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NISA [10]
3 years ago
8

PURCHASING POWER PARITY In the spot market, 19.1 Mexican pesos can be exchanged for 1 U.S. dollar. A compact disc costs $15 in t

he United States. If purchasing power parity (PPP) holds, what should be the price of the same disc in Mexico
Business
1 answer:
LiRa [457]3 years ago
8 0

Answer: $286.50

Explanation:

Purchasing Power Parity (PPP) posits that prices are the same across countries given the rate of exchange between the currencies of the countries in question.

1 USD = 19.1 Mexican pesos.

Compact disc in Mexico would cost;

= 19.1 * 15

= $286.50

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Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interes
Bumek [7]

Kevin pay in <u>finance charges</u> the amount of approximately $787.

The weekly <em>principal and interest </em>amount are $36. 13 for 4 years. Here, the principal amount paid is $7,150.

Therefore,<u> total interest plus the principal </u>amount paid in 4 years are:

36.13*52*4\\=7515.04.

Here,<u> 52 is the total week </u>in a year that is multiplied by <u>4 years</u> and payment in one week.

The<em> service charge</em> that Kevin intended to pay was $422, which makes the total payment as:

7515.04 + 422\\=7937.04

Hence, the <u>actual finance charge</u> would be computed as below:

7937.04 - 7150\\=787.04.

Learn more about finance charge payment here:

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3 0
3 years ago
4. Trade policies Tariffs and quotas do which of the following? Benefit domestic producers of the protected good and harm domest
irina [24]

Answer:

Benefit domestic producers of the protected good and harm domestic consumers of the protected good.

Explanation:

Trade policies tariffs and quotas benefit domestic producers of the protected good and harm domestic consumers of the protected good as they're made to pay for the consumption of imported products. Hence, under free trade there are more societal benefits due to the specialization of domestic goods.

Tariffs can reduce both the volume of exports and imports in a country.

In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.

5 0
4 years ago
As a type of sales promotion, ______ take the form of advertising signs, which sometimes actually hold or display the product an
natka813 [3]

Answer:

point-of-purchase displays

Explanation:

point-of-purchase displays

7 0
2 years ago
Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state
DiKsa [7]

Answer:

Assuming that you can only choose one answer, the most suitable one would be (A) Chris designs models to make traffic flow better, which enables Brian to get to his company’s warehouse faster.

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This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.

6 0
3 years ago
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<span>Lee company is a perfectly competitive firm. the market price of its output is $10. the firm is currently producing 100 units of output. at this level of</span>
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