Answer: Quantity of ice skates demanded will fall
Explanation:
When ice skating becomes less popular, the demand for ice skates in the U.S market will decline. Since, this is a change in preference and not in price of ice skates, the demand curve will shift to the right (Change in demand (shift) not change in quantity demanded(movement along the same demand curve).
So, the demand curve for ice skates will shift to the left leading to a fall in the price of ice skates and the quantity of ice skates demanded.
Quantity of ice skates demanded will fall, but it is due to the leftward shift in the demand curve.
<span>A product used in this way is known as a Benchmark Item.
Benchmark item refers to the type of product that is used as a standard when we want to compare it another similar product.
By seeing the price of Burger in this particular situation, Jason could predict the price of other product that being sold in that place.</span>
There are 4 minimum parts required for a functional virus, namely:
-Virus genome
-Accessory proteins (if a virus immediately requires an enzyme in the new cell)
-Capsid or structural proteins
-Enveloped proteins (if an enveloped virus is to be formed)
Hope my answer helps you.
Answer:
C) The U.S.dollar became a vehicle currency after World War II when all of the world's major currencies were tied indirectly to the dollar because it was the most stable currency.
Explanation:
The option among the given choices that most appropriately defined a vehicle currency is that: The U.S.dollar became a vehicle currency after World War II when all of the world's major currencies were tied indirectly to the dollar because it was the most stable currency.
<u>A vehicle currency is a legal tender that is used as a common denominator and basis for exchange in international transactions</u>
Answer:
b. $27,949
Explanation:
The computation of the present value is presented below
Year Amount DF factor @ 11% Present value
1 $10,000 0.90909 $9,090.91
2 $11,000 0.82645 $9,090.85
3 $13,000 0.75131 $9,767.03
Total $27,948.79