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
kolezko [41]
3 years ago
14

A pegged exchange rate means the value of the currency is fixed relative to a reference currency

Business
1 answer:
ruslelena [56]3 years ago
5 0
Are you asking if it’s true or false?
You might be interested in
Gina, a minor, enters into a contract to buy a tractor from herb, an adult. the deal is set aside. restoring herb to the positio
Andru [333]
It is the duty of the parent of Gina
6 0
3 years ago
A change in the relative price of one good versus another will cause a change in marginal product and the allocation of labor re
kakasveta [241]

Answer:

The correct answer is: increase relative to Industry B.

Explanation:

The marginal revenue product measures the conribution of each additional unit of input employed in the production process. It is calculated as the product of price of product and marginal product of input.

The profit maximizing level of wage is when the marginal revenue product of labor is equal to wages.

Suppose there are two goods, A and B respectively.

When the price of good A increases relative to good B, the marginal revenue product of labor employed in production of good B will increase as well.

This will cause the wage rate of those workers to increase in comparison to workers in industry B.

4 0
3 years ago
Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to
gizmo_the_mogwai [7]

Answer:

Centralize decision making

Explanation:

From the question we are informed about Rockwood International who needs to make risky decisions on a daily basis. Therefore, its managers are likely to Centralize decision making.

Centralization can be regarded as setup whereby decision-making powers are been concentrated or given to few leaders that are on top of the organizational structure. Decisions making are been carried out at the top then communicated to lower-level managers so that implementation can take place.

5 0
3 years ago
Jose goes to an all-you-can-eat buffet at a Chinese restaurant and consumes three plates of food. He does not go back for a four
kkurt [141]

Answer:

The marginal utility of the fourth plate is zero or below zero

Explanation:

The reason is that the law of diminishing marginal utility says that the marginal utility of a product declines upon continuous consumption of that item. This means that the utility before the consumption of first buffet was high and when the second buffet was consumed by the same person the utility was further reduced and so on. This means that the utility must be positive which if is higher enough then the customer is will to pay and eat the buffet again. If it is zero or below zero the customer is not willing to pay for the buffet. This is the reason the person doesn't ordered the item again.

You can not eat the same buffet for all the 365 days. This means the taste of a tasty food fades away after some time or I would say that the utility is gone. Same is the case when you will keep using cellphone for a period and then sell it or dispose it because the item doesn't entertains you or in other words the utility has significantly fallen and is almost zero or below zero.

5 0
3 years ago
Chun Hei is carrying out a marketing research study. Even after seeking all reasonable available secondary data sources, she has
tekilochka [14]

Answer:

The correct word for the blank space is:  primary.

Explanation:

Primary data collection takes place when data is collected by researchers from direct sources using for that purpose surveys or interviews. Typically, primary data collection gathers the questions formulated on <em>secondary data</em> research since that is the basic step carried out for the data collection process.

8 0
3 years ago
Other questions:
  • "Wouldn't it be great if we could get food delivered?" is an example of coming up with a business idea based on what?
    14·2 answers
  • Which of the following is a disadvantage of assembly lines
    7·2 answers
  • How can competition in a scarce labor market affect wages?
    10·1 answer
  • Specific data such as age, income , family size , and accupation used for marketing purposes, is called
    11·2 answers
  • Bill and Fred bake cookies and pies. Bill's opportunity cost of baking 1 pie is 5 cookies. Fred's opportunity cost of baking 1 p
    9·1 answer
  • Jif Peanut Butter has long used the slogan "Choosy mothers choose Jif." This campaign does not directly challenge competitors bu
    7·2 answers
  • Milton Friedman argues that __________.
    13·1 answer
  • Violet purchased a tract of land for $100,000. She quit her $30,000-a-year job as a postal employee and opened a skeet shooting
    7·1 answer
  • If the us wants to help the economy should it print more money? Why or not.
    15·1 answer
  • Presented below are various receivable transactions entered into by Beran Tool Company. Indicate whether the receivables are rep
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!