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romanna [79]
3 years ago
6

After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds w

ill _____ which means its value will _____ against the U.S. dollar, all else equal.
a) increase; depreciate

b) increase; appreciate

c) decrease; depreciate

d) decrease; appreciate
Business
2 answers:
Blababa [14]3 years ago
8 0
The correct answer is b) increase; appreciate.
Since more and more people go in the country, more and more money will be required and produced. Since this money will not be surplus in the economy of the country they will gradually increase their value because of the growing demand for them, thus competing with the values with the other currencies, like the American Dollar (USD).
Jlenok [28]3 years ago
6 0

The answer is B, Increase, appreciate.

After some troubling times in Egypt, Americans tourist are visiting in record numbers. As a result, demand for Egyptian Pound will Increase, which means its value will Appreciate against the US Dollar.

When tourists from America visit Egypt, they will buy the pound, for different use like hotel booking, meals, conveyance, shopping etc,  in exchange of their home country's money, that is Dollar, which means, they are demanding Pound by giving their dollars. So Egyptian Pound demand will increase and its value will appreciate against US Dollar.

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Answer:

True

Explanation:

4 0
2 years ago
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Hospitals, colleges and universities, and museums fall into the ______ category of business customers. reseller market governmen
sineoko [7]

Institutional markets are the category under which hospitals, colleges, museums, and universities come.

Institutional organizations buy goods and services for the production of their own goods and services. They are non-profit organizations that are established only to offer services to the public. These markets are categorized as low budgets and captive patrons.

The main player of the institutional department is the government. Most hospitals, colleges, universities, and museums fall under the control of the government. For the other hospitals, colleges, universities, and museums that are under the private players, a seperate account will be maintained by them for maintaining the record of transactions.

The other option like business customers which deals with the normal buying and selling transactions. The reseller market consists of the wholesaler market that sells goods to the retailer for reselling the goods. The government market is where government transactions are carried on. The producer market produces the goods or manufacturers the goods and sells them to the market. So the institutions that are provided all come into the institutional markets.

Learn what is institutional markets here:

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8 0
1 year ago
Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is availab
SVETLANKA909090 [29]

Answer:

  • Economic order quantity= 1406 units
  • Safety Stock= 630 units
  • Reorder Point= 14130 units

Explanation:

Given Demand D= 78,000units/year

Ordering cost S = $38.00/order

Holding cost H = $3.00unit/year

Average lead time = 9 weeks

Standard deviation of weekly demand = 120 units

a) Economic order quantity:

EOQ = \sqrt{(2*D*S)/H}

EOQ = \sqrt{(2*78000*38)/3}

1405.7 = <u>1406 Units</u>

b)<u> Safety Stock:</u>

Weekly demand = 78000/52 =1500 units

Standard deviation of weekly demand = 120 units

Lead time is 9 weeks

Using the normsinv() in excel the Z value for the desired 96% service level is 1.75

Safety stock = z\sigma _{d}\sqrt{L}

= 1.75*120*\sqrt{9}

= 630 units

Reorder point = average lead time demand + safety stock

= lead time * weekly demand + saftey stock

  = 9*1500 + 630

  = 13500 + 630

Reorder point = 14130

8 0
3 years ago
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A MAIN reason cited by American businesses for outsourcing jobs to other countries is the high cost of
djverab [1.8K]

Answer:

The correct answer is A. A main reason cited by American businesses for outsourcing jobs to other countries is the high cost of  labor in the United States.

Explanation:

Outsourcing means separating from the organizational structure of the enterprise some functions performed by them independently and transferring them to other entities for execution. This decentralization process is very evident in American companies that produce manufactured goods, which place the primary production processes in other countries such as China, Mexico or Vietnam, among others, to produce their products at a lower cost, given the lower costs. labor (lower wages, lower taxes, less expensive regulations, etc.).

3 0
2 years ago
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Which of the following statements is true?-direct costs can easily be traced to a cost object; indirect costs cannot be-both dir
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Answer: Statement A

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Indirect costs are those cost which cannot be allocated to the number of units produced on individual basis unlike direct cost these costs can be either fixed or variable in nature. Examples - rent expenses, administrative expenses.

.

From the above explanation we can conclude that statement A is correct.

5 0
3 years ago
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