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larisa [96]
3 years ago
11

Choose the statement that is incorrect.

Business
1 answer:
MAVERICK [17]3 years ago
5 0

Answer:

B. In the long​ run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.

Explanation:

As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.

But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same

This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate

Hence, option B is incorrect

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Four thousand bonds with a face value of $1,000 each, are sold at 104. The entry to record the issuance is Group of answer choic
Arisa [49]

Answer:

Dr Cash 4,160,000

Cr Premium on Bonds Payable 160,000

Cr Bonds Payable 4,000,000

Explanation:

Preparation of the entry to record the issuance

Based on the information given The entry to record the issuance is:

Dr Cash $4,160,000

[(4000*1000)*104%]

Cr Premium on Bonds Payable $160,000

($4,160,000-$4,000,000)

Cr Bonds Payable $4,000,000

(4000*1000)

(To record the issuance)

4 0
3 years ago
As a graphic artist, nate has just finished producing a new calendar. his calendar cost him $1.00 for the shiny paper, $2.00 for
ICE Princess25 [194]
<span>69 calendars. The cost of N calendars is C = F + MN where C = Total cost F = Fixed costs M = Marginal cost per item For this problem, the Fixed costs is the $400.00 given plus the cost of labor at $50 for 4 hours, for an additional $200. Making the total fixed costs being $400 + $200 = $600. The marginal cost are $1.00 + $2.00 + $0.25 = $3.25. So we have: C = $600 + $3.25N Now the money that will be received will be the sale price of the calendar multiplied by the number sold. So P = $12.00N Since we're looking for the break even point, let's set an inequality for these two equations, then solve for N. $600 + $3.25N <= $12.00N $600 <= $8.75N 68.57142857 <= N Since a fractional calendar can't be sold, the artist needs to sell at least 69 calendars to break even.</span>
4 0
4 years ago
Assume you are going to lunch and have a choice of two meals. The first meal would give an increase in marginal utility of 100 w
pantera1 [17]

Answer:

C) Third

Explanation:

The first meal gives you 4 units of utility for every dollar spent (= 100 utility / $25).

The second meal gives you 5 units of utility for every dollar spent (= 10 utility / $2).

The third meal gives you 10 units of utility for every dollar spent (= 50 / $5). We should choose the meal that provides us with the greatest utility per dollar.

3 0
3 years ago
Read 2 more answers
Determining whether a company's prices and costs are competitive requires looking at the costs of a company's internally perform
LenaWriter [7]

requires looking at the costs of a company's internally performed activities and the costs of its suppliers and forward channel allies (distributors/dealers).

Answer: Option A.

<u>Explanation:</u>

In today's world, the competition in the market for all the goods and the services has increased a lot and has gone cut throat competition. Substitutes of almost everything is available to the consumers.

So for this the producers should make sure that they are not charging high for a product else they might lose the customers and the race in the market. They should try to reduce the price of the goods as much as possible.

4 0
3 years ago
Why is it important to start saving for retirement early?
forsale [732]

Answer:

A

Explanation:

Saving early will allow you to gain more money because your interest will build over time.

4 0
3 years ago
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