All categories

2 years ago

If the british pound (₤) appreciates by 10% against the dollar:

1 answer:

4 0

The answer to this question is the US importer of British goods will tend to find that their cost of goods rises, hurting its bottom line<span>.
when the british pound is appreciated by 10%, it means that we need additional 10% to acquire a pound with our dollar currencies. In American traders' perspective, this will increase their overall cost that they need when doing transactions with british companies.

</span>

You might be interested in

What is the term for the time at which maximum levels of petroleum extraction are reached?

Nimfa-mama [501]

C. Peak Oil is the answer to your question

5 0

2 years ago

If 20 percent increase in the price of a good leads to a 60 percent decrease in the quantity demanded, then what is the price el

sp2606 [1]

Answer:

Demand is elastic

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

60 / 20 = 3

Demand is elastic because the coefficient of elasticity is greater than 3.

This means that a small change in price has a greater effect on the quantity demanded.

I hope my answer helps you

7 0

3 years ago

What is the smallest level at which life may exist

DerKrebs [107]

CELL is the smallest level.........

6 0

3 years ago

BK Books is an online book retailer that also has 10,000 "bricks and mortar" outlets worldwide. You are a risk-neutral manager w

krek1111 [17]

Answer: Therefore, we should make her an offer at that salary

Explanation:

Based on the information given in the question,

Lowest salary = $60,000

Highest salary = $110,000

Expected Benefit = 5% × ($110,000 - $60,000) = 5% × $50,000 = $2500

The cost of conducting another interview will be:

= cost of time + cost of travel

= $750 + $4250

= $5000

Since the cost of conducting the additional interview is more than the expected benefit, therefore the interviewee should be hired rather than continuing the interviewing process.

Therefore, we should make her an offer at that salary.

7 0

2 years ago

2. How has Taobao created economic opportunities for Chinese entrepreneurs that were inaccessible to them before?

cupoosta [38]

Answer: It created a platform for small business owners to open online stores to meet the needs of consumers in Chinese speaking areas within and outside China.

Explanation: Taobao with over one billion listings,is owned and founded by Alibaba( a Chinese entrepreneur) in the year2003. Taobao is a market place for consumers of Products,it helps to create Opportunity for Businesses to market their products and services,this platform has helped to build the Chinese Economy empowering people and helping to improve creativity, It also helped Chinese entrepreneur to be accessible to the world over.

3 0

3 years ago