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Mamont248 [21]
3 years ago
7

Travelers to Europe usually exchange dollars for euros. Assuming that the euro supply is static, how does this currency exchange

, considered in isolation, affect the demand for euros and the exchange rate?
Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

Increase demand for euros and Increase US dollar price of the Euro

Explanation:

The U.S travelers to Europe will require euros while in Europe. However, since the supply of euros is static i.e does not change with change in demand, there will be more people demanding for the euro resulting into increased demand for the euro. As a result, people will have to pay more US dollars to obtain euros thus increasing the US dollar price of the euro.

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A leading beverage company sells its signature soft drink brand in vending machines for $0.87 per 12 oz. can. A vending machine
ycow [4]

Answer:

655

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$190  / ( 0.87 - 0.58) = 655.2 = 655 to the nearest whole number

8 0
3 years ago
A _____ primarily details the goal-directed actions managers take in their quest for competitive advantage when competing in a s
Lilit [14]

A business level strategy primarily details the goal-directed actions managers take in their quest for competitive advantage when competing in a single product market.

5 0
3 years ago
I immediately need help with this please help me someone please solve it for me it’s pretty urgent if u write unnecessary things
zysi [14]

Hello there ☺️,

<em>Please check the attached image of the answer. </em>

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3 0
3 years ago
Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play
daser333 [38]

Answer:

a tradeoff.

Explanation:

Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo tradeoff

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

Samira's opportunity cost is missing out of the scholarship opportunity

to help in making tradeoff, the scale of preference should be constructed. the scale of preference orders the choices available to an economic agent in terms of importance

3 0
3 years ago
The correlation coefficient between a selection test and job performance is 0. This means the selection test_________ .
Lesechka [4]

Answer:

(b) and job performance are unrelated

Explanation:

Correlation coefficient = 1 perfectly related

Correlation coefficient = 0 perfectly unrelated

Correlation coefficient of zero means the selection test and the job performance are unrelated. Hence, the correct answer is B

6 0
3 years ago
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