Answer:
<h2>The answer would be option be option B. or An increase in hotel taxes at popular resorts.</h2>
Explanation:
- If everything else remains constant,a fall or decrease in oil prices will be a good news for most of the households and they will set out for vacation travel.
- Now,if suddenly the tax rates charged by popular hotels or resorts increase simultaneously or following the decrease in oil prices,it will increase the aggregate hotel or resort charges for the families and households or even for any individual traveler.
- Hence,an increase in hotel or resort taxes would discourage the individuals and households to undertake any current or future travel plans and therefore,offset the initial vacation plans that primarily resulted from cheaper gasoline or oil prices.
I’m guessing the answer is D
Answer:
d. the U.S. price level and real GDP to rise.
Explanation:
Economic expansion refer to the expansion that has rise in the economic activity and goods availability. In this period, the real GDP is also increased
So as per the given situation since there is an economic expansion in Europe and the China so here the level price of the united states and read GDP would rised
therefore the option d is correct
Introducing newly developed products or services to a market segment the company is not currently serving is called market penetration.
<h3>What is market penetration?</h3>
This is the term that tells us the extent to which the given users or the people in a population would recognize a particular product and also buy that particular product. This tells us the way that the people are able to buy the goods in the market.
Hence we can say that Introducing newly developed products or services to a market segment the company is not currently serving is called market penetration.
Read more on market penetration here: brainly.com/question/1172265
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Answer:
The average cost of production will fall by $0.05 per unit, from $30.23 to $30.18
Explanation:
The marginal cost is the cost of producing an additional unit.
The marginal cost of 15th unit is $29.5 which means it will cost $29.5 to produce the 15th unit.
If the average cost per unit for the 14 units is 30.23, then total cost of producing these 14 units will b, 30.23 * 14 = $423.22
The total cost of producing 15 units will b, 423.22 + 29.5 = $452.72
The new average cost at production of 15 units is, 452.72 / 15 = $30.18
Thus, as a result of adding the 15th unit, the average cost per unit fell by $0.05 from $30.23 to $30.18