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zaharov [31]
3 years ago
7

Accountants refer to an economic event as a

Business
1 answer:
azamat3 years ago
4 0

Answer:

the correct answer is D

Explanation:

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You might be interested in
A) You observe the following exchange rates in the market.
blagie [28]

Answer: i. €0.11

ii. €1.08

Explanation:

i. If we get 1 krona for every $0.13 then how many krona do we get per dollar?

= 1/0.13

= 7.69 Krona is to $1

If $1 is 7.69 Krona and $1 is also €0.85 then that means that,

€ 0.85 = 7.69 Krona

So for each Krona exchanged, we get how many Euro,

= 0.85/7.69

= 0.11

For each Krona exchanged, we get €0.11

ii. Following the example of the first question,

if £1 is to $1.12 then how many pounds are a dollar?

= 1/1.12

= 0.89

£0.89 is equal to a dollar.

if €1 is to $1.04 then how many euros are a dollar?

= 1/1.04

= 0.96

€0.96 are equal to a dollar.

This means that,

£0.89 = €0.96

So for every British Pound exchanged we get how many Euros?

= 0.96/0.89

= 1.078

= €1.08

For every British pound Exchanged, we get €1.08

6 0
3 years ago
A senior licensed professional engineer with 30 years of experience in geotechnical engineering is placed in charge of a multidi
yKpoI14uk [10]
This arrangement is ethical as long as the engineer signs and seals each design segment only after it has been reviewed by an independent consulting engineer who specializes in the field which it pertains.<span> If what she was dealing is not her field of expertise, she needs to have the aid of independent engineer who can verify the work passed to her before she signs the design segment.</span>
5 0
3 years ago
Suppose that the USA can make 15,000,000 cars or 20,000,000 bottles of wine with one year's worth of labor. France can make 10,0
Artemon [7]

Answer: The answer is as follows:

Explanation:

From these numbers, we can conclude that USA has a comparative in producing cars and France has a comparative advantage in producing bottles.

Opportunity cost shows that how many units of one good have to be foregone in order to produce one additional unit of other good.

In USA:

Opportunity cost of producing bottles = \frac{15000000}{20000000}

= 0.75

Opportunity cost of producing cars = \frac{20000000}{15000000}

= 1.33

In France:

Opportunity cost of producing bottles = \frac{10000000}{18000000}

= 0.55

Opportunity cost of producing cars = \frac{18000000}{10000000}

= 1.8

Above calculations clearly shows that USA has a lower opportunity in producing 1 unit of car as compared to the France, so it has a comparative advantage in producing cars.

Whereas, France has a lower opportunity in producing 1 unit of bottle as compared to the USA, so it has a comparative advantage in producing Bottles.

5 0
3 years ago
Total (10 marks) QUESTION TWO Amani Ltd. Manufacturers a single product. Currently, the company has eight employees who produce
rewona [7]
Since the unsigned is 3000 it’s
5 0
2 years ago
An unstable government is one that __________.
taurus [48]

Answer:

C

Explanation:

An unstable government is one that changes hand frequently.

<u>When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another. </u>

<em>An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.</em>

Correct option: C

5 0
3 years ago
Read 2 more answers
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