An issue disturbing the continuation of an activity
Answer:
The importer accepts this price, so his bank will <u>debit</u> the importer's account in the amount of <u>$500000</u>
Explanation:
Debiting an account removes money from the account. Crediting an account adds money to the account.
The bank will therefore <em>debit</em> his account because the money will be taken out and paid to the exporter.
The amount that the importer pays in dollars can easily be calculate as:
€512,100 / €1.0242 = $500000
Answer:
The correct words for the blank spaces are: lowering; more.
Explanation:
In case firms have an excess of supply, they will rather sell their products at a lower price than keeping them stored for loss. According to the supply and demand theory, <em>if the prices decrease, so will the quantity supplied but the quantity demanded will rise</em>.
Answer:
The answer is A. Yes, Cindy should hire 12th worker.
Explanation:
Please see the below for detailed calculations and explanations:
By increasing one employees, Cindy's cupcakes shop marginal cost per day will increase by the amount equals to the salary and benefit of the 12th in one day which is: $100;
The benefits brought back to Cindy's shop is the increase in marginal revenue of $150 ( calculated as $2,750 - $2,600).
As marginal revenue is higher than marginal cost in case the 12th employees is hired, Cindy should hire one more employees as it will increase her total profit at the end of the day by $50 ( i.e Marginal revenue - Marginal cost = 150 - 100 =$50).
Answer:
The correct answer is letter "A": Vacant.
Explanation:
Vacant homes are properties empty, meaning without personal belongings inside. <em>Insurance companies</em> offer policies under this scenario overall during the period when the owner is <em>renting or selling the property, will travel, is on vacation, receiving medical treatment </em>or <em>renovating part of the property</em>.