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4 years ago

Suppose the direct quote for sterling in New York is 1.3110-5. Then the direct quote for dollars in London is:________.

Business

1 answer:

svetlana [45]4 years ago

5 0

Answer:

C. 0.7625-8

Explanation:

The direct quote for dollars in London would be the reciprocal of the quote for sterling in New York. By the reciprocal, I mean the 1 divided by the direct quote for sterling in New York which is shown below:

direct quote for dollars in London=1/ 1.3110

direct quote for dollars in London=0.7628

direct quote for dollars in London=1/1.3115

direct quotes for dollars in London=0.7625

A range between 0.7625 -0.7628

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Nations that have the strongest product liability laws tend to be well- developed economically However, the general case in deve

olasank [31]

Answer:

b. False

Explanation:

The product liability law is weak in developing countries due to its improper implementation while in many countries the law has not been implemented. the customers are not aware about the law and also government efforts does not meet the actual need of the law.

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4 years ago

What are the two most critical things you should do before you perform a job

dlinn [17]

Safety & knowledge of the job

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4 years ago

The effect of bulky or heavy products on transportation costs can make _______ an inappropriate strategy.

emmainna [20.7K]

Transportation costs can make exporting an inappropriate strategy.

<span>If a product is bulky or heavy, because of its weight or mass the transportation costs will obviously increase and make it more expensive, and unless the product carries an extraordinary high value-to-weight ratio the exporting strategy will be considered the least effective.</span>

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3 years ago

Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca

Tpy6a [65]

Answer:

10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department

Explanation:

Given:

Costs Square Feet Number of Employees

Janitorial Department $450,000 100 20

Cafeteria Department $200,000 10,000 10

Cutting Department $1,500,000 2,000 60

Assembly Department $3,000,000 8,000 20

Cafeteria Cutting Assembly Total

Department department department

Square feet 10,000 2,000 8,000 20,000

% of allocation 50% 10% 40%

$\frac{10,000}{20,000}$ × 100 $\frac{2,000}{20,000}$ × 100 $\frac{8,000}{20,000}$ × 100

Hence, % usage by the cutting department is 10%

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4 years ago

Which of the following kinds of price discrimination occurs when each customer is charged one price for the first set of units p

olasank [31]

Answer:

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students

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4 years ago