Answer:
b. rises and the quantity of dollars exchanged falls.
Explanation:
As provided that the curve shifts leftward that means the supply has decreased and that the price has fallen.
Accordingly people will tend to buy more dollars, but since the supply is less the exchange of dollars practically will fall because the supply has decreased and the supplier will not be ready to sell the same in low rates.
Accordingly the exchange rate of dollars will rise because of low supply.
Also the quantity will fall of actual exchange of dollars because the suppliers would not supply at low price in high demand.
Thus, option b is correct.
Answer:
The answer is: Must do priority
Explanation:
Must do priorities are the activities you or your organization must achieve in order to be successful. Must do priorities should be your highest priorities.
Veronica needs to get the bank loan so that her company can start their expansion projects, and she needs to do it fast.
<span>The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.
FALSE</span>
Answer:
$6896551.7
Explanation:
Given the following :
Product R:
Selling price = $20
Variable cost = $6
Product S:
Selling price = $50
Variable cost = $30
Firm's fixed cost = $4, 000,000
Break-even point dollars = (Fixed cost /Contribution margin ratio)
Contribution margin : selling price - variable cost
Product R: $(20 - 6) = $14
Contribution margin ratio = ($14/$20) * 60% = 0.42
Product S: $(50 - 30) = $20
Contribution margin ratio = ($20/$50) * 40% = 0.16
Sum of contribution margin ratio for both products = (0.42 + 0.16) = 0.58
Break-even point dollars = (Fixed cost /sum of Contribution margin ratio)
= $4,000,000/0.58
= $6896551.7
