1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksian1 [2.3K]
3 years ago
8

If the dollar buys fewer bananas in Honduras than in Guatemala, then traders could make a profit by

Business
1 answer:
Serggg [28]3 years ago
8 0

Answer:

The correct answer is C)

Explanation:

Given that the price for bananas is cheaper in Guatemala, suppliers will be driven to make a quick profit just by buying from the Guatemalan market to sell in the Honduras economy.

This, however, will cause the prices of bananas to rise in Guatemala. Because, according to the basic principles of economics, the higher the demand the higher the price.

Cheers!

You might be interested in
A wheat farmer who wants to hedge the crop he plans to harvest next june should do what?
Tanya [424]
They should plant now rather than wait
6 0
3 years ago
When the government imposes price floors or price​ ceilings, A. some people​ win, some people​ lose, and there is a loss of econ
xxTIMURxx [149]

Answer:

The answer is: A) some people​ win, some people​ lose, and there is a loss of economic efficiency.

Explanation:

When the government imposes a price ceiling, some consumers win since they buy cheaper products (lower than equilibrium price) but suppliers lose. Inf the government decides a price floor is better, then customers will lose and some suppliers will win (prices are higher than equilibrium price).

Both price ceilings and price floors cause deadweight loss, decreasing economic efficiency.

5 0
3 years ago
If you start a business would you rather start off with earning 1million every week and 10,000 an hour or just earn 1 million in
Verizon [17]

Answer:

Im going with either 1million a day or 10k an hour

4 0
2 years ago
According to​ salary, the average salary for a software engineer level III​ (a higher-level position in software design and​ imp
fenix001 [56]

Answer:

Google acts according to the efficiency wage theory.

Explanation:

The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.

3 0
3 years ago
Tasks for building managers​
Olegator [25]

Answer:

Maintaining a safe environment with proper

Explanation:

lighting, signage, and disability access

8 0
1 year ago
Other questions:
  • HELP If overnight delivery makes you think of FedEx, what marketing strategy caused that association in your mind?
    13·1 answer
  • What three items must be considered when scheduling appointments?
    13·1 answer
  • A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi
    9·1 answer
  • Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra
    7·1 answer
  • Oriole Company's Assembly Department has materials cost at $3 per unit and conversion cost at $7 per unit. There are 30300 units
    7·1 answer
  • In location decision process, community location decision involves: a. selecting a specific city in which to locate. b. evaluati
    10·1 answer
  • Before the year began, Milkway Manufacturing estimated that manufacturing overhead for the year would be $175,000 and that 25,00
    10·1 answer
  • A person should consume more of something when its marginal.
    11·1 answer
  • Organizational purpose serves as the basis for an organization's ______. (select all that apply)
    15·2 answers
  • In a(n) __________ marketing channel, several independent members each attempt to satisfy their own objectives and maximize thei
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!