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2 years ago

can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

1 answer:

galina1969 [7]2 years ago

3 0

Microeconomics can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

The decision-makers are assisted by the study of microeconomics in analyzing and deciding how productive resources are distributed among various goods and services. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.

<h3>What is the main purpose of microeconomics?</h3>

The allocation of resources for production, exchange, and consumption by individuals and businesses is the subject of microeconomics. The study of economy-wide aggregates is left to macroeconomics whereas microeconomics deals with the prices and production in individual markets as well as the interaction between different markets.

Businesses can better understand consumer spending patterns and motivations by using microeconomics. What is sold, how it is sold, and why it is sold can all be influenced by the science behind how customers and even businesses buy. Ultimately, supply and demand govern almost every aspect of the business.

Learn more about Microeconomics here:

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The _[blank]_ and _[blank]_ work to create spaces that are better for the environment as well as healthier for people.

Reil [10]

The USGBC and LEED work to create spaces that are better for the environment as well as healthier for people.

Explanation:

USGBC-United States Green Building Council

LEED-Leadership in Energy and Environmental Design

USGBC and LEED both are developed by the U.S. Green Building Council to provide green building designs to the building owners and operators with the intention to create spaces which are both better and healthier for the People

5 0

3 years ago

Merone Company allocates materials handling cost to the company's two products using the below data:Modular Homes Prefab Barns T

Amiraneli [1.4K]

Answer:

$167,098

Explanation:

The computation of the total materials handling cost allocated to the modular homes is shown below:

= Total material handling cost × expected modular homes ÷ total expected material moves

= $210,420 × 540 ÷ (540 + 140)

= $167,098

6 0

3 years ago

International marketing can be defined as

malfutka [58]

Answer: Option B

Explanation: As the name suggests, international marketing refers to the process under which a company uses various marketing tools to operate their marketing activities in more than one country.

Generally, different marketing tills and strategies are implemented for different countries as the preference and needs of individuals differs all around the globe.

For example- Starbucks is a popular brand for their variety in coffee but in China they market their tea products more due to general preference of individuals towards tea more than coffee.

6 0

3 years ago

What effect might the government have on oligopolies? In oligopolies, the government might A. promote competition with a paten

fenix001 [56]

Answer:

C. impose barriers to entry with a copyright, which allows only the government to supply a good or service.

Explanation:

The oligopolies is a market or industry where there exist small but large sellers and hence form an market competition and hence lead to higher prices to the consumers. As they have their market structures. Entry barriers include high investment and strong consumer liabilities.'

Thus governments can set barriers to entry of these firm as to market only those goods and services that the government recommend fit for the sales

3 0

3 years ago

Your firm (an Australian firm) makes a sale to a Japanese customer. The sale price is 200 million Japanese Yen payable in exact

charle [14.2K]

Answer:

An Australian Firm Selling to a Japanese Customer

a) Direct Quote of the Exchange Rate between Australian Dollar and Japanese Yen:

A$ 1 = ¥90

Meaning 1 Australian Dollar = 90 Japanese Yen.

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90

b)Theoretical Current Forward Exchange Rate, quoted in terms of JPY/AUD for delivery in three months:

= Spot Rate x (1 + Japanese Interest Rate) / (1 + Australian Interest Rate) x 360/90

= ¥90 x (1 +0.005) / (1 +0.03) x 360/90 = ¥90 x 1.005/1.03 x 360/90

= ¥351.26214 =A$1

c) The Australian firm can take advantage of any decreases in the exchange rate and also ensure that it receives at least Australian $2 million by entering into a Currency Forwards Contract.

d) If the spot exchange rate in 3 month's time is:

(i) AUD/JPY=150, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the gain of:

Forward Exchange outcome in Australian Dollars = ¥200 million/ ¥150 =

A$ 1,333,333.33333

Hedging outcome minus Forward Exchange outcome

A$2 million - A$ 1,333,333.33333 = A$666,666.66667

(ii) AUD/JPY = 50, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the loss of:

Forward Exchange outcome = in Australian Dollars = ¥200 million/ ¥50 =

A$4 million

Hedging outcome minus Forward Exchange outcome

A$2 million - $4 million = -A$2million

Explanation:

a) Currency forwards contracts and future contracts are used to hedge the currency risk. For example, a company expecting to receive ¥200 million in 90 days, can enter into a forward contract to deliver the ¥200 million and receive equivalent Australian dollars in 90 days at an exchange rate specified today.

b) If A$ 1 = ¥90

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90 in Australian Dollars.

5 0

3 years ago