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Alinara [238K]
3 years ago
6

Suppose 60,000 pesos buys a basket of goods in Mexico. If, at the existing exchange rate, it costs less than 60,000 pesos to buy

the same basket of goods in the U.S., then purchasing power parity implies that the:
A. dollar is overvalued.
B. peso is undervalued.
C. dollar should cost fewer pesos.
D.dollar should cost more pesos
Business
1 answer:
aalyn [17]3 years ago
4 0

Answer:

D.dollar should cost more pesos

Explanation:

According to purchasing power parity, if 60,000 pesos buy a basket of goods in Mexico and after buying 60,000 pesos worth of dollars, the resulting amount is more than enough to buy the same basket in the U.S., it means that the dollar should cost more pesos than it currently does since there should be no amount left over after buying the basket in order to comply to the purchasing power parity.

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Suppose two types of consumers buy suits. Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B wi
n200080 [17]

Answer:

The firm will not sell any bundle, the amount of bundle to be sold will be zero.

Explanation

Solution

Since firm sells at $25 each for coats and pants, then If consumer wants to purchase both Pant and Coat, the customer will have to pay 25 + 25 = $50.

Also, If consumer purchase Pant and Coat as a Bundle then, he will pay 150. From the question stated we can conclude  that  their is a form of interest to pay for Pant and Coat for Both consumers are higher than 25.

However, they will have to pay an amount less for 1 coat and 1 pant if they buy this in a separate way instead of a  Bundle.

We can say, that type of consumers (both) will not buy the pants and coat as a bundle, but will want to buy them separately.

Therefore, any bundle will not be sold by firm. the amount of Bundle sold will be known as a zero Bundle

5 0
3 years ago
Bill's organization expects 50% of profits to be generated by products that did not exist five years ago. What is the nature of
faust18 [17]
If these are the missing choices:
A) short-term
B) risky
C) innovative
<span>D) expansionary

My answer is C. INNOVATIVE. 

Innovative is defined as an adjective that may refer to a person who introduces new ideas that are original and creative. It may also refer to a product, service, or idea that features new methods or designs that help advance our technology unlike no other. 

Since Bill's organization expected to derive a 50% profit from products that did not exist five years ago, it is safe to assume that Bill's organization was the one to innovate and launch the product. </span>
7 0
3 years ago
1 point
gavmur [86]

Answer:

Find attached statement and the question which question number 10.

The correct option is C,$90

Explanation:

In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of  $23.55 was  charged(Section 7)

Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785

balance transfer charge(%)=$23.55/$785=3%

However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).

The correct option then is C,$90

Download pdf
8 0
3 years ago
For 2019, Skresso Co. reported $1.82 of earnings per share of common stock. During 2020, the firm had a 4% common stock dividend
mart [117]

Answer:

$1.75

Explanation:

Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)

Earnings per share to be reported = $1.82 * 96%

Earnings per share to be reported = $1.7472

Earnings per share to be reported = $1.75

So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.

4 0
3 years ago
The modified accelerated cost recovery system (MACRS):Multiple ChoiceIs required for financial reporting.Does not allow partial
fredd [130]

Answer:

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

Explanation:

The U.S. federal income tax rules for depreciating assets is the modified accelerated cost recovery system (MACRS). It is the current system allowed in the nation of the United States for tax computation deductions on account of depreciation for depreciable assets (other than intangible assets).

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

6 0
3 years ago
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