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OLga [1]
3 years ago
11

Assume €1 = $1.1364 and $1 = S$1.2408. A new coat costs S$213 in Singapore. How much will the identical coat cost in euros if ab

solute purchasing power parity exists?
Business
1 answer:
alexandr402 [8]3 years ago
5 0

Answer:

151.05 euro

Explanation:

The computation is shown below:

Data provided in the question

€1 = $1.1364

$1 = $1.2408

And the new coat cost is $213 in Singapore

So, by considering the above information

The 1 euro = $1.1364 × $1.2408 = $1.4100512

So,

$1 = 1 ÷ $1.4100512 euro = 0.709194

So, the identical coat cost is

= $213 ×  0.709194

= 151.05 euro

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daser333 [38]

Answer:

  • Income = $10,000
  • Adjusted Gross Income (AGI) Deduction = $0
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Explanation:

The activity being a hubby does not exempt it from tax so the $10,000 will be included as income for tax purposes and there will be no deduction for this from the AGI.

She can however, claim her expenses as itemized deductions. There is no tax on interest payment so expenses deducted are:

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7 0
2 years ago
Rhea is a manager at an art supply store. She closely supervises her employees, but also explains decisions and asks for feedbac
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(A) the coach's leadership style to guide employees to achieve the best possible results.

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Leadership is about achieving goals through the guidance of human assistants. A leader is someone who is successful in getting his human colleagues to achieve a specific goal. A good leader is someone who can do this every day, year after year, under different circumstances.

<em>This question is incomplete. Please read the question below.</em>

Rhea is a manager at an art supply store. She closely supervises her employees, but also explains decisions and asks for feedback. Which leadership style does Rhea use?

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4 0
2 years ago
Wholesale companies need a location that attracts a lot of retail traffic.
Vinvika [58]

Answer:

False

Explanation:

4 0
3 years ago
Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al
IgorC [24]

Answer:

a= 75%

b= 1702

c= 94% , 4334

8 0
2 years ago
After hiring 151 units of the variable input, labor, a firm determines the MFC to be $.30 and the MRP to be $.33. The firm shoul
zhuklara [117]

Answer:

Option (c) is correct.

Explanation:

Labor (Variable input) hired = 151 units

After hiring this much units of labor, a firm incurred:

Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33

The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.

In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.

7 0
3 years ago
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