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3 years ago

You have a list of european stocks that are priced in euros. where can you go to format the prices in euros in excel?

1 answer:

7 0

To convert prices in euros in dollars it means you should make Currency Conversion. In order to do the currency conversion you should take several steps in Excel:
1. Select a blank cell next to the price in Euros and enter the formula =NUMBERVALUE(A2,",",".").
Now you will have the amount. If you also want to have the symbol for dollars you should:
2. Format the cell: Right click-> Format->Currency and select the currency.

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The majority of problems Best Buy was facing have been brought about by _________________force.

babunello [35]

Answer:

External forces

Explanation:

Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.

However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.

The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.

Walmart and Amazon have been able to capture a large part of the electronics market.

Other problems like leadership scandals and inefficient processes also contributed to their problems.

4 0

3 years ago

What will happen to the firms equilibrium wage rate when the supply of labour decrease from 25 to 15? Explain with the help of d

Tpy6a [65]

Answer:

Wage rate = $960

Explanation:

Supply of labor is the number of hours workers are willing to work at a given real wage rate. When wage rate increases, supply of labor also increases because more people are encouraged as now they can obtain a higher income. When wage rate decreases, labor supply also decreases.

View diagram

In this case, however, there has been a decrease in supply, causing the supply curve to shift from S to S1. This can be due to many reasons such as migration, increase in minimum working age or increase in interest in education causing more people to study. When the supply of labor falls, there are less people available for work. Thus, demand exceeds supply, causing a shortage. Hence, the pressure causes price, i.e. wage rate to increase. To determine by how much the increase is, cross-multiplication can be used:

At 25 laborers, wage rate is $600 (25 = 600)

At 15 workers, wage rate is X (15 = X)

We now substitute for X, which is the amount by which wage rate will increase.

25 / 600 = 15 / X

Thus, 25X = 9000 (600 x 15)

9000 / 25 = X

X = 360.

Hence, wage rate at 15 laborers is 600 + 360 = $960

3 0

3 years ago

Z chooses a life income with 10 year period certain settlement option for the annuity Z owns. Z dies after 15 years of receiving

insens350 [35]

Answer: Nothing

Explanation:

From the question, we are informed that Z chooses a life income with 10 year period certain settlement option for the annuity Z owns and that Z dies after 15 years of receiving income benefit payments. Based on the above situation, Z's beneficiary receive will receive nothing.

This is because Z has already gotten the income benefits payment since it's for a 10 year period

3 0

3 years ago

David ricardo believed that:

inessss [21]

Trade will benefit countries when it generates gold and silver for the national treasury.

5 0

3 years ago

Assume a Cobb-Douglas production function of the form: q equals 10 Upper L Superscript 0.33 Baseline Upper K Superscript 0.75.

Gnesinka [82]

Answer:

Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.

Explanation:

From the question, we have the following restated equation:

$q=10L^{0.33} K^{0.75}$

Where q is the output, and L and K are inputs

To determine the types of returns to scale, we increase each of L and K inputs by constant amount c as follows:

$q = 10(cL)^{0.33}(cK)^{0.75}$

We can now solve as follows;

$q = 10c^{0.33+0.75} L^{0.33}K^{0.75}$

$q=c^{1.08} L^{0.33} K^{0.75}$

Since 0.33 + 0.75 = 1.08 is greater than one, this production function therefore exhibits increasing returns to scale.

4 0

3 years ago