A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750. If the EUR/GBP exchange rate is 1.17, how much does the british-made car cost in EUR? a. 18.427 b. 11.965 c. 13.462 d. 16.380
Q: How much tea is gained and what is the cost in coffee? a. In moving from U to v b. In moving from W…
A: A production possibility curve depicts the combination of two goods that can be produced using the…
Q: The marginal revenue and marginal cost functions of a food importer are given by MR=400-0.5Q and MC…
A: The marginal revenue for the food importer is The marginal cost for the food importer is At quantity…
Q: The data in the above table show that the unemployment rate is currently above its full -employment…
A: Aggregate demand is the finished goods and services total demand that is produced in the economy. It…
Q: The purchase of a used pickup for $22,000 is being considered. Records for other vehicles show that…
A: Annual cost of owning and operating the truck:Fuel cost = $1950Oil, tires, and repairs cost =…
Q: Consider an economy described by the production function Y=F(K,L)-K^(0.5) L^(0.5). 1. Does this…
A: ***Since the student has posted a question with multiple subparts, the expert is required to solve…
Q: How does research benefit participants?
A: Research, as the name suggests is the search for information. It involves identifying the problem,…
Q: Assume you own a firm that in the production and supply of maize meal which is a staple food in…
A: Demand elasticity measures how sensitive a good's quantity desired is to variations in its price. It…
Q: The marginal propensity to save is 0.15, tthe marginal propensity to consume: (A) is 1.15. (B) is…
A: The Marginal Propensity to Consume (MPC) represents the proportion of additional income (Y) that a…
Q: .Explain how the marginal product of labor and marginal cost are related? Draw one graph for MPL…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Refer to the figure at right. Perfect income equality is shown by OA. curve D. OB. the horizontal…
A: Lorenz curve graphically represents the distribution of income or wealth. The Lorenz curve will be…
Q: Using dominant strategies, what is the Nash equilibrium payoff? O 0,0 O 100, 100 O-10, -10 O Neither…
A: In game theory all the player involved have best response strategy, best response strategy is the…
Q: The graph shown displays the cost and revenue curves associated with a monopolistically competitive…
A: A monopolistically competitive firm will produce at the point of intersection of marginal revenue…
Q: why is time expense equal to wht(1-z) - what does the income have to do with how much the time cost?
A: Let's start by outlining the optimization problem for the household. Within the constraints of its…
Q: Mobile phone networks Predatory roaming They were in the bank, toting guns, as lots of money…
A: In the roaming market, collusion pertains to the possibility of collaboration amongst mobile…
Q: 4. Imagine a market with demand P = 420 – Q in each period. Two firms are thinking about colluding.…
A: The marginal revenue curve shows the change in total revenue resulting from selling one extra unit…
Q: In this market, the equilibrium price is per box, and the equilibrium quantity of blueberries is…
A: In general, the price ceiling is considered the maximum price that consumers must pay and producers…
Q: The total utility (TU) curve shows the total utility provided by the successive consumption of pizza…
A: Marginal utility refers to the additional satisfaction gained from consuming one more unit of a good…
Q: Use the following information to answer the question. You are managing a competitive co farm that…
A: There is a competitive market for corn. The price for corn either be $12 or $6 per bushel. The…
Q: BN11.1 (a) (b) Case: Consider a market in which a firm has monopoly power. Suppose in addition that…
A: An externality refers to the impact of an economic activity on parties who are not directly involved…
Q: Refer to the consumption function graph above. How much is the MPC at the disposable income of $200?…
A: Marginal propensity to consumer refers to the proportion of an income that is spent on consumption…
Q: Year Median Income Average Income 1972…
A: Economics:It is a subject matter that focuses on the rational management of scarce resources that…
Q: 9-54 Three mutually exclusive alternatives are being A considered: Initial cost Benefit at end of…
A: Present value refers to a financial concept that calculates the current value of an amount of money…
Q: Question 1 According to a researcher at the FDA, vegan foods are “the way if the future”. More…
A: Demand is the quantity of a good or service that consumers are willing and able to buy at a given…
