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Dmitriy789 [7]
3 years ago
8

Which one of the following is not an assumption for the law of one price? a. There is free competition b. There is no transporta

tion cost c. There are no tariffs d. The skill level of workers is identical in both countries
Business
1 answer:
icang [17]3 years ago
8 0

Answer:

d. The skill level of workers is identical in both countries.

Explanation:

The Law of One Price is an economic theory which explains that the price of identical or similar goods in different markets must be the same after taking the currency exchange into consideration. In law of one price, there is perfect competition and It ensures that buyers have the same purchasing power across global markets.

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sing the preceding information, answer the following questions: (Note: Round your answers to the nearest millionth dollar.) • Wh
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Which of the following is not a benefit of CTSO?
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Given a double variable named total with a value of 62.5 and an integer variable named quantity with a value of 4, what will the
MAXImum [283]

Answer:

The value of price is $15.625

Explanation:

In the question, the formula is given for computing the value of the price.

The calculation is shown below:

Here, the total value would be 62.5 and the integer variable quantity is 4, so we easily compute the value of price

Price = Total ÷ Quantity

        = 62.5 ÷ 4

        = $15.625

The quantity should be expressed in units or some other measurement value, the price should be a dollar or any other monetary units.

3 0
3 years ago
A producer is someone who _____________.
Ghella [55]
Provides something from something else.
8 0
2 years ago
Rachel’s Candelabra Shoppe sells candles to clients for $6.00 each. The variable cost to produce each candle is $2.25 per candle
Flauer [41]

Answer:

The firm’s contribution margin per candle is $3.75

Explanation:

The computation of the firm’s contribution margin per candle is shown below:

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