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nasty-shy [4]
4 years ago
8

Although other countries are finding non-traditional oil reserves and establishing methods of extraction to retrieve them, who i

s still the king in proven oil reserves?
Business
1 answer:
EleoNora [17]4 years ago
8 0
I think the correct answer would be Saudi Arabia. Though, a lot of countries are trying to find for alternative oil reserves and research on different extraction methods it is still the said country who supply a large amount of oil in many countries. Hope this helps.
You might be interested in
g Molly is not married and has no children. She executes a will, disposing of her estate to her sister Nina. Later, Molly marrie
IrinaVladis [17]

Based on the terms of the will, based on molly's estate, Owen is entitled to no part of her estate because the estate was already willed to her sister Nina.

According to the given question, we can see that Molly who was unmarried at the time of making her will, willed her estate to her sister and later got married to Owen and she died <em>without making changes</em> to her will.

The outcome is very clear as Owen is not entitled to anything, unless he is given by Nina, although he can contest the will in court, but Nina has the upper hand because <em>legally she has the estate.</em>

Read more about wills here:

brainly.com/question/25694947

6 0
3 years ago
Molly still has a $2500 down payment. How much loan does Molly need?
deff fn [24]

Answer:

remember that molly has a $2500 down payment saved for this purchase the dealer will take $500 cash allowance straight off her total how much does molly need

Explanation:

Molly needs = Down payment + Cash Allowance

=\$2500+\$500=$2500+$500

Molly Needs= \$3,000.=$3,000.

7 0
3 years ago
The price elasticity of demand for senior citizens purchasing coffee from McDonald's is −5, while non-senior citizens have a pri
alekssr [168]

Answer:

$0.10 and $0.02. is correct answer

Explanation:

Given:

Elasticity = - 5

Demand = -1.25

Computation:

-e = p / [p-mc]

5 = p / [p-0.02]

5p - 0.1 = p

p = 0.025

for new senior citizen;

1.25 = p / [p-0.02]

p = 0.1

So,

$0.10 and $0.02. is correct answer

8 0
3 years ago
U.S. Interest Rates during the Credit Crisis During the credit crisis, U.S. interest rates were extremely low, which enabled bus
Elan Coil [88]

Answer:

The insufficient expected low cash flows from investment caused by low demand for goods and services by the household.

Explanation:

A recession refers to contraction of the business cycle when economic activity fall generally.

In order to get out of recession, governments usually employ macroeconomic policies like increasing government expenditure, reducing taxation, and increasing money supply.  When the money supply  is increased, it leads to fall in the interest rate.

Interest rate is a cost of investment; and it is expected that investment will rise when the interest rate falls. However, this was not so during the US credit crisis despite that U.S. interest rates were extremely low majorly due to low demand.

During the credit crisis, there was a general low demand for goods and services by the household. This made businesses to be discouraged from investing in new projects, because it was expected that low demand will lead low cash flows from the investment.

The insufficient expected low cash flows was therefore the major factor that discouraged businesses to borrow cheap funds that were allowed by the extremely low interest rate.

I wish you the best.

7 0
4 years ago
Ranier Outdoor Clothing managers engage in an annual organizational assessment, trying to predict industry changes as well as po
Free_Kalibri [48]

Answer: Environmental scanning

Explanation: In simple words, environmental scanning refers to the study of events that affects the operations of the business and relate them with the internal and external environment in which the firm operates.

In the given case, the managers of the company are trying to predict the changes in the industry by looking at the trends of their competitors.

Hence from the above we can conclude that this assessment is environmental scanning.

5 0
4 years ago
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