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Marat540 [252]
4 years ago
5

What is meant by purchasing power parity (ppp)?

Business
1 answer:
Korvikt [17]4 years ago
3 0
<span>What is meant by Purchasing Power Parity (PPP)? D. The exchange rate that equalizes the prices of internationally traded goods across countries. The PPP is an economic theory that refers to a basket of goods approach, meaning, that </span>when two or more countries price a basket of goods the same way, there is an equilibrium. Exchange rates in this situation are equal in all participating countries. 
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Bike Atlanta currently produces 1,000 axles per month. The following per unit data apply for sales to regular customers: Direct
Ad libitum [116K]

Answer:

The total cost of producing 3,000 axles is $255,000

Explanation:

The computation of the total cost is shown below:

= Total per unit manufacturing costs × total number of axles produced

= $85 × 3,000 axles

= $255,000

The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.

5 0
3 years ago
Telling your spouse where you would like to go out to eat for your birthday makes sense in terms of utility maximization. This s
Elanso [62]

Answer:

The correct answer is: The benefit of making the request will likely exceed the cost.

Explanation:

Utility maximization implies obtaining the greatest return after making a decision considering the least amount possible of resources in the process to obtain what is desired. The benefit is greater than the cost, utility maximization takes place in determining what the benefit and the cost could be.

Thus, <em>if you decide to tell your spouse where to go to eat for your birthday, the benefit of informing that is likely higher than the cost of disclosing that information</em>.

8 0
3 years ago
Which of the following can be defined as saving, according to economics? a. Andrea finances her new car through an auto loan. b.
Anton [14]

Answer:

Option c. General Motors issues corporate bonds.

Explanation:

The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.  

7 0
3 years ago
Read 2 more answers
The Alpine Shop is a store that specializes in selling equipment for camping and other outdoor activities. The store has many em
Ipatiy [6.2K]

Answer:

d) information utility

Explanation:

Based on the information provided within the question it can be said that the type of utility created by the efforts of the employees is information utility. This refers to individuals moving information about the good and bad features that the company sells in order to provide utility to the store and hopefully garner more customers to increase sales.

7 0
4 years ago
Why did the business world expand in the south?
gavmur [86]

it expanded in cotton sales, if that's the time period u are speaking of...

3 0
3 years ago
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