Answer:
c. 250
Explanation:
Since; Turkish lira = 1 Brazilian real
and exchange rate (E) = 0.84
Considering that Brazil is the home country
The price level in Turkey = 210
∴ Brazil price level = 210 / 0.84 = 250 real
Answer:
value
Explanation:
Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.
For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college
Answer:
CMR: 52% --> each dollar of sales generates 52 cent of contribution
VCR: 48% --> 48 cent per dollar of sales are cost
BEPu: 10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.
BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.
Explanation:
selling price per hat: $ 25
variable cost per hat: $ 12
Contribution per unit $ 13
Contribution Ratio:
13/25 = 0.52
Variable cost Ratio:
12/25 = 0.48
Fixed cost: 130,000
Break even point:
dollars of sales BEP: 250,000
units sold to pay up variable and fixed cost: 10,000
<span>production coefficients.
factors of production.
production technologies.
production aggregates.</span>
Answer:
$800 million; more than a decade
Explanation:
If a pharmaceutical firm decides to develop a new drug. On average, it can cost $800 million and take more than a decade to discover a new drug, perform the necessary safety tests, and bring the drug to market.
