable annuity units are fixed but the annuity payment will vary according to the value of the annuity unit. annuity payments begin the next day for an immediate annuity. if an individual owns an annuity, the interest is generally taxable during the accumulation period.

Answers

he correct statement regarding annuities is: variable annuity units are fixed, but the annuity payment will vary according to the value of the annuity unit.

This means that while the number of units remains constant, the payment amount may change based on the unit's value, which can fluctuate with market conditions.

The annuity payment, on the other hand, will vary based on the value of the annuity unit at the time the payment is due. The payment amount is calculated by multiplying the number of annuity units by the value of each unit at the time of payment.

This means that while the number of units remains constant, the payment amount may change based on the unit's value, which can fluctuate with market conditions.

Variable annuities offer the potential for higher returns compared to fixed annuities, but they also come with higher risks due to their exposure to the performance of the underlying investment portfolio.

The annuity payment amount can vary over time, making it more difficult to plan for future income needs. It is important to carefully consider the pros and cons of variable annuities and to seek advice from a financial professional before making any investment decisions.

To learn more about constant, refer below:

https://brainly.com/question/14159361

#SPJ11

west trendia has computed its cpi for three years, using 2016 as the base year. instructions: round your answers to one decimal place. 2015 2016 2017 cpi 97 100 96 what was the rate of inflation between 2015 and 2016?

Answers

Rate of inflation between 2015 and 2016 is 16.3%, Rate of inflation Between 2016 and 2017 is 12%, Rate of inflation Between 2015 and 2017 is 30.2%. The CPI, or Consumer Price Index, is a measure of the average change in prices of goods and services over time.

Inflation is the rate of price growth over a predetermined period. Inflation is often measured in broad terms, such as the general rise in prices as well as the rise in a nation's cost of living.

In the field of economics, inflation refers to an increase in the overall cost of services and products in a country. Each unit of cash may purchase fewer products and services as the overall cost rises, hence inflation is associated with a decline in the value given money.

When prices of products and services grow broadly rather than simply for specific items, it is said to be experiencing inflation.

Learn more about Inflation here:

https://brainly.com/question/29308595

#SPJ12

for a monopolistically competitive firm, a. at the profit-maximizing quantity of output, marginal revenue equals marginal cost. b. marginal revenue and price are the same. c. at the profit-maximizing quantity of output, price equals marginal cost.

Answers

For a monopolistically competitive firm, the profit-maximizing quantity of output occurs where marginal revenue equals marginal cost. The correct option is a. at the profit-maximizing quantity of output, marginal revenue equals marginal cost.

This is because in a monopolistically competitive market, firms have some control over the price they charge, but face competition from other firms producing similar products. This means that as the firm increases its output, it will face diminishing returns, and therefore the marginal cost will increase. On the other hand, as the firm increases its output, it will also generate additional revenue, but at a diminishing rate, leading to a declining marginal revenue.

Therefore, to maximize profits, the firm will produce the quantity of output where the marginal revenue equals the marginal cost. It is important to note that the price charged by the firm will typically be higher than the marginal cost, as the firm must cover fixed costs and earn a profit.

However, at the profit-maximizing quantity of output, the price will be lower than in a monopoly, where the firm faces no competition and can charge a higher price. The correct option is a. at the profit-maximizing quantity of output, marginal revenue equals marginal cost.

For more about monopolistically:

https://brainly.com/question/29763908

#SPJ11

FILL IN THE BLANK. In the Baldrige Award evaluation process, _____ refers to the methods used to accomplish the process, the appropriateness of the methods to the item requirements and the organizations operating environment, the effectiveness of the use of the methods, and the degree to which the approach is repeatable and based on reliable data and information

Answers

In the Baldrige Award evaluation process, Approach refers to the methods used to accomplish the process, the appropriateness of the methods to the item requirements and the organization's operating environment, the effectiveness of the use of the methods, and the degree to which the approach is repeatable and based on reliable data and information.

