U.S. President Donald Trump checked one more item on his “To Undo” list of Obama administration actions last Friday when he reset the U.S. policy on Cuba. While the new policy restricts individual tourist travel and business investment in more than half of Cuban industry, it retains many smaller features like permitting family-related travel and professional/academic visits to the country. Among the immediate casualties will be a burgeoning tourism and hospitality industry that sprung up in Cuba after Barack Obama’s friendly overtures began two years ago.
Explanation:
Answer:
A. 300
Explanation:
Market value is simply the market capitalization of a publicly traded company. Formula for calculating,
Market Value = no. of produced goods × average price.
Given that
No. of chocolate solid bunnies produced = 30
Average price of chocolate solid bunnies = $10
Therefore,
Market value = 30 × 10
= $300.
Answer:
Rental prices to be increasing until shortage is eliminated
Explanation:
If there is a shortage in the rental market, it means that quantity supply has reduced. This would lead to an excess of demand over supply which is known as a shortage. When there's a shortage, prices rise until the shortage ceases.
Answer:
E. None of the above
Explanation:
because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased
.
Therefore, we cannot conclude on anything.
Answer:A product that is not an object or something that is owned is called a non-economic good.
Explanation:
A product that is not an object or something that is owned is called a non-economic good.
