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2 years ago

Define a strong dollar?

Business

2 answers:

lora16 [44]2 years ago

3 0

Answer:

A strong dollar occurs when the U.S. dollar has risen to a level against another currency that is near historically high exchange rates for the other currency relative to the dollar.

Explanation:

ExtremeBDS [4]2 years ago

3 0

Answer:

strong dollar- is a situation in which the United States dollar can be exchanged for a relatively large amount of another currency. A Strong dollar makes exports relatively expensive because of foreign purchasers have to pay more, in their currency for goods. imports are relatively inexpensive because of the dollar can purchase a relatively high amount of foreign currency in order to pay for goods. A strong dollar occurs when people want to invest in the U.S. because the financial markets are seen as favorable and providing good returns.

A strong dollar contracts with a weak dollar, which is characterized by a reluctance to invest in the U.S. and creates a situation where imports are expensive and exports are relatively cheap.

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2 years ago

You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost

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Answer:

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2 years ago

Read 2 more answers

For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price

NeTakaya

Answer:

1. Break even point in units = 2,400 units

2. Sales required = 6,400 units

3. Operating income = $140,000

Explanation:

Given:

Fixed costs = $60,000

Variable cost =$25 per unit

Selling price = $50 per unit

Computation:

1. Break-even point in units of sales.

Contribution per unit = sales - VC

Contribution per unit = $50 - $25

Contribution per unit = $25

Break even point in units = Fixed costs / Contribution per unit

Break even point in units = $60,000 / $25

Break even point in units = 2400 units

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Sales required = ($60,000 + $100,000) / $25

Sales required = 6400 units

3. Operating income if sales total = $400,000

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Operating income = Contribution margin - Fixed costs

Operating income = ($400,000 × 50%) - $60,000

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3 years ago

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3 years ago

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<h3>What is the law of supply?</h3>

The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.

To learn more about the law of supply, please check: brainly.com/question/26374465

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