Approach is an essential aspect of the evaluation process as it determines the efficiency and efficacy of an organization's management system. A well-designed approach allows an organization to meet its objectives and stay competitive in its industry.

In the context of the Baldrige Award, the approach is assessed according to its alignment with the organization's strategy, its level of innovation and continuous improvement, and its effectiveness in achieving desired results. Organizations that demonstrate a strong, systematic approach are more likely to excel in performance, making them strong contenders for the prestigious Baldrige Award.

Learn more about Baldrige Award here: https://brainly.com/question/31112029

#SPJ11

Smith Technologies is expected to generate $150 million in free cash flow next year, and FCF is expected to growth at a constant rate of 5% per year indefinitely. Smith has no debt or preferred stock, and its WACC is 10%. If Smith has 50 million shares of stock outstanding, what is the stock's value per share ?

Answers

The stock's value per share is $60.

The stock's value per share can be calculated using the Gordon Growth Model formula:

V0 = FCF1 / (WACC - g),

where V0 is the stock's value today,

FCF1 is the expected free cash flow next year,

WACC is the weighted average cost of capital, and g is the expected growth rate.

Plugging in the given values into the formula:

V0 = $150 million / (0.1 - 0.05)

V0 = $150 million / 0.05

V0 = $3 billion.

To find the stock's value per share, we can divide the total value by the number of shares outstanding, which gives us $60 per share ($3 billion / 50 million shares).

Therefore, the stock's value per share is $60.

Learn more about stock value here:

https://brainly.com/question/18648241

#SPJ1

Ahmed is cleaning his kitchen when realizes he has run out of paper towels. He gives the command, “Hey Alexa, add paper towels to my shopping list.” What type of tech trend is he using?

A.
cloud computing

B.
artificial intelligence

C.
open educational resources

D.
cryptocurrency

Answers

The tech trend Ahmed is using is B. artificial intelligence. By giving the voice command to Alexa, he is utilizing the AI capabilities of the device to perform a task for him.

If this market is a monopoly and the elasticity of demand is -5, then at the quantity chosen by the monopolist the marginal cost is
Question 1 options:
20% higher than the price charged by the monopolist
20% lower than the price charged by the monopolist
80% higher than the price charged by the monopolist
80% lower than the price charged by the monopolist

Answers

We can see that the marginal cost is 80% lower than the price charged by the monopolist. The correct answer is option D.

In a monopoly, the marginal cost is equal to the marginal revenue, and the monopolist chooses the quantity where MR = MC to maximize profits. The elasticity of demand affects the price charged by the monopolist, but not the marginal cost. Therefore, the answer is: The marginal cost is equal to the price charged by the monopolist.

Since we're dealing with a monopoly and given the elasticity of demand is -5, we can use the Lerner Index formula to find the relationship between price and marginal cost:
Lerner Index = (P - MC) / P
Here, P represents the price charged by the monopolist and MC represents the marginal cost. The Lerner Index is also equal to -1 / (price elasticity of demand), which in this case is -1 / (-5) = 1/5 or 0.2.

So, 0.2 = (P - MC) / P. Now, let's solve for the relationship between P and MC:
0.2P = P - MC
MC = P - 0.2P
MC = 0.8P
From this equation, 80% lower than the price charged by the monopolist.

To know more about monopolist, refer here:

https://brainly.com/question/31683012#

#SPJ11

the spending multiplier measures the change in equilibrium income that results from a change in: group of answer choices consumption. interest rates. savings. net exports. autonomous expenditures.

Answers

The spending multiplier measures the change in equilibrium income that results from a change in autonomous expenditures, such as government spending, investment, and exports.

Autonomous expenditures are the components of aggregate demand that are not influenced by changes in income, such as government spending, investment, and exports.

The spending multiplier is based on the idea that a change in autonomous expenditures will have a ripple effect throughout the economy, leading to changes in income, consumption, and ultimately more spending.

For example, an increase in government spending will lead to an increase in income and consumption, which in turn will lead to an increase in demand for goods and services.

