Answer:
Option "B" is the correct answer to the following statement.
Explanation:
Given:
Exchange rate of 1 Baht= $0.022
Expected inflation in united states (Assume) = 3% = 0.03
Expected inflation in Thailand (Assume) = 10% = 0.10
Computation:
After 1 year rate of 1 Baht in Dollar
The price in US = 1 × (1+0.03) = $1.03
The price in Thailand = 1 × (1+0.10) = 1.10 baht
1 baht = 1.03×0.022÷1.1 = $0.0206
Therefore, 1 baht = $0.21 (approx)
D is the correct answer according to AREA Alabama Electric Co-ops
Answer:
<em><u>Elasticity is an important economic measure, particularly for the sellers of goods or services, because it indicates how much of a good or service buyers consume when the price changes. When a product is elastic, a change in price quickly results in a change in the quantity demanded.</u></em><em><u>The concept of elasticity for demand is of great importance for determining prices of various factors of production. Factors of production are paid according to their elasticity of demand. In other words, if the demand of a factor is inelastic, its price will be high and if it is elastic, its price will be low.</u></em>
Explanation:
hope it helped you...mate!
Answer:
insurance company will pay $75 to Alfred.
Explanation:
given data
Actual cost of camera = $200
Alfred cost of camera = $150
Life expectancy = 6 years
solution
we get here first Remain life of camera that is
Remain life of camera = 6 years - 3 years
Remain life of camera = 3 years
and
now we get here current cost of the camera that is
current cost of camera = Alfred cost of camera × (Remain life of camera ÷ Life expectancy) ........................1
put here value and we get
Current cost of camera = $150 × 
Current cost of camera = $75
so that insurance company will pay $75 to Alfred.
It will take 5.7 hrs to produce the sixth unit.
Tn=T1(n^b)
Tn: Time required to complete the nth task
b = ln( r)/ln(2)
r=learning rate %
T1=12 hrs
r=80%
n=16
b=ln(0.8)/ln(2)
b= -0.32193
Tn=12*(16^-0.32193)
4.9152
Greater than 4hrs but less than or equal to 5.7 hrs
Agricultural products are a general term for many crops, including fruits and vegetables. More specifically, the term produce often means that the produce is fresh and generally in the same condition as when it was harvested. Causes; Cause: Vapor generation.
To bring to life through intellectual or creative ability: to produce great paintings. To make or manufacture: to manufacture automobiles for export.
The products are agricultural products, especially fruits and vegetables. An example of a product is a carrot. Production is defined as created or coming into existence. An example of a product is painting a work of art.
Learn more about produce here:brainly.com/question/16755022
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