1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miss Akunina [59]
2 years ago
11

Suppose that you are a U.S. producer of a commodity good competing with foreign producers. Your inputs of production are priced

in dollars and you sell your output in dollars. If the U.S. currency depreciates against the currencies of our trading partners:
a. Your competitive position is likely worsened
b. Your competitive position is likely improved
c. Your competitive position is unchanged
Business
1 answer:
yarga [219]2 years ago
7 0

Answer:

B)your competitive position is likely to improve.

Explanation:

From the question we are informed about an instance, whereby I'm a U.S. producer of a commodity good competing with foreign producers. My inputs of production are priced in dollars and you sell your output in dollars. In this case, If the U.S. currency depreciates against the currencies of our trading partners then my competitive position is likely improved. Competitive position can be regarded as value that is been offered by a product/service or it's band in regards to some offerings in a market. To model this, a simple graph is used which called "competitive position map" where one's offerings is plotted against the competition parameters.

You might be interested in
Which of the following would NOT be considered an investment in human capital?
bearhunter [10]

Answer:

B: Purchasing a new computer

Explanation:

Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.

4 0
3 years ago
Pam runs a shoeshine stand at the airport. Pam has no skills, no job expereince, and no alternative employment. Entrepreneurs in
xxMikexx [17]

Answer:.

Explanation:

7 0
3 years ago
Melinda signs a three year contract for employment as a legal studies lecturer. Does this type of contract fall within the scope
abruzzese [7]

Answer: Yes, because it is a contract whose terms prevent possible performance within one year

Explanation:

The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.

Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.

3 0
3 years ago
Why is it beneficial for businesses to be stationed in cities?
masya89 [10]
Because there are more buyers of your product and more suppliers for the things you need.
5 0
3 years ago
Stephanie Archer has been saving her money to buy a BMW convertible. Archer has spent hours on the BMW Web site choosing the ext
valentinak56 [21]

Archer has been using BMW's marketing Web site. This is a <u>true</u> statement.

<u>Explanation</u>:

A website is a collection of web pages that provides content related to the search. Many businesses have separate website for featuring and selling their product.

In the above scenario, Stephanie was surfing marketing website of the BMW Company. She wishes to purchase a BMW convertible car. So she was saving money to purchase it. Stephanie spent many hours on the BMW website to study about the various options and models available in the car. She was also choosing the interior and exterior colors of the car.

6 0
3 years ago
Other questions:
  • Brief Exercise 186 For the items listed below, indicate whether the item is an asset, liability, or stockholders' equity item. 1
    10·1 answer
  • If Good C increases in price by 50 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % 60% , what
    5·2 answers
  • In some cases, researchers are interested in very large groups such as all the inmates of the u.s. prison system. in this case,
    13·2 answers
  • A famous quarterback just signed a contract for $18.6 million, providing $3.1 million a year for 6 years. A less famous receiver
    8·1 answer
  • Which factor is important to consider when building an emergency fund?
    11·2 answers
  • The national defense of the United States is not rival because
    14·1 answer
  • Troy, a human resource manager, is investigating why the turnover in his company’s accounting department has spiked in the last
    8·1 answer
  • If you cause damage to your apartment, your landlord can
    13·2 answers
  • Based on the passage, who might be interested in your credit report, and why? Check all that apply.
    6·2 answers
  • ___refers to an environment in which cultural, group, and individual differences are acknowledged, accepted, and viewed as signi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!