This increase in demand will lead to more production, more income, and more consumption, and the process will continue until equilibrium is reached.

The size of the spending multiplier depends on the marginal propensity to consume (MPC), which is the fraction of additional income that is spent on consumption.

The higher the MPC, the larger the spending multiplier, as each dollar of additional spending will lead to more rounds of spending and income.

In summary, the spending multiplier measures the change in equilibrium income that results from a change in autonomous expenditures, such as government spending, investment, and exports.

The size of the multiplier depends on the marginal propensity to consume, as each dollar of additional spending leads to more rounds of spending and income.

To know more about spending multiplier refer here:

https://brainly.com/question/7656808#

#SPJ11

The spending multiplier measures the change in equilibrium income that results from a change in autonomous expenditures.

Autonomous expenditures refer to spending that is not influenced by changes in income, such as government spending, investment, and exports.



The spending multiplier is a concept in macroeconomics that shows how an initial change in spending can have a larger impact on overall economic activity.

When there is an increase in autonomous expenditures, this leads to an increase in income, which in turn leads to an increase in consumption, further increasing income.

This process continues until the increase in income is equal to the initial increase in autonomous expenditures, and this is known as the spending multiplier effect.



While changes in consumption, savings, interest rates, and net exports can all impact economic activity, the spending multiplier specifically measures the impact of changes in autonomous expenditures.

It is important for policymakers and economists to understand the spending multiplier effect, as it can be used to assess the potential impact of government spending or investment on the overall economy.

To know more about equilibrium income refer here

https://brainly.com/question/13034122#

#SPJ11

a variable that precedes an outcome of interest and decreases the chances that the negative outcome will occur is a(n) .

Answers

A variable that precedes an outcome of interest and decreases the chances that the negative outcome will occur is called a protective factor.

A protective factor is a variable that can help to reduce the likelihood of negative outcomes in individuals or groups, even in the presence of risk factors. Protective factors can be internal or external and can operate at the individual, family, community, or societal level.

For example, in the context of mental health, protective factors may include having strong social support networks, positive self-esteem, a sense of purpose or meaning in life, and access to mental health services. These factors can help to reduce the risk of developing mental health problems, even in individuals who may be exposed to risk factors such as traumatic experiences or chronic stress.

In the context of child development, protective factors may include a stable and nurturing family environment, access to quality education and healthcare, positive relationships with caregivers and peers, and opportunities for engagement in constructive activities such as sports or hobbies. These factors can help to promote resilience in children and reduce the risk of negative outcomes such as academic failure, substance abuse, or delinquency.

Visit here to learn more about variable brainly.com/question/15740935

#SPJ11

an important difference between perfect competition and monopoly is group of answer choices a monopoly is not regulated by the market, while a perfect competitor is regulated by the market. the monopoly faces a downward sloping demand curve and the perfect competitor faces a horizontal demand curve. a monopoly is profitable and a perfect competitor is not. the monopoly faces an inelastic demand curve and the perfect competitor faces an elastic demand curve.

Answers

an important difference between perfect competition and monopoly is that a monopoly faces a downward-sloping demand curve, while a perfect competitor faces a horizontal demand curve. This is because a monopoly has market power and can set prices higher, while a perfect competitor cannot do so as they have no control over the market.

A monopoly is not regulated by the market, while a perfect competitor is regulated by the market. This means that a monopoly can act in its own self-interest and pursue profits without any competition, while a perfect competitor is subject to market forces that determine the price and quantity of their product. Additionally, a monopoly is profitable, while a perfect competitor is not due to the intense competition in the market. Finally, a monopoly faces an inelastic demand curve, meaning that consumers are less sensitive to price changes, while a perfect competitor faces an elastic demand curve, meaning that consumers are very sensitive to price changes.

