Answer
The answer and procedures of the exercise are attached in the following archives.
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<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
there is an interdependency of oligopolistic decisions on each other.
Explanation:
In an oligopolistic industry, firms have a sizable portion of the markets. This means that when an oligopolistic firm in the industry changes its price or changes its market strategy, it will most likely have effects on the other firms in that industry.
Cheers.
Answer:
Whereas products and services in tourism highly depend on quality human labor, the task of human resources management is to ensure high quality man labor, and encourage it by motivation, education as well as with the possibility of career advancement to maximal efficiency, and retention within the business sector.
HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR. Getting culture right isn't easy.
Answer:
4.5 and 9
Explanation:
Basket of goods in US=$72.00
Basket of goods in Mexico=224.00 pesos
Nominal exchange rate= 14.00 pesos per dollar
Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket
=(14.00 pesos ×$72.00) / 224.00 pesos
=1,008/224.00
=4.5
Nominal exchange rate increased from 14.00pesos per dollar to 28.00 pesos per dollar
Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket
=(28.00×$72.00)/224.00 pesos
=2,016/224
=9
Consider a basket of consumer goods. The basket of goods costs $72.00 in the United States. The same basket of goods costs 224.00 pesos in Mexico. The nominal exchange rate is 14.00 pesos per dollar. The real exchange rate between U.S. and Mexican baskets of goods is 4.5 baskets of Mexican goods per basket of U.S. goods. Now suppose the nominal exchange rate increases from 14.00 pesos per dollar to 28.00 pesos per dollar. If the prices of the basket remain unchanged in both the United States and Mexico, the real exchange rate between the U.S. and Mexican baskets of goods will 9 to baskets of Mexican goods per basket of U.S. goods.
I would choose A, it all depends where you open a savings account
