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MariettaO [177]
2 years ago
15

In supporting their local economic base, cities may at times incur expenses from doing business with entities located outside of

their local community (e.g., in cities with high tourist activity, souvenirs are likely to come from low-wage countries). These expenses are an example of ______ from the local economy.
Business
1 answer:
evablogger [386]2 years ago
3 0

When cities incur expenses by doing business with entities outside of their economic base, these are called <u>Leakages</u>.

<h3>What are leakages?</h3>

These refer to the flow of cash and resources out of a local economy to other economies.

When cities engage in business with entities from outside their economy, they would be passing on cash to those entities. This cash would therefore leave the local economy which makes it a leakage.

Find out more on leakages at brainly.com/question/10344288.

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What happens at oceanic-continental convergent boundaries
anzhelika [568]

Answer:

The first type of convergent boundary is Oceanic-Continetal Convergence. This type of convergent boundary happens where an oceanic plate and a continental plate push together causing the oceanic plate to be forced under the continental plate into the mantle because the oceanic plate is thinner. This is called a subduction.

Explanation:

4 0
3 years ago
Northwest Fur Co. started the year with $92,000 of merchandise inventory on hand. During the year, $425,000 in merchandise was p
Artyom0805 [142]

Answer:

$ 142,800.00  

Explanation:

The ending inventory can be computed by rearranging the cost of goods sold formula:

cost of goods sold=Beginning inventory+net purchases-ending inventory

ending inventory=beginning inventory+net purchases-cost of goods sold

beginning inventory is $92,000

Net purchases=purchases-discount+freight-in charges-purchase return

net purchases=$425,000-($425,000*1%)+$7000-($5000*99%)=$422,800.00  

cost of goods sold is $372,000

ending inventory=$92,000+$422,800-$372,000=$ 142,800.00  

8 0
3 years ago
Suppose that in a month the price of movie rentals decreases from​ $3.25 to​ $3. At the same​ time, the quantity of movie rental
Sergeeva-Olga [200]

Answer:

The correct answer is option a.

Explanation:

The initial price of movie rentals is $3.25.

The initial quantity is 100.

The price falls to $3.

This causes demand to rise to 120.

The price elasticity of demand a ratio of change in quantity demanded to change in price level.

The elasticity is calculated at -2.25, through the process given in images.

The price elasticity of demand here is greater than 1 which means it is elastic.

So, option a is the correct answer.

4 0
3 years ago
After all of the account balances have been extended to the Income Statement columns of the work sheet, the totals of the Debit
vampirchik [111]
12.393 is the answer in decimal?
5 0
3 years ago
Records show that 5% of all college students are foreign students who also smoke. it is also known that 50% of all foreign colle
miskamm [114]
<span>10% Simplest way to solve this problem is realizing that if 50% of all foreign students smoke, then that also means that 50% of all foreign students don't smoke (100% - 50% = 50%). So for every smoking foreign student you see, there's a non-smoking foreign student. So just double the number of smoking foreign students to get the total number foreign students. So 5% * 2 = 10%</span>
4 0
3 years ago
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