Learn more about perfect competition: https://brainly.com/question/28081306

#SPJ11

alliances are considered essential in countries where:group of answer choicesmarkets are monopolistic in nature.efforts are required to achieve organizational objectives by predicting and influencing the technological environments.partners combine resources and capital to create competitive advantages in an established market.laws require foreign firms doing business there to work with local companies.

Answers

Alliances are considered essential in countries where partners combine resources and capital to create competitive advantages in an established market.

This is because these types of partnerships allow for increased efficiency, sharing of expertise, and access to new markets. In countries where laws require foreign firms doing business there to work with local companies, alliances become even more important.

Additionally, in countries where efforts are required to achieve organizational objectives by predicting and influencing the technological environments, alliances can help provide access to new technologies and innovation.

Overall, alliances are essential in countries where competition is high, and companies need to work together to remain competitive and succeed in the market.

To know more about Alliances visit:

https://brainly.com/question/1814706

#SPJ11

Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciation on the carpet cleaning machines.
a. Direct
b. Indirect
c. Selling
d. Period

Answers

answer: indirect

reason: straight line depreciation is a fixed cost


The cost of depreciation for a service company that provides carpet cleaning and uses the straight-line depreciation method can be classified as a periodic expense. In this context, "periodic expenses" refer to costs that are incurred over a specific period and are allocated evenly over the useful life of an asset, such as carpet cleaning machines.

Straight-line depreciation is a simple and widely-used method of calculating the reduction in the value of an asset over time. It is determined by taking the initial cost of the asset, subtracting its estimated salvage value, and dividing the result by the asset's useful life in years. This depreciation expense is then recorded as a periodic expense in the company's financial statements.

In the case of the carpet cleaning service company, the depreciation cost of their carpet cleaning machines is a reflection of the wear and tear on the equipment over time. By classifying the depreciation cost as a periodic expense, the company can accurately allocate the cost of using the machines across the period they are in service, ensuring a fair representation of expenses in their financial reporting.

To know more about the cost of depreciation pls visit:

https://brainly.com/question/30089762

#SPJ11

Which of the following is part of the traditional approach to managing contracted relationships?a. Mutual trustb. Long-term commitmentc. Shared riskd. Total company involvemente. Structured communications

Answers

All of the above options are part of the traditional approach to managing contracted relationships.

The traditional approach to managing contracted relationships involves establishing mutual trust, making a long-term commitment, sharing risks, involving the total company in the process, and maintaining structured communications. These factors help to ensure that both parties are committed to achieving common goals and that the relationship is built on a foundation of transparency and accountability.

In order to effectively manage contracted relationships, it is important to adopt a traditional approach that includes all of the elements listed above. By doing so, organizations can establish strong, lasting partnerships that benefit both parties and contribute to overall success.

To know more about communications, visit;

https://brainly.com/question/28153246

#SPJ11

What are the five key steps a company follows to apply the core revenue recognition principle?

Answers

To apply the core revenue recognition principle, a company follows these five key steps:

1. Identify the contract with a customer: The company first establishes a contract, which is a legally binding agreement with the customer, outlining the goods or services to be provided and the payment terms.

2. Identify the separate performance obligations in the contract: The company identifies distinct goods or services promised in the contract, known as performance obligations, and treats them as separate units for revenue recognition purposes.

3. Determine the transaction price: The company calculates the total amount it expects to receive from the customer for fulfilling the performance obligations in the contract.

4. Allocate the transaction price to the separate performance obligations: The company allocates the total transaction price proportionally among the identified performance obligations, based on their standalone selling prices.

5. Recognize revenue when (or as) the performance obligations are satisfied: Finally, the company recognizes revenue as each performance obligation is satisfied, either at a point in time or over a period, depending on the nature of the goods or services provided.

By following these steps, a company ensures it applies the core revenue recognition principle accurately and consistently in its financial reporting.

To know more core revenue recognition principle company https://brainly.com/question/28102736

#SPJ11

Fill in the blank. An approach where free content is available up to a point at which fees begin, is called a _____.

Answers

The approach where free content is available up to a point at which fees begin, is called a freemium model.