Q: The accompanying table shows a car manufacturer’s total cost of producing cars. a) What is this…
A: In economics, cost is the value of resources that are used to produce a good or service. This…
Q: 2. In Becker's taste for discrimination model, what is the meaning of the discrimination…
A: A theoretical tool that supervisors can use to help them be more deliberate and direct with their…
Q: Suppose Abercrombie & Fitch sells clothing in a monopolistically competitive market and that a…
A: In economics, perfect competition is a hypothetical market structure in which all firms sell…
Q: 1. Sources of monopoly power Monopolists, unlike competitive firms, have some market power. A…
A: Monopoly refers to a market structure which has only one firm. The firm produces unique good. There…
Q: Year 1 2 Government Purchases 304 459 Government Real GDP 5,131 5,405 Taxes 257 263 Suppose there is…
A: The government purchase, taxes and the real GDP table is provided below. YearGovernment…
Q: hat is the total cost and marginal cost when fixed cost is 25, average cost is 57, total revenue is…
A: The marginal cost refers to change in total cost when one additional unit of output is produced. The…
Q: What are the leading, lagging, and coincident indicators at the Conference Board (such as consumer…
A: Aggregate demand:Aggregate Demand is when the total number of consumers have the desire to buy…
Q: An injection molding system has a first cost of $185000 and an annual operating cost of $79000 in…
A: Net Cash Flow is the distinction between cash inflows and outflows in a given period, addressing the…
Q: During 1979 an interruption in oil supplies from the Middle East caused the price of home heating…
A: The demand equation is given as The supply equation is given as The disruption in the supply of oil…
Q: A Nike women's-only store in California offers women's running, training, and sportswear products…
A: The shop is situated on great real estate in the heart of town and often makes earnings exceeding…
Q: 8. Given these equations, C = 210 + b Yd₁ I = 460 G=270-0₁1Y X=530 M=485, and T=13+02Y If the…
A: Keynesianism has grown in the postwar century in terms of its potential to ease economic downturns…
Q: Sandra owns a copying business. She rents copy machines from a local supplier and has the following…
A: This can be defined as a concept that helps an individual or organisation calculate how much revenue…
Q: The per-unit standards for direct labor are 2 direct labor H was $30000 for 4000 direct labor hours…
A: According to the question, Production unit - 2400 unitsLabor cost - $30000 for 400 labor hoursTotal…
Q: 6. Tax systems and saving This question addresses the impact of saving on an economy by examining…
A: As per economics, the loanable fund's belief is a theory of the market interest rate. As per this…
Q: For the utility function U = Qx0.58Qy(1-0.58) find the trade-off rate between good X and good Y at…
A: The marginal rate of substitution of X for Y measures the rate at which the consumer is ready to…
Q: Given the following supply, demand and marginal revenue fi QS = 5P-25 Q = 100-5P MR = 20-2/5Q (a)…
A: Competitive equilibrium occurs when demand and supply forces are equal. Firms are price taker in…
Q: LAS 100 90 XXX 80 70 60 AD 110 0 320 360 400 440 480 520 Real GDP (billions of 2007 dollars) SAS…
A: The Gross domestic product is a country's final value of goods and services in a year. GDP is a…
Q: a. Suppose that the government is imposing an emissions tax of $12 per unit of emissions. Under this…
A: We should separate the responses to parts (a) and (b) of your inquiry in view of the estimations we…
Q: Using the cost data for Project X and Project Y below, conduct a Present Worth Analysis to calculate…
A: Cash flow:The net amount of cash or cash equivalents that enters and exits a business or financial…
Q: Consider a market with two firms, Hewlett-Packard (HP) and Dell, that sell printers. Both companies…
A: Pure strategy Nash Equilibrium: Nash equilibrium with 2 players is the strategy profile where both…
Q: Consider the following graph: Price and cost (per necklace) 280.00 240.00- 220.00 200.00 180.00…
A: In a monopoly market, an individual or company has exclusive power to determine market prices…
Q: A street vendor who sells churros has the cost structure described below. The firm's fixed costs are…
A: Fixed costs that don't change based on the volume of sales or output. The number of products or…
Q: An increase in inflation expectations Phillips curve. A True B) False Phillips
A: The Phillips curve, which posits a constant and inverse relationship between unemployment and…
Q: How much consumer surplus results if this single-price monopolist profit-maximizes?
