The answer is Residential rental property
Answer: pegged exchange rate
Explanation:
A pegged exchange rate also referred to as the fixed exchange rate, sometimes is an exchange rate regime type whereby the value of a currency is fixed by the monetary authority of a particular country against the value of the currency of another country.
This is the type of exchange rate used by the Chinese government in the question above.
Answer:
B, False
Explanation:
A centralized organization can be defined as a decision-making process in which decisions are made and handled by the top executives of the organization.
This means that only employees in the highest of hierarchy in an organization are involved in the decision-making process rather than every employee in the organization. Decisions made by the top executives are to be followed by the other employees in the organization.
Cheers.
Answer:
More than $40, as the marginal benefit will exceed the marginal cost.
Explanation:
A firm should continue to produce a good or service, to hire an additional worker, and to engage in any type of economic activity as long as the marginal benefit is higher than the marginal cost.
In this case, operating one room for the night costs $40. That is the marginal cost. What the customer pays for renting the room for the night is the marginal cost. Therefore, as long as the customer pays more than $40 for the night, the hotel should rent out the room, because the marginal benefit is higher than the marginal cost.
Answer:
C) loyalty to the brand
Explanation:
Brand loyalty refers to a customer's personal attachment to a brand, e.g. some people really like certain car brands and to them, they are the best cars in the world, and no one should dare say the opposite in front of them.
Lowest end models generally attract younger buyers, and if they develop brand loyalty, they will keep buying the same brand over and over again. Their future cars will generally be larger and more expensive ones also.
This is one of the reasons why Cadillac's sales are continuously falling, since for decades they only focused on elder and wealthier customers, who are really old now.
