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maks197457 [2]
3 years ago
13

Economic growth in China has led to more Chinese people owning cars, which: increased demand for oil but decreased supply, causi

ng oil prices to increase rapidly. increased demand and supply of oil, causing oil prices to increase rapidly. increased demand for oil, causing oil prices to rise. decreased demand for oil, causing oil prices to rise.
Business
1 answer:
lisov135 [29]3 years ago
7 0

Economic growth in China has led to more Chinese people owning cars, which "increased demand for oil, causing oil prices to rise".

<u>Answer:</u> Option C

<u>Explanation:</u>

Economic growth resulted from efforts made by Chinese population, imports and exports, tax collection etc, which allow people to invest more in buying new goods and services. Here for example if the market of car is increasing on development of economy than oil demand will increase, and after sometime it may lead to oil crisis. It is the common understanding in economy that the thing which become more in market demand, will always face crisis within completion of one cycle.

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Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes
Mariulka [41]

The value that would be assigned to this house if you decide to use it as your office would be $ 425300

<h3>How to solve for the value of the house using opportunity cost</h3>

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

The apprised value = $439,500.

selling cost =  $14,200

$439,500 - $14,200

= $ 425300

Hence the value that should be assigned to it is $ 425300

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3 0
2 years ago
Why is cooperative skill important in good trade? give the reasons..​
klio [65]

Answer:

Team cooperation encourages employees to work together for the benefit of the organization. It reduces the desire of employees to complete against each other,which often never good for the business,and instead focus on working together to achieve a common goal.

3 0
2 years ago
Another way to achieve the same goals as minimum wage and rent control (without keeping markets from reaching equilibrium levels
LekaFEV [45]
A.) personal income
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8 0
3 years ago
Read 2 more answers
Data for 2021 were as follows: PBO, January 1, $243,000 and December 31, $278,000; pension plan assets (fair value) January 1, $
tester [92]

Answer:

$45,000

Explanation:

Computation for the projected benefit obligation

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Funded status($45,000)

Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000

7 0
3 years ago
In your opinion, is management still relevant as a course of study today? Explain using relevant examples.
alina1380 [7]

Yes, "management" is still relevant as a course of study today.

Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.

  • <em>Business Administration</em>, <em>Business Management, Management Studies, Commerce, Hospital Management, Hospitality Management </em>are examples course that falls under the umbrella of Management

  • Auditors, Accountants, Revenue officers are examples employee who learnt the management course.

In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.

Learn more about this here

<em>brainly.com/question/24227339</em>

7 0
3 years ago
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