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frozen [14]
3 years ago
5

Economics: a. studies human behavior when scarcity exists and choices must be made. b. does not accurately explain any human beh

avior since it is based on the assumption of rationality. c. is the only social science that can explain the existence and behavior of public institutions. d. is better at showing the way things ought to be than the other social sciences. e. does not provide a reasonable explanation of how people make decisions.
Business
1 answer:
kari74 [83]3 years ago
6 0

Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.

Explanation:

Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work. 

Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.

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I toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i.e., the probability of
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Answer:

A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to

get closer and closer to 1/2 as the number of tosses increases.

Explanation:

Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.

A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.

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What happens during the exit stage of a company?
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<span>The Exit stage is when the entrepreneur gets out of the day-to- day commitment of running the company.</span>
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How did the government help the economy?
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When we do not get to know someone because we do not have to see that person in order to do our business, we often do not take i
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Explanation:

This is a challenge posed by the facelessness that results from the use of new technology accessible in the workplace. This applies to any form of business that is either done completely autonomous or is done in an online format. Such a type of store is an E-commerce store, since all of the sales on this platform are done online, there is no face-to-face contact between the store owner/employees and the customers. Therefore, the store owners can make decisions thinking it is best for the store, but cannot fully understand the complete effect that it will have on the customers.

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Cray Research sold a super computer to the Max Planck Institute in Germany on credit and invoiced €10 million payable insix mont
Reil [10]

Answer:

a) The expected loss from the forward hedging = $432,900

b) No I wouldn’t recommend hedging the euro receivable based on the fact that the future spot rate is better off than the forward exchange rate.  

c) No I wouldn’t because in any case whether you hedge or not there will be no difference.

Explanation:

Solution.

Forward Exchange Rate = $1.10/€, therefore the equivalent of €10 million receivable from Germany in 6-month time = €10 million / Forward exchange rate ($1.10) = $9,090,909

However, the 6 months spot rate is $1.05/€, therefore if we simply wait till 6 months we will receive €10 million / Forward spot rate ($1.05) = $9,523,809.

a) The expected loss from the forward hedging = $9,523,809 - $9,523,809 = $432,900

b) No I wouldn’t recommend hedging the euro receivable based on the fact that the future spot rate is better off than the forward exchange rate.  

c) No I wouldn’t because in any case whether you hedge or not there will be no difference. You’ll just end up paying hedging fees which will impact on profits adversely.  

However it is always advisable to hedge foreign exchange risks because predictions could differ from reality and adverse movements in exchange rates could carry significant financial consequences which may not be comparable to the hedging costs.

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