Answer:
The statement is false. Future spot exchange rates are based on economic predictions of economists, who consider all the possible alterations of the market in a given economy.
Explanation:
Future exchange rates are prices set by banks and other important economic actors, which regulate the value at which different currencies will be exchanged or certain goods will be bought. These future rates are set through an analysis of the political and economic situation of the market in which the exchange will take place, with the aim of ensuring competitive and efficient values in the face of the probabilities of market shocks, both internal and external.
Answer:
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Explanation:
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Answer: -100
Explanation: 5,000 - 3,000 - 200, -1,900 =
Answer:
There are 6 customers in the barber shop on an average.
Explanation:
As per the Little's law, the average number of costumers or individuals in a system (L) can be calculated by multiplying the average arrival rate (λ) and the average time each customer spends in the system (W).
The algebraic expression, is as follows:
L = λW
Here,
L=inventory or average number of customers in the system.
λ=arrival rate = 10
W=flow time average customer spends in the system = 0.6
L = 0.6 * 10 = 6
Thus, there are 6 customers in the barber shop on an average.
Answer:
Elastic
Explanation:
Description of a curve elastic.: The curve believed by the longitudinal axis of an initially normal elastic strip or bar bent to any structure of elements within its elastic limits.
- Elasticity relates to the level of sales or market sensitivity in response to price changes.
- If a curve becomes more elastic than small price shifts can cause large volume changes consumption.
- At the poles, horizontal will be a beautifully elastic curve, while vertical will be a completely inelastic curve.