If the Government choose not to devalue its currency, The total exports of that nation will be most likely to be decreased.
When a currency of a nation is too high, other nation wouldn't have enough purchasing power to do transactions with our nation, making us forced to close many international trade relationship that could kill several economic sectors in the country.
When a team is doing multitasking meaning one member of the team is doing multiple task that he or she can do. so the resource availability of the project team personnel will be confused especially if the task are not properly documented
Answer:
The cross price elasticity of demand measure how sensitive is the demand of the product X is due to the change in the price of the product Y.
The formula is stated as: Percentage change in the quantity demanded of product X / Percentage change in the price of product Y.
Further, cross price elasticity can be divided into Positive, negative and zero.
Hope this clears things up.
Good Luck.
Answer:
because the influence is an important
Answer:
the invisible hand
Explanation:
The invisible hand is a concept developed by Adam Smith and it refers to the forces that determine the equilibrium of a market. This concept is based on the idea that both consumers and suppliers will seek their own benefit and self interest when making a transaction, but the invisible hand will help to allocate resources efficiently.
In this case, the invisible hand refers to the unexpected benefits generated by the couple reopening the grocery store. Both the owners and their customers act selfishly, but it is in their best interest that the grocery store keeps working and expanding. The whole town wins in this situation, the new owners of the grocery store make a profit and their customers don't have to travel 20 miles.