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.
Answer:
Cost of goods sold= $510
Explanation:
Giving the following information:
King Costume started the month with 8 masks in its beginning inventory that cost $10 each. During the month, King Costume purchased 40 additional masks for $12 each. At the end of the month, King counted its inventory and found that 5 masks remained unsold.
Units sold= 8 + 40 - 5= 43
LIFO (last-in, first-out)
Cost of goods sold= 40*12 + 3*10= $510
Answer:
The economic growth will be lower.
Explanation:
The rise in pollution and the doubling of the rate of depreciation will affect economic growth adversely. However, rapid wear and tear of capital will cost the person and it will reduce the purchasing power. Thus, lower purchasing power will result in lower economic growth. Moreover, pollution creates three main problems that are reduced labor productivity, rise in health problems, and loss of crop yield. So the reduction in all these factors will also slow down economic growth.
