Answer:
exports of their country
Explanation:
From the question we are informed about Thomas who Is a financial advisor to a committee seeking to revive the value of the national currency, which has grown weak. He has to suggest a
point on which the nation should focus in order to strengthen Its currency. In this case the trade element should Thomas suggest as a focus is that
the nation focus on exports of their country. Whenever a country increases her export, there will be rise in demand for local currency and this will strengthen the local currency power.
Answer: Distinctive competence
Explanation:
The distinctive competence is basically refers to the business characteristics that has ability for producing the high quality result and also perform more efficient as compared to its competitions.
The many other business firms performing better as compared to other business organization. The distinctive competence is one of the unique capability in an organization.
According to the question, the company's distinctive competence is one of the ability for producing the superior quality bikes in an organization.
Therefore, Distinctive competence is the correct answer.
Answer:
The correct answer is option C.
Explanation:
The price of wine has risen from $7 to $9 per bottle and the price of cheese has fallen from $6 to $5 per pound.
Anne’s income has stayed fixed at $46 per week.
Anne has been buying 4 bottles of wine and 2 pounds of cheese per week.
At the initial price she was spending
= 
= $28 + $12
= $40
After the price change she has to spend
= 
= $36 + $10
= $46
Since she has to spend more to consume the same level of output, we can say that Anne is worse off.
Well it all depends on what you invested on and what was your outcome
A monopolist will hire workers up to the point at which the wage equals to marginal revenue.
Given that monopolist will need to hire workers.
We are required to find the point up to which the monopolist will hire the workers.
Monopolist is the person or institution who has the largest power of the market means monopolist can change or influence the price according to him or his requirements.
From the definition of monopoly we can say that a monopolist will hire workers up to the point at which the wage equals the marginal revenue.
Wage is a part of cost and it is a variable cost. Variable cost is the cost which is not fixed for all the units. Variable cost increases with the increase in the units of the good.
Hence a monopolist will hire workers up to the point at which the wage equals to marginal revenue.
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