1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
3 years ago
11

A currency trader observes that in the spot exchange market, one U.S. dollar can be exchanged for 10.875 Mexican pesos or for 6.

205 Danish krone. What is the cross-exchange rate between the peso and the krone; that is, how many pesos would you receive for every krone exchanged?
a. 1.619 pesos/krone

b. 1.658 pesos/krone

c. 1.704 pesos/krone

d. 1.753 pesos/krone

e. 1.790 pesos/krone
Business
1 answer:
Anastaziya [24]3 years ago
4 0

Answer:

d. 1.753 pesos/krone

Explanation:

The computation of the received pesos for exchange is shown below

Received pesos = Exchange value of one U.S dollar for Mexican pesos  ÷ Exchange value of one U.S dollar for Mexican pesos

= 10.875 ÷ 6.205

= 1.753 pesos/krone

It shows a relationship between the Exchange value of one U.S dollar for Mexican pesos and the Exchange value of one U.S dollar for Mexican pesos so that per pesos/krone can come

You might be interested in
Henncom, a company that manufactures computer spare parts, runs its operations in a small office. Owing to the increase in the d
Leno4ka [110]

Answer:

Carl is most likely satisficing

Explanation:

For decision making, satisficing means "Examining alternatives until a practical (most obvious, attainable, and reasonable) solution with adequate level of acceptability is found, and stopping the search there instead of looking for the best-possible (optimum) solution."

Reference: WebFinance Inc. “What Is Satisficing? Definition and Meaning.” BusinessDictionary.com, 2019

8 0
2 years ago
Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:
Marina CMI [18]

Answer:

A, Offer a guarantee for the customer's complete satisfaction.

Explanation:

SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.

For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing

.

Cheers.

3 0
2 years ago
David wants to open a new gymnasium with state-of-the-art equipment and qualified trainers. However, he can only afford either o
Nesterboy [21]

Answer:

Too little money                          

Explanation:

In the given case, David wanted to have all required resources and he also had complete knowledge of it. However he could not get them properly due to his budget constraints which lead to shut down of his business.

This case clearly depicts the problem of too little money as the risk of failure was not mentioned as such. Also the business David was willing to open was not relate to any chemical or defense industry so there was not much regulatory burden.

8 0
2 years ago
The period before a trial takes place is called the
nadezda [96]

Answer:

The answer would be A.

Explanation:

Discovery process, finding the facts.

4 0
2 years ago
Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Bogdan [553]

Neoclassical economics places a larger focus on providing extra options and <u>improving living standards, </u><u>which are ultimately decided by long-term progress.</u>

As a result, it focuses on long-term growth rather than fighting recessions.

In actuality, neoclassical economics holds that a product's price is mostly influenced by its manufacturing costs. According to neoclassical economics, the primary factor for client decision-making therefore becomes price.

As a result, letting the neoclassical economists concentrate on prices is not the best way to combat the recession. Long-term economic performance is always emphasized by neoclassical economists.

Note that the neoclassical approach to macroeconomics emphasizes the idea that, over time, the economy tends to recover to its potential GDP and natural unemployment rate.

Learn what John Maynard Keynes would recommend to fight the recession: brainly.com/question/25586856


#SPJ4

8 0
2 years ago
Other questions:
  • This law prohibits employment discrimination based on race, color, religion, gender, or national origin.
    12·1 answer
  • Look at the chart displaying the human development index (HDI) worldwide, which is linked to a high standard of living. Based on
    8·1 answer
  • In the 1980s, Japanese competitors brought better-quality chips to the market at lower cost, threatening Intel Corporation's pos
    12·1 answer
  • Ted owns a small florist shop. Since his business is booming, his realizes he will soon need one more delivery van. He decides h
    6·1 answer
  • Which of the following is true of open market operations? Select the correct answer below: Open market operations involves the b
    10·2 answers
  • On December 1, 2008, Secure Company bought a 90-day forward contract to purchase 200,000 euros (€) at a forward rate of €1 = $1.
    9·1 answer
  • Revenue is:
    5·2 answers
  • 100 POINTS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! PLEASE ANSWER APROPPRIATELY!!!!!! NO LINKS OR FALSE ANSWERS PLEASE OR YOU WILL BE R
    14·1 answer
  • Your project sponsor is Shirley, the Chief Information Officer. She is a member of the hospital leadership team who controls the
    8·1 answer
  • Suppose that, with free trade, the world price of the product is $15. what is the value of consumer surplus?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!