A: Price Discrimination:Price discrimination is a pricing method that is used by monopolies or firms…
Q: The American Baker's Association reports that annual sales of bakery goods last year rose 15…
A: The optimal level defines the point where resources are allocated efficiently, maximizing overall…
Q: Given a demand curve of P = 190-7Qd and supply of P = 4 +5Qs, find the PROFIT of the firm at the…
A: The demand curve represents the quantity demanded by consumers at different price levels. The supply…
Q: Should the French government relax its AOC system, allowing French vintners to expand the size of…
A: It is a complex and multifaceted question that needs careful consideration whether the French…
A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750.
If the EUR/GBP exchange rate is 1.17, how much does the british-made car cost in EUR?
a. 18.427
b. 11.965
c. 13.462
d. 16.380
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- Let’s suppose you (USA dealer) imported one Earth Equipment machine from German dealer on March 1, 2017 at € 300,000 each, payable in 30 days. The exchange rate on March 1, 2017 was 1.16 US$/€. Then you sold the machine in the US market at US$350,000 in cash on March 29, 2017. On April 1, 2017, you paid to Italian car dealer at the exchange rate of 1.19 US$/€. What was profit or loss from this business in terms of US$? (Please assume all costs are included in price.) Group of answer choices -7000 -9200 -4500 -10200The euro-pound cross exchange rate can be computed as: A. S(E/E) = S($/E) × S(€/S) %3D B. S($/£) S(E/S) S(€/£) = S(€/£) = S($/€) S(£/S) D. all of the aboveA UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750. If the EUR/GBP exchange rate is 1.17, how much does the french-made car cost in GBP? a. 13.467 b. 14.500 c. 16.380 d. 18.427
- What is the cross exchange rate of GBP:1.2884 and CHF: 0.9777?A Palestinian resident can earn 3 percent interest on a one-year bank deposit of $50,000 at home. Alternatively, he can convert the $50,000 into euros and earn 4 percent on a one-year bank deposit in France. If the exchange rate is initially 0.90 euros per dollar and then changes to 0.89 euros per dollar in one-year, which deposit would have given him a higher return?Suppose that a U.S. company wishes to purchase goods from a German producer. The U.S. firm agrees to take the delivery of the goods in three months and to pay €1 million Euros at that time. This company wishes to avoid this exchange rate risk by buying Euros at the 3-month forward rate, f = 0.95 (€/$). Then, how much this company would have to pay in US dollars in exchange for €1 million Euros? a. $1 million dollars. b. $1,052,632 dollars. c. $950,000 dollars.
- A British money financier is managing €10 million and wants to invest it in safe bonds either in France or United Kingdom for one year. The one-year interest rate on such assets is 0.63% in Britain and 0% in France. The one-year forward euro-pound exchange rate is 1.121 €/£ (euros per pound). Assume that the covered interest parity condition (CIP) always holds and to ensure consistency, treat the UK as home country. What is the current euro-pound spot exchange rate?A British money financier is managing €10 million and wants to invest it in safe bonds either in France or United Kingdom for one year. The one-year interest rate on such assets is 0.63% in Britain and 0% in France. The one-year forward euro-pound exchange rate is 1.121 €/£ (euros per pound). Assume that the covered interest parity condition (CIP) always holds and to ensure consistency, treat the UK as home country. What is the current euro-pound spot exchange rate? Explain and show your work.A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750. If the EUR/GBP exchange rate changes from 1.17 to 1.09, what is the percentage change in the price of the french car in GBP? a. -6.