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umka2103 [35]
2 years ago
15

Exchange rates that are allowed to fluctuate in response to changes in supply and demand is known as?

Business
1 answer:
Cerrena [4.2K]2 years ago
3 0

A flexible exchange rate is a rate that is determined by details of demand and supply in the foreign exchange market. Here the value is permitted to fluctuate freely according to the transformation in demand and supply of foreign exchange.

<h3>How an exchange rate fluctuates through the exchange of demand and supply?</h3>

As the price of a foreign currency gains, the quantity supplied by that currency increases. Exchange rates are defined just like other prices: by the exchange of supply and demand. At the equilibrium exchange rate, the supply and demand for a cash are equal.

To learn more about the Flexible exchange rate visit the link

brainly.com/question/24280716

#SPJ4

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Parker &amp; stone, inc., is looking at setting up a new manufacturing plant in south park to produce garden tools. the company
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Identify three features of an economic that is In the stage of ‘’economic growth’’
Pani-rosa [81]

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Explanation:

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3 years ago
What are deficient products? products that have neither immediate appeal nor long-run benefits products that give high immediate
Lisa [10]

Answer:

Products that have neither immediate appeal nor long-run benefits

Explanation:

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7 0
3 years ago
Granfiield Corporation manufactures two​ products, Product A and Product B. The following information was​ available: Product A
Rainbow [258]

Answer:

D. ​10,400 units of A and none of B

Explanation:

product A

contribution margin = $41 - $32

                                 = $9

product B

contribution margin = $29 - $19

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at full capacity:

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Since the contribution is higher for product A, The company should produce 10400 units of product A and none of B.

4 0
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