Answer:
Omega Company
B) Product Y should be produced because it will produce greater total profit.
Explanation:
If only Product X is produced, the total profit it will produced is:
Selling price = $35
Variable Cost = $20
Contribution = $15
Total Contribution = $15 x 75,000/4 = $281,250
If only Product Y is produced, the total profit will be:
Selling price = $25
Variable cost = $15
Contribution = $10
Total Contribution = $10 x 75,000/2 = $375,000
Product Y therefore produces a greater total profit. This is because the fixed cost will remain the same if there are no avoidable elements.
The channels through which advertising is carried to prospective customers are advertising is: advertising media.
<h3>What is advertising?</h3>
Advertising can be defined as the way of creating product awareness so as to generate sales.
Hence, Advertising media tend to play an important function when it comes to creating product or brand awareness based on the fact advertising media is a channels through which advertising is carried to prospective customers.
The complete question is:
The channels through which advertising is carried to prospective customers; includes newspapers, magazines, radio, television, outdoor advertising, direct mail, social media, and the internet.
Learn more about advertising here:brainly.com/question/1658517
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Answer: Currency is converted to common currency, GDP is divide by population and compare GDP per Capita
Explanation:
GDP is measured in a countries currency. When Comparing a GDP of one country to the GDP of another country currency is converted into a common currency. Currency can be converted using exchange rate. the GDP of one country will then be expressed in the currency of another country using the exchange rate.
Some countries have a high number of population than others, for example China has more people than Mexico. therefore measure GDP and The standard of living between countries GDP will need to be divided by population which will give us GDP per capita which measures the standard of living by showing the GDP per person
Answer:
The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.
We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros
E.G Buy a $1000 from the market for £555(10,000*1/1.8)
After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.
Explanation:
