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3 years ago

There are very few, if any, good substitutes for motor oil. therefore, the

Business

1 answer:

Alina [70]3 years ago

6 0

<span>the demand for motor oil would tend to be price inelastic.</span>

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Mondo Corporation is a U.S. firm that invoices some of its exports in Japanese yen. If it expects the yen to weaken, it could __

Allisa [31]

Answer:

The answer is 'sell future contracts on yen

Explanation:

Futures contract is a form of derivative that is standardized. It occurs through the exchange rather than over the counter. It is safe from default or counterparty risk because the clearing house guarantees any loss.

Futures contract obligates the parties involved to either buy or sell the underlying security.

Because Mondo corporation is expecting some of its exports in yen and it is afraid of fall in exchange of yen relative to US dollar, to hedge the risk, it must sell future contracts on yen.

5 0

3 years ago

Suppose that a demand curve exhibits two points. Initially, at price P 0 P0 , the quantity demanded is Q 0 Q0 . When price chang

Vinvika [58]

Answer:

$Price Elasticity of Demand= \frac{Percentage change in Demand}{Percentage change in Price}$

At Price = $P_{0}$

Quantity demanded = $Q_{0}$

At Price = $P_{1}$

Quantity Demanded = $Q_{1}$

Now,

$Percentage change in Demand = \frac{(Q_{1} - Q_{0})}{Q_{0}}$

$Percentage change in Price = \frac{(P_{1} - P_{0})}{P_{0}}$

$Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{Q_{0}}}{\frac{(P_{1} - P_{0})}{P_{0}}}$

Above formula if used will give the correct answer related to Price Elasticity of Demand.

Another variant of above formula is also being used on prominent basis.

$Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{(Q_{1} + Q_{0})} }{\frac{(P_{1} - P_{0})}{P_{1} + P_{0}} }$

Utilization of any of the above Formula will give the ideal outcome in estimating Price elasticity of demand.

5 0

3 years ago

You decide to save a uniform amount at the end of each month for 12 months so you will have $1000 at the end of 1 yr. The bank w

vitfil [10]

Answer:

$81.13

Explanation:

first we must calculate the effective monthly interest rate:

1.06 = (1 + i)¹²

1.004868 = 1 + i

i = 0.4868%

the future value of this annuity is given, but we need the monthly contribution:

monthly contribution = future value / FV annuity factor

future value = $1,000

FV annuity factor, 0.4868%, 12 periods = 12.32656

monthly contribution = $1,000 / 12.32656 = $81.13

5 0

3 years ago

Which of the following conflicts led to an expansion of Presidential foreign policy power?

Tamiku [17]

They answer is Vietnam and world war 1

6 0

3 years ago

Which of the following statements regarding direct selling is most accurate? Multiple Choice Unlike other forms of nonstore reta

scoundrel [369]

Answer:

Direct selling succeeds because it provides customers with a social shopping experience.

Explanation:

Direct selling: In business, the term "direct selling" is described as a process of selling different products to the specified customers directly in a "non-retail environment". However, the products that are being sold through "direct sales" are generally not found in some typical locations, that means finding a specific rep or distributor is considered as a single method of buying different services or products.

7 0

3 years ago