In freemium model, a basic version of the product or service is offered for free, while advanced or premium features require a paid subscription.

The freemium model is commonly used in software, mobile apps, and digital media. It is a popular strategy for attracting new customers and providing them with a taste of the product or service before requiring payment.

The model is often successful because it allows users to experience the value of the product or service before committing to a purchase.

Freemium models can also generate revenue through advertising or upselling customers to paid subscriptions.

Learn more about freemium model:

https://brainly.com/question/29097231

#SPJ11

sarah and stephanie are determined to make their business plan look as professional as possible. in order to make sure it's organized and presented correctly, they've decided to

Answers

Business is all about making a good impression, and presenting a professional plan is key.

Sarah and Stephanie's decision to ensure their plan is organized and presented correctly is a smart move.

To achieve this, they could consider using a template or seeking guidance from a mentor or advisor with experience in business planning.

They could also enlist the help of a professional designer to ensure their plan looks visually appealing and consistent throughout.

Being organized and detail-oriented can give potential investors or partners the confidence they need to support the business, so Sarah and Stephanie are on the right track.

learn more about business here:brainly.com/question/3407426

#SPJ11

Identify the advantages of the corporate form of business : corporate taxation government regulation limited liability of stockholders continuous life ease of capital accumulation

Answers

The corporate form of business offers several advantages. One of the most significant advantages is corporate taxation, which allows companies to take advantage of tax deductions that are not available to other forms of businesses. Additionally, government regulation is often more lenient towards corporations, making it easier for them to operate and grow.

Another benefit of the corporate form of business is the limited liability of stockholders. This means that the owners of a corporation are not personally liable for any debts or legal issues that the company may face. Instead, only the assets of the corporation are at risk.Continuous life is another advantage of the corporate form of business. Unlike other forms of businesses, corporations can continue to exist even after the death of a shareholder or a change in ownership. This ensures that the company can continue to operate and provide services to its customers.

Finally, the corporate form of business makes it easier to accumulate capital. Because corporations can issue stock, they can attract investment from a large number of investors, allowing them to raise capital quickly and easily. This makes it possible for corporations to fund new projects, expand their operations, and grow their business over time.

Know more about the " Corporate form of business" click here:

https://brainly.com/question/30075202

#SPJ11

T/F: The fall in the value of the domestic currency will sharply reduce the purchasing power of foreign tourists in the country whose currency values are falling

Answers

The given statement "The fall in the value of the domestic currency will sharply reduce the purchasing power of foreign tourists in the country whose currency values are falling" is true.

When the value of a country's domestic currency falls, it means that the currency is worth less compared to other currencies. This means that foreign tourists who are visiting the country will need to spend more of their own currency to purchase goods and services in the local currency. As a result, the purchasing power of foreign tourists in the country will be sharply reduced.

For example, if a foreign tourist from the United States visits a country where the local currency has fallen in value compared to the US dollar, they will need to spend more US dollars to purchase goods and services in the local currency. This means that their purchasing power in the country will be reduced, as they will be able to buy fewer goods and services for the same amount of US dollars.

This can have a negative impact on the tourism industry in the country, as foreign tourists may choose to visit other destinations where their purchasing power is stronger. On the other hand, it may also make the country more attractive to domestic tourists, as their purchasing power within the country will be stronger.

To know more about currency refer to-

https://brainly.com/question/14372075

#SPJ11

What can happen on the equilibrium quantity and equilibrium price if;
• Supply increases and demand is fixed.
• Supply decreases and demand is fixed.
• Demand increases and supply is fixed.
• Demand decreases and supply is fixed.
• Both demand and supply increase.
• Both demand and supply decrease.
Explain your answer for each part with the related graph.

Answers

Changes in supply and demand have significant effects on equilibrium quantity and equilibrium price. When supply increases while demand is fixed, there is a surplus.

