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aleksley [76]
3 years ago
14

According to The Economist​, in early 2004 the average price of a tall​ latté in Starbucks in the United States was​ $2.80. In t

he countries that use the​ euro, the average price was 2.93 euros. Because the exchange rate at this time was 0.79 euro per​ dollar, the dollar price of​ lattés in the euro area was​ $3.70.At what exchange rate between the dollar and the euro would a latté cost the same in the euro area as it did in the United States?
Social Studies
1 answer:
Setler79 [48]3 years ago
5 0

Answer:

  • <em>At an exchange rate of 1.05 euro per dollar the cost of a latté would be the same in the euro area as it did in the United States.</em>

<em></em>

Explanation:

The contidion is that the two prices are equal:

  • <em>exchange rate </em>× $2.8 = Euros 2.93

Solve for the <em>exchange rate</em>:

  • <em>exchange rate</em> = Euros2.93/$2.80 = Euro 1.05/$

Thus, at an<em> exchange rate</em> of 1.05 euro per dollar <em>the cost of a latté would be the same in the euro area as it did in the United States.</em>

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First of all, a <em>supply curve</em> is a chart in Economy that shows us the relation between Price and Quantity of a certain good or service. Several factors may cause this curve to shift to the left or right, e.g.: An increase of customers' purchase power, the decrease of the need for a certain product by the population, and so on...

a. Resource prices rise is another example, and would cause the supply curve to shift to the left. As with it, the final price of the products that depend on this given resource for their production, would rise, hence causing their buyers to purchase fewer quantities of them.

b. If a quota is placed on a good, it would also cause this good's final price to rise, hence causing the consumers to buy less, hence shifting the curve to the left as well.

<em>Note: </em>Of course, these are assuming that the goods in question are <em>non-essential </em>goods. That is, people may choose to buy less of them. In case of essential goods (like toilet paper, or electric power for example), people would still consume it regardless of changes in price! And in that case, the curve would stay still, or even shift slightly to the right, upon a price rise.

8 0
2 years ago
A military group that rules another country by force is
Lyrx [107]

Answer:

it's C. a junta

Explanation:

7 0
3 years ago
Ways human trafficking can be eradicated or pls list and explain the objectives of Mass media
Andru [333]

Answer:

First question;

Learn the indicators of human trafficking

Volunteer and support anti-trafficking efforts in your community.

Be well-informed.

Use your social media platforms to raise awareness about human trafficking, using the following hashtags: #endtrafficking, #freedomfirst.

Provide jobs, internships, skills training, and other opportunities to trafficking survivors.

Second question;

First and foremost mass media’s principal objective is to Inform the masses and this will built a public opinion, the government uses the media to inform people of recalls, or educate and bring awareness to people on new laws and policies.

Advertising agency and firms Public Relations or Marketing Firms use mass media to Persuade the masses with commercials so people can buy products, brands, and/or services.

Some News on social media and others news sources are propaganda and fake news. Use to confuse and separate people, purposely.

Entertainment we watch is mass media on the Television, on the Internet and in Magazines.

Objectives for diplomatic purposes and saving people like an SOS and for archiving history and creating and preserving historical data and educating the masses about great historic people of the past.

Mass media creates Linkages and Social Constructs, all media creates reality

Explanation:

Pls mark as brainliest answer

7 0
3 years ago
According to sociologists Joe Feagin and Robert Parker, __________is the utility of space, land, and buildings for everyday life
babymother [125]

Answer:

Use value.

Explanation:

According to sociologists, Joe Feagin and Robert Parker (1990), use value is the utility of space, land, and buildings for everyday life, family life, and neighborhood life.

These notable sociologists posits that in political economy models of urban growth, there are two main features;

1. Urban growth pattern is affected by economic and political factors, which eventually cause urban growth to decline: this factors include workers, land, capital investments, government policies, property rights etc.

2. Urban space comprises of both exchange and use value: this ultimately implies that land has purposes with respect to the choice made by various individuals in the low or middle classes in a society. They argued, use value of land is to make profit and not necessarily to add value or benefit the society.

6 0
3 years ago
June participates in a research study. When she arrives at the room, the experimenter treats her poorly. Her questions are ignor
Zolol [24]

Answer:June will think the temperature in the laboratory was colder than Steve.

Explanation:The embodiment cognition theory suggests that the we make use of our own bodily experiences and processes to explain our emotional experience or processes.

JUNE WILL THINK THE TEMPERATURE OF THE LAB WAS COLDER THAN THAT OF THE BODY OF STEVE DUE TO THE WAY THE PROCESSES AND EXPERIENCE JUNE OBSERVES IN STEVE AS SHE ENTERS THE LAB.

the experimental ignored June because she does not have any processes or experiences taking place within her to suggest she needs special attention.

6 0
3 years ago
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