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sineoko [7]
3 years ago
12

If purchasing power parity holds, a bushel of rice costs $10 in the US, and the nominal exchange rate is 2 Thai bhat per dollar,

what is the price of rice in Thailand
Business
1 answer:
just olya [345]3 years ago
5 0

Answer:

20 bhat

Explanation:

Calculation for the price of rice in Thailand

Using this formula

Price=Costs×Nominal exchange rate

Let plug in the formula

Price =$10×2 Thai bhat per dollar

Price =20 bhat

Therefore the price of rice in Thailand will be

20 bhat

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Answer:

C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise. 

Explanation:

An increase in demand would lead to an increase in demand and price.

An increase in supply would lead to an increase in supply and a fall in price.

The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.

I hope my answer helps you

6 0
3 years ago
The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, the
klemol [59]

Answer: 2.09

Explanation:

Given the following ;

Strike price (K) = $50

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Rate (r) = 6% = 0.06

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Time (T) = 1

Recall, relation for a put-call parity(p) is given by:

p + So = c + Ke^-(rT)

p = c + [Ke^-(rT)] - So

p = 6 + [50e^-(0.06 × 1)] - 51

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4 0
3 years ago
During 2018, Deluxe Leather Goods issued 728,000 coupons which entitles the customer to a $4.30 cash refund when the coupon is s
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Answer:

$1,051,780

Explanation:

The computation of the  liability for unredeemed coupons is shown below:

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  • The whitepapers provide the executives the guide they require to understand and solve business needs.

Thus, executives should turn to whitepapers prepared by potential b2b marketers to solve unfulfilled business needs.

Read more about the importance of market research at brainly.com/question/12435635

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