To understand the impact of changes in supply and demand on equilibrium quantity and equilibrium price, it's helpful to analyze each scenario individually:

Supply increases and demand is fixed:

When supply increases while demand remains fixed, there is an excess supply or surplus in the market. This surplus causes downward pressure on prices. As a result, the equilibrium quantity increases, but the equilibrium price decreases.

Supply decreases and demand is fixed:

If supply decreases while demand remains fixed, there is a shortage in the market. This shortage leads to upward pressure on prices. Consequently, the equilibrium quantity decreases, and the equilibrium price increases.

Demand increases and supply is fixed:

When demand increases while supply remains fixed, there is excess demand or a shortage in the market. This shortage puts upward pressure on prices. Consequently, the equilibrium quantity increases, and the equilibrium price also increases.

Demand decreases and supply is fixed:

If demand decreases while supply remains fixed, there is excess supply or a surplus in the market. This surplus leads to downward pressure on prices. As a result, the equilibrium quantity decreases, and the equilibrium price also decreases.

Both demand and supply increase:

When both demand and supply increase, the effects on equilibrium price and quantity depend on the relative magnitudes of the shifts. If the increase in demand is larger than the increase in supply, the equilibrium price will rise, while the change in equilibrium quantity will depend on the specific magnitudes of the shifts.

Both demand and supply decrease:

When both demand and supply decrease, similar to the previous scenario, the effects on equilibrium price and quantity depend on the magnitudes of the shifts. If the decrease in demand is larger than the decrease in supply, the equilibrium price will fall, while the change in equilibrium quantity will depend on the specific magnitudes of the shifts.

It's important to note that the actual numerical impact on equilibrium price and quantity will depend on the specific slopes and elasticities of the supply and demand curves, as well as the magnitude of the shifts.

Learn more about supply and demand: brainly.com/question/1222851

#SPJ11

Answer:

It's B.

Explanation:

Edge 2020.

A(n) is the most basic and least powerful scale design in which the questions require respondents to provide only some type of descriptor as the raw response.

Answers

A nominal scale is the most basic and least powerful scale design in which the questions require respondents to provide only some type of descriptor as the raw response.

A nominal scale, also known as a categorical scale, is used to categorize data into distinct groups or categories without any implied order or hierarchy.

Respondents simply provide a descriptor or label that best fits their response. For example, a survey asking about a person's favorite color would use a nominal scale, with options like "red," "blue," "green," etc.

This scale does not indicate any level of intensity or preference, as it only groups data into categories. It is limited in its analytical capabilities compared to ordinal, interval, or ratio scales, but it is useful for gathering basic information on categorical variables.

To know more about categorical scale click on below link:

https://brainly.com/question/30001026#

#SPJ11

a delivery truck from a food wholesaler has just delivered fresh meat and produce to a local restaurant. this meat and produce would be categorized as which type of inventory by the restaurant?

Answers

The meat and produce delivered by the food wholesaler would be categorized as perishable inventory by the restaurant.

Perishable inventory refers to goods that have a limited shelf life and must be sold or used quickly before they spoil. In the case of the restaurant, they need to quickly incorporate the fresh meat and produce into their menu items to avoid spoilage and waste.

The management of perishable inventory is crucial for businesses in the food industry as they need to balance the supply and demand to ensure that they have enough inventory to serve their customers without incurring unnecessary costs from spoilage or overstocking.

To know more about perishable inventory refer to-

https://brainly.com/question/30010564

#SPJ11

Chromosome number 35 2 points The diploid number of chromosomes in humans is46.Sperm cells are produced by meiosis. All sperm cells are genetically different. Explain how meiosis causes genetic variation. [2] DMD Duchenne muscular dystrophy (DMD) is a sex-linked condition. It is caused by a 361 point recessive allele on theXchromosome. What is the genotype of Mr Jones. [1] Mr Jones is unaffected by DMD. Mrs Jones is a carrier of DMD. Use the following symbols to answer these questions: -XD=normalXchromosome -Xd=Xchromosome carrying the allele for DMD -Y=normalYchromosome

Answers

Meiosis causes genetic variation through two main processes: crossing over and independent assortment.

