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2 years ago

What American business had a monopoly on the fur trade in the Far West?

1 answer:

7 0

C. John Jacob Astor.

The American business that had a monopoly on the fur trade in the far west was founded by John Jacob Astor.

The business was called American Fur Company. Since it was founded, the company grew to monopolize the fur trade in the United States by 1830. It became one of the largest and wealthiest businesses in the United States.

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This graph shows the market for pollution when permits are issued to firms and traded in the marketplace. The equilibrium number

DiKsa [7]

Please attach the graph if you can. Otherwise, I cannot answer this question

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2 years ago

7. Problems and Applications Q7 A dozen eggs cost $0.96 in December 2000 and $2.75 in December 2015. The average wage for worker

fredd [130]

Answer: 187%

Explanation:

The percentage increase in the price of dozen egg would be:

= ( 2.75-0.96) × 100/ 0.96

= 1.79 × 100 / 0.96

= 186.45%

The percent increase in the price of dozen egg = 187%

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2 years ago

The market used to calculate the CPI is 3 units of pork and 4 unit of corn. In 2005, pork cost $20 per pound and corn cost $12 p

Ede4ka [16]

Answer:

<em>The answer will be 136.11 </em>

Explanation:

Because since the cost of the basket in 2005 is = (3x20) + (4 x 12) = 108; And the cost of basket in 2006 is = (3x25) + (4 x 18) = 147

To calculate the CPI,

<em>Put a sampling of product prices from a previous year. </em>
<em>Then, put the current prices of the same items together. </em>
<em>Divide the current total prices by the old prices and then subtract the sum by 100.</em>

The Consumer Price Index (CPI) for 2006 = <em>(147/108) x 100 = 136.11</em>

7 0

2 years ago

Which of the following is true of investors using options to manage risk? A. Investors can hedge against a price decline by buy

Virty [35]

Answer:

A. Investors can hedge against a price decline by buying a call option.

Explanation: Investment risk can be defined as the probability or likelihood of occurrence of losses relative to the expected return on any particular investment.

Buying a call option entitles the buyer of the option the right to purchase the underlying futures contract at the strike price any time before the contract expires. Most traders buy call options because they believe a commodity market is going to move higher and they want to profit from that move.

A call option is a contract the gives an investor the right, but not the obligation, to buy a certain amount of shares of a security at a specified price at a later time.

3 0

3 years ago

The dollar is said to appreciate against the euro if the exchange rate falls. choose one:

alexgriva [62]

For equipment purchased from the United States, European businesses will pay less in euros.

<h3>What would happen if the US dollar increased in value relative to the euro?</h3>

The dollar now "buys" more euros if the exchange rate between the two currencies rises to $1 for 0.94€. As a result, purchasing European items is now more affordable. As U.S.-made goods are now more expensive, U.S. exports would decrease while imports from nations that use the euro would increase.

<h3>What causes the value of the US dollar to rise?</h3>

An increase in the value of one currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, interest rates, trade balances, and business cycles, currencies appreciate against one another.

learn more about dollar is said to appreciate against the euro here brainly.com/question/13825174

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4 0

1 year ago