Answer:
<em>Bankruptcy</em><em> </em><em>should</em><em> </em><em>be </em><em>only</em><em> </em><em>used </em><em>as </em><em>a </em><em>last </em><em>resort</em><em>.</em>
Less than a pound.
First, we should have an understanding that so many factors affect the exchange rate, factors such as political instability, inflation rate, speculations, Governments debt etc. Based on this fact, there is always fluctuation with the exchange rate. However as of today 31/01/2019, If you lived in Great Britain and wanted to buy one euro, it will cost you £0.87 to buy €1
Answer:
A. inelastic
Explanation:
Inelastic demand is when people buy about same amount whether price drops or rises.
Even with the higher changes in the prices in the cinema, there is not considerable impact on Movie going audience. Also, addition to it, people go to cinemas at evening and weekend shows more than daytime shows or weekday shows even the tickets have price higher.
<u>This shows that the inelastic nature of movie ticket demand.</u>
Answer:
a. Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets.
Explanation:
According to the infant-industry theory, new industries in emerging and developing economies need protection for unfair competition from industries in advanced economies. The new industries need time to grow and develop economies of scale that can match those from more developed economies.
Economists describe infant industries as those in their early stages of development and, as such, cannot compete favorably with established rivals. Proponents of Infant-economies protection argue that infant industries need protection from international competitors capable of flooding domestic markets with cheaper goods. Protection assist infant industries to mature and develop economies of scale.
W3c which stands for (<span>The World Wide Web Consortium ) </span>developed a certain standard that could be used if we wanted to create a website. Without w3c, we will not get the information needed on how to ensure the long-term growth of the web, and the web will most likely to face several technical issues that drive visitors away.