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iVinArrow [24]
2 years ago
13

Kari is on a trip to italy. she has made a list of cities she would like to tour while she is there, as well as how much she exp

ects it will cost her (between transportation, admission, souvenirs, and so on) to see each one. the prices are listed in either us dollars ($) or euros (€). kari has a budget of $585 set aside for sightseeing. item cost currency tour of the vatican 68.77 € tour of rome 95.41 € tour of naples 71.06 $ tour of venice 113.38 $ tour of milan 49.69 € she would also like to tour genoa as well, which would cost her €60.85. if the conversion rate of us dollars to euros at the time of kari’s visit is 1:0.6859, how will this affect her budget? round all dollar values to the nearest cent. a. kari can see genoa and have $60.33 left in her budget. b. kari can see genoa and have $41.38 left in her budget. c. kari has almost exactly enough left in her budget to see genoa. d. kari cannot afford to see genoa, because it would put her $84.48 over budget.
Business
1 answer:
stealth61 [152]2 years ago
4 0

Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.

<h3>Which city should Kari see?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.

  • The first step is to convert the amount budgeted to Euros: 585 x 0.6859 =  401.25
  • Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
  • Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
  • Total cost of the sightseeing =  £48.74 + £77.77 + £68.77+ £95.41 + £49.69  + £60.85 = £401.25

To learn more about exchange rate, please check: brainly.com/question/13717814

#SPJ4

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icang [17]

Answer:

a. Demand will increase.

b. Demand will increase.

c. Demand will increase.  

d. Demand will decline.

e. Demand will increase.

Explanation:

a. If small automobiles become more fashionable, people will prefer them more. This will lead to an increase in demand for autos.  

b. If there is an increase in the price of large automobiles and the price of the small automobiles remain the same, people will prefer the cheaper substitutes. This will cause the demand for small automobiles to increase.  

c. Inferior goods have a negative income effect. SO, when income declines the demand for small autos will increase and vice versa.  

d. If consumers expect the price of small autos to fall in the near future, they will hold their money to buy autos when their price fall. This will cause the current demand to fall.  

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8 0
3 years ago
Read 2 more answers
A company issued a 20-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of interes
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Answer: $828

Explanation:

Given the following :

Semi-annual payment = $40

Period = 20 years

Number of payments = (20 * 2)(semiannual) = 40 payments

Par value = $1000

Interest rate = 5%

Using the PV table:

PV at $1 (40, 5%) = 0.1420

PVA at $1 (40, 5%) = 17.159

[Par value * PV at $1 (40, 5%)] + [$40 * PVA at $1 (40, 5%)]

= ($1000 * 0.1420) + ($40 * 17.159)

= $142 + $686.36

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3 years ago
Whenever the production of a good creates negative externalities, an unregulated market will result in:
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Answer:

Option (C) is correct.

Explanation:

In an unregulated market, negative externality results in a higher social marginal cost than the firm marginal cost because this market is not properly regulated by the government officials. Hence, these firms are not taking into account the effect of negative externalities in their cost.

We know that the consumer's decision is more offenly based on the point where the marginal cost is equal to the marginal benefit because they are not taking the impact of negative externalities.

If proper action is not taken by the government, negative externality will result in a market inefficiencies.

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3 years ago
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Answer:

Cash A/C            Debit                    $300

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Explanation:

Cash A/C            Debit                    $300

  To James company                                  $300

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