During crossing over, homologous chromosomes exchange genetic material, creating new combinations of alleles. Independent assortment occurs when homologous chromosomes line up randomly during meiosis, resulting in different combinations of chromosomes being distributed to daughter cells. These two processes create unique combinations of alleles and chromosomes in each sperm cell, leading to genetic variation.

The genotype of Mr Jones would be XDY, as he does not have the DMD allele on his X chromosome.

Since Mrs Jones is a carrier of DMD, she must have one normal X chromosome and one X chromosome carrying the DMD allele. Therefore, her genotype would be XdXD.

The possible genotypes of their children would be:

- XDY (normal male)
- XdY (male carrier of DMD)
- XD XD (normal female)
- XD Xd (female carrier of DMD)
- XdXd (female with DMD)

For more such questions on Meiosis.

https://brainly.com/question/30125045#

#SPJ11

Show that increasing returns to scale can co-exist with diminishing marginal productivity. To do so, provide an example of a production function with IRTS and diminishing marginal returns.

Answers

Increasing returns to scale and diminishing marginal productivity can co-exist, as shown in the Cobb-Douglas production function example. The production function demonstrates IRTS when the sum of output elasticities is greater than one, and diminishing marginal productivity when individual output elasticities are less than one.


It is possible to have a production function with IRTS and diminishing marginal productivity.
to show that increasing returns to scale (IRTS) can co-exist with diminishing marginal productivity, let's consider the Cobb-Douglas production function as an example. The Cobb-Douglas production function is given by:
Q = A * L^α * K^β
where Q is output, A is total factor productivity, L is labor, K is capital, and α and β are the output elasticities of labor and capital, respectively.
IRTS occur when the sum of output elasticities is greater than one (α + β > 1). This means that when we increase both labor and capital by a certain proportion, output increases by a larger proportion. On the other hand, diminishing marginal productivity occurs when the output elasticities are decreasing (α < 1, β < 1), implying that as more labor or capital is added, the additional output generated decreases.To demonstrate co-existence, assume α = 0.6 and β = 0.5, making α + β = 1.1, which satisfies the IRTS condition. Since both α and β are less than 1, diminishing marginal productivity is also present.

To know more about marginal productivity visit:
brainly.com/question/13623353
#SPJ11

Fill in the blank. You had a smug grin on your face as you sent your section of the project ahead of schedule. You knew that Juanita and Lorenzo would be surprised because doing so shows_____ with your past behavior with group projects.

Answers

You had a smug grin on your face as you sent your section of the project ahead of schedule. You knew that Juanita and Lorenzo would be surprised because doing so shows inconsistency with your past behavior with group projects.

Inconsistency refers to the lack of agreement or compatibility between two or more ideas, facts, or statements. It can also refer to a situation where a person's actions or beliefs do not align with their words or intentions. Inconsistencies can arise in various contexts, including logic, mathematics, science, law, and everyday communication. Inconsistencies can create confusion, uncertainty, and unpredictability, and can make it difficult to make rational decisions or draw valid conclusions. Therefore, it is important to identify and resolve inconsistencies in order to maintain clarity and coherence in our thoughts, actions, and beliefs.

Visit here to learn more about inconsistency brainly.com/question/29376210

#SPJ11

the coase bargaining solution applies to a situation when there is a_____number of affected parties, and the transactions costs of bargaining are relatively____. .

Answers

The Coase bargaining solution applies to a situation when there is a small number of affected parties, and the transaction costs of bargaining are relatively low.

The Coase Theorem states that under ideal economic conditions, where there is a conflict of property rights, the involved parties can bargain or negotiate terms that will accurately reflect the full costs and underlying values of the property rights at issue, resulting in the most efficient outcome.

In order for this to occur, the conditions conventionally assumed in the analysis of efficient, competitive markets must be in place, particularly the absence of transaction costs. The information must be free, perfect, and symmetrical.

