Answer:
rate at which a person can trade the currency of one country for the currency of another
Explanation:
Nominal exchange rate is a rate at which a person can trade the currency of one country for the currency of another.
Nominal exchange rate = real exchange rate + inflation rate
Real exchange rate is the number of goods a person can trade for a similar good in another country.
The real exchange rate has been adjusted for inflation.
Real éxchange rate = nominal exchange rate - inflation rate
I hope my answer helps you
Answer:
Explanation:
a) To maximise profit, we would charge a price of 7 for adults and a price of 4 for children.
Profit would be = 7 x 300 + 4 x 200
Profit = 2900
This is the maximum profit other than fixed cost
b) If we have to keep one price of the ticket, then it would be 7. This would yeild a profit of 2100
c) From the law, the adults dont get any benefit, rather the children are in best position of free ticket
d) Fixed cost wont effect the answers above as long as the price and numbers of participants wont change
Can you please explain more? :)
Answer:
$31
Explanation:
Starting from number 25, number 26 is a possibility, but then you get number 31 which is larger. Then the following numbers all show a possible combination:
<u>
N° 9's 5's
</u>
25 0 5
26
27 3 0
28 2 2
29 1 4
30 0 6
31 - -
32 3 1
33 2 3
34 1 5
35 0 7
36 4 0
37 3 2
38 2 4
39 1 6
40 0 8
41 4 1
42 3 3
43 2 5
44 1 7
45 0 9
A pattern starts to show 35-39 ; 40-44 and so on.
The stock went down 4.8%
Rate of Change of a stock is (New price - old price/ old price) *100
5.95-6.25 / 6.25 * 100
-.3/6.25 *100
-.048 *100 = -4.8%
