Inflation is the likely outcome of many people attempting to buy a small number of goods.
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Its Inflation Just took the Test
b) E.U. citizens would purchase large amounts of U.S. stock.
c) U.S. citizens would purchase more goods from the E.U. for less money.
d) U.S. citizens would purchase large amounts of E.U. stock.
Which of these statements is true?
a) Inflation means our money has more purchasing power.
b) Inflation happens when there is not enough money.
c) Inflation is due to low production costs.
d) Inflation is problematic if unexpected.
Answer:
1. C) U.S. citizens would purchase more goods from the E.U. for less money.
2. D) Inflation is problematic if unexpected.
Explanation:
Took the test and got them right.
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Answer:
The answer is 6
Explanation:
In her first roller coaster she gets a benefit of 10, Then in her second roller coaster she gets a benefit of 6. Thus, her total benefit is 16. Her marginal benefit of the second roller coaster is the total benefit after the second (16) minus the total benefit after the first (10).
Observation:
The statement is not clear about the second roller coaster, in the sense that is not clear if the second gives her a total utility of 6 (reducing the 10 of the first inf 4 units) or this 6 is a marginal utility/benefit. By the way you put it, I assume it is a marginal benefit of 6. If it is not, the correct answer should be -4, and Sue get a negative marginal benefit from her second roller coaster.
Answer:
The correct word for the blank space is: geographic; behavioristic.
Explanation:
Alps Ski Co. offers its product in two ways: traditional brick-and-mortar physical stores and in printed catalogs. As the company is looking for new markets, it would be convenient to prioritize the geographic location of the new physical stores to determine where they are more likely to be successful and where the sales could be higher. For the printed catalogs, the geographic location for the distribution is important but it is better to prioritize consumer behavior to find out if in certain areas people prefer to take a look at what the store has available on a catalog rather than going directly to the store to make the purchase.
Answer:
d) Better expectations of future resource value.
Explanation:
Better expectations of future resource value involves competitive advantage that is attributed to intangible resource and future planning. It is a future expectation a business has about market dynamics that will bring future profits.
Brown Foods Inc anticipated that the prices of cocoa beans would double in less than three years, and they planned towards that expectation by buying cocoa plantations in Ghana. This eventually paid off and enabled the company survive in turbulent times.