One of the tenets of the Coase Theorem is that bargaining must be costless; if there are costs associated with bargaining, such as those relating to meetings or enforcement, it affects the outcome. Neither party can possess market power relative to the other so that bargaining power between the parties can be equal enough that it does not influence the outcome of the settlement.

Learn more about Coase theorem here: https://brainly.com/question/31571045

#SPJ11

Other Questions
The odometer shows that Darlene rode her bike 8 2/5 miles in 3/4 of an hour. What was her average speed ? The horizon company will invest $96,000 in a temporary project that will generate the following cash inflows for the next three years. use appendix b for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow 1 $ 34,000 2 28,000 3 79,000 The firm will also be required to spend $16,000 to close down the project at the end of the three years. a. compute the net present value if the cost of capital is 11 percent. note: negative amount should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places.Net present value ___b. should the investment be undertaken?- yes- no john and nolan are huge fans of the new york knicks basketball team, whereas brad is a fan of the brooklyn nets. which of the following is john most likely to do? group of answer choices he will favor nolan because nolan belongs to the ingroup. he will favor brad because brad belongs to the outgroup. he will be hostile to brad because of discrimination. he will like nolan and brad equally because of stereotypes. what would have the biggest influence on top management's reaction to a difference between budgeted and actual sales Both experts address the issues of race in addition, like Mandela speech Lincoln speech, specifically addresses the concept ofA.citizens feeling united with their nationB.the rebuilding of a nation after conflictC.war tearing a nation apartD.the valiant people who fought in a war Unfair treatment of others based on their membership in a specific social group is known as __ Write equivalent fractions for 1/5 and 3/4 using 20 as the common denominator. (Dilations MC)Triangle ABC with vertices at A(-1, -1), B(1, 1), C(0, 1) is dilated to create triangle A'B'C' with vertices at A'(-3, -3),B'(3, 3), C'(0, 3). Determine the scale factor used.01O1/203 Two problems with the leadership of the catholic chruch before the reformation PLEASE HELP!How would the graph look? how far should the front of the camera be from her friend?express your answer to two significant figures and include the appropriate units.express your answer to two significant figures and include the appropriate units.-long pinhole camera for a science fair project. she wants to photograph her 160-cm -tall friend and have the image on the film be 5.4 cm high. given: use the following (short) document corpus for the remaining part of the homework. d1 higher term frequenc longer document d2 repeat term give higher term frequenc d3 term frequenc import term document d4 invers document frequenc import term corpu a patient is being treated for full thickness burns of the trunk and arms sustained 24 hours ago. current urine output is 30ml an hour. which of these changes in output should the nurse expect to occur within the next 48 hours. a. an increase in hemoconcentration in the vascular compartment b. a decrease due to fluid retention in the tissue spaces c. an increase due to fluid shift into the vascular compartment d. a decrease due to the sodium and potassium shifting How much ATP is required to transform N2 into ammonia? Which of the following statements about the evolution of anolis lizards in the caribbean islands is true? the genetic relatedness of ecomorphs was determined by comparing their nuclear dna sequences. the phylogeny of ecomorphs on a given island reveals that adaptive radiation has taken place. a crown ecomorph living on one island is always the same species as a crown ecomorph living on a neighboring island. twig ecomorphs can jump very well. A rectangle has a diagonal of 100 feet as shown in the picture below Which of the following lengths could be the base and height of the rectangle?A. Base = 80 feet; Height = 60 feetB. Base = 8 feet; Height = 6 feetC. Base = 50 feet; Height = 50 feetD. Base = 75 feet; Height = 25 feet What do molarity and molality measure and how do the two terms differ? Calculate the net income after 25% income tax. A. $43,675 B. $15,175 C. $65,975 D. $21,375 What is your role, as an Analyst, regarding the SOC 2 auditing report? in 1980, smith and her colleagues did a meta-analysis of the effectiveness of psychotherapy. what did they find?