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Stells [14]
3 years ago
13

Would YOU PERSONALLY prefer a strong or weak Canadian dollar. Choose one and explain why?

Business
1 answer:
yKpoI14uk [10]3 years ago
8 0

Answer with Explanation:

I would personally prefer a "weak" currency because <u>it will enable other foreign countries to enjoy Canadian exported goods.</u> Although a strong currency makes people enjoy <em>traveling abroad</em>, a weaker currency allows people to<em> enjoy local places, including local goods</em>. This will help Canadians develop love for their own country.

A weak currency also allows foreign countries to<em> enjoy the local goods of Canada, without stressing them on the price</em>. If many foreign countries will import goods from Canada, it will increase the market share of exports for Canada. This means that many companies will focus on exporting their goods, thus leading to increase job employments. <u>The economy will have the chance to boost.</u>

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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
swat32

Answer:

The correct option is D

Labour budget = $1,974,175

Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.  

Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

Labour budget = $14.50× 3.5× 38,900 = $1,974,175

Labour budget = $1,974,175

6 0
3 years ago
Ski trips and ski jackets are complements. the cross elasticity of demand for ski trips with respect to the price of a ski jacke
Mrrafil [7]

If the price of the ski trip has increased then the demand for the ski jacket will likely decrease because of the demand curve in terms of the ski jackets that will be shipping to the leftward as the ski trip were to increase.

6 0
3 years ago
Pick the TRUE statement: A. Investors (stockholders) and potential investors are mainly interested in a company's liquidity rati
Usimov [2.4K]

Answer:B

Explanation:

5 0
3 years ago
Demand is not the same as quantity demanded. What factors will change the demand for a good?
DochEvi [55]

Answer:

Other factors that shift demand curves. Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.

6 0
2 years ago
Marina and Nolan formed the MN Partnership. Marina contributed $20,000 of cash in exchange for her 50% interest in the partnersh
Natasha_Volkova [10]

Answer:

A) $25,000.

Explanation:

Marina's adjusted basis for her partnership interest at the end of the year = $20,000 (Marina's cash contribution) + $5,000 (Marina's share in the partnership's net taxable income) - $8,000 (distributions received by Marina) + $8,000 (Marina's share in the partnership's recourse liabilities) = $25,000

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