That statement is False.
One-season operation requires a lot Fixed-assets that woud be a waste if simply un-used for other seasons.
The only destinations that could operate one-season operation are the ones that popular enough and could attract a lot of consumers or the ones that injected by a huge amount of capital
Answer:
For chain stores, prices are uniform in all branches while for departmental stores, each department sets its own price. Chain stores sell similar goods while departmental stores deal with different line of goods.
Explanation:
Answer:
If property rights are not well enforced, all of the following are likely to occur except;_________
A. a significant number of people will be willing to risk their funds by investing them in local businesses.
Explanation:
Other options are likely to occur, except option A. Investors cannot risk their capital investing in the local economy. This is the fate of an economy where property rights are not protected. This also underlines the need for each government to ensure that property rights are recognized and legally protected.
This is false. When inflation happens, prices go up in the economy.
This graph is indicating a fixed exchange rate that prevents the foreign exchange rate from moving outside of the upper and lower limits.
Answer: Option D.
<u>Explanation:</u>
A fixed exchange rate, now and again called a pegged exchange rate, is a kind of swapping scale system in which a cash's worth is fixed or pegged by a money related authority against the estimation of another money, a container of different monetary forms, or another proportion of significant worth, for example, gold.
In this case, the exchange rate is fixed because the limits are fixed in this case.
