Answer: a home currency will depreciate if the home inflation rate exceeds the foreign inflation rate.
Explanation:
Inflation erodes the value of a currency such that it is worth less than it was before. If the inflation in a country is higher than that of the inflation in another country therefore, the value of the currency of the former would be less valuable than the value of the currency of the latter because it suffered greater erosion in value.
The former's (home) currency will therefore depreciate against the foreign currency(latter) to reflect that its value is lower relative to the foreign currency.
Answer: only disaffirm the entire contract.
Explanation: Egbert, age sixteen, who purchases a $500 video-game system and a $50 computer chair from CompuStore. Egbert changes his mind and wants to avoid the contract for the video-game system but not the computer chair. However, Egbert may only disaffirm the entire contract.
Answer:
My answer is B.
Explanation:
The reason its in the question lol.
Answer:
The correct answer is option c.
Explanation:
In the production process, inputs such as raw materials, labor, machine, tolls, etc, are used to produce outputs. Among these factors, some are variable or can be changed in the short run while others are fixed or cannot be changed.
The cost incurred on the variable factors is called variable cost. It changes with the change in output level.
Among all the costs given above, the monthly wage payments to labor is a variable cost. It can be changed in the short run by changing the quantity of labor employed.
The rest of the costs such as property tax payments, insurance and, rent payments are fixed an do not change with the output level.
Answer:
$0.79
Explanation:
The Bakery bakes 660 loaves of bread
The cost of baking one bread= $0.46
The total cost of baking all loaves of bread
= $0.46 x 660
=$303.60
The desired mark up is 55% of cost
=55% of $303.60
=55/100 x $303.60
=0.55 x $303.60
= $166.98
Desired revenues = $166.98 +$303.60
=$470.58
The number of sellable breads= 660 - (10% of 660)
=660-66
=594
Desired income is $470.58; sellable output is 594.
price per bread should be
=$470.58/594
=$0.79222
Price per bread = $0.79