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4 years ago

How does el nino affect the economies of ecuador and peru?

Business

1 answer:

svp [43]4 years ago

4 0

Answer: El Niño damages the economics of both Ecuador and Peru.

Explanation: El Niño creates an economic problem for both Ecuador and Peru. When the El Niño comes in to this area it warms the temperature of the ocean water. This warmer water results in fewer fish being caught, which has a direct impact on the economy.

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Three years ago, you invested $3,350.00. Today, it is worth $4,100.00. What rate of interest did you earn

Anastasy [175]

Answer:

6.97%

Explanation:

the formula to be used is

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

$4,100.00 = $3,350.00 x ( 1 + r)^3

divide both sides of the equation by $3,350.00

$4,100.00 / $3,350.00 = ( 1 + r)^3

1.223881 = ( 1 + r)^3

find the cube root of both sides

1.069661 = 1 + r

r = 6.97%

7 0

3 years ago

A firm has three different production facilities, all of which produce the same product. While reviewing the firm's cost data

kakasveta [241]

Answer:

Joshua statement is correct.

Explanation:

Marginal cost:

Is the cost of producing a new unit.

Average Cost:

$\frac{Fixed Cost + Variable Cost}{UnitsProduced} = $Average Cost$

$\frac{Fixed Cost}{UnitsProduced} + $Variable Cost Per Unit= Average Cost$

If the marginal cost of this plant is lower than their other plants, it can decrease his average cost by increasing the amount produced.

This increase in production decrease the impact of the fixed cost in the unit price. At more production the average cost will decrease. Because the variable cost keeps at the same value but the fixed cost per unit decrease.

3 0

3 years ago

Give the meaning and nature of Foreign direct Investmen.

Inessa [10]

Answer:

foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. ... However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies

6 0

3 years ago

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

3 years ago

When a preschooler begins showing fear of new situations ,you'll recognize that the child

Tasya [4]

They being to fear things that could happen in real life.

6 0

3 years ago

Read 2 more answers