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fredd [130]
3 years ago
10

When more than one central bank attempts to shift the equilibrium exchange rate, we refer to this as:?

Business
1 answer:
ohaa [14]3 years ago
8 0
<span>When more than one of more of the central banks try to shift the exchange rates it is referred to as a market shift. These market shift occur periodically based on inflation and interest rates.</span>
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What determines the value of an item?
galina1969 [7]

The value of item is determined by its utility to the person who is purchasing it. If an item has high utility, then consumers are willing to pay more and will value the product more. If an item has low utility, it will not be very valuable to the person. People value items differently. the old saying that one's man's trash is another's treasure holds true here.

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2 years ago
The Smiths' purchased a residence for $75,000. They made a down payment of $15,000 and agreed to assume the seller's existing mo
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Answer:

Purchase money mortgage.

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This loan is issued by the seller of the property as a part of the transaction made when selling the property. The interest rate that comes with this type of loan is high.

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3 years ago
Why is it important to carefully evaluate promotional claims?
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8 0
2 years ago
Read 2 more answers
Select the correct statement regarding relevant costs and revenues.
givi [52]

Answer:

d) Avoidable costs are also known as sunk costs.

Explanation:

The avoidable cost are those cost that can be ignored while making decision. The sunk costs are all those cost which already been incurred and it will not be effected by the change in decision. The sunk costs are already been expensed so, whatever decision you make it will not be changed.

4 0
3 years ago
Use the following demand schedule to determine total and marginal revenues for each possible level of sales.
ira [324]

Answer:

please check the attached image for the completed table containing the answers

The industry is purely competitive.

Explanation:

please check the attached image for a clear image of the table used in answering this question

Total revenue = product price x quantity demanded

for example, total revenue when quantity demanded is 2 is $ x 2 = $4

Marginal revenue is change in total revenue.

marginal revenue = total revenue - previous total revenue

e.g. marginal revenue when quantity demanded is 2 is = $4 - $2 = $2

the structure of the industry is a purely competitive market because price is equal to marginal revenue.

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In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

7 0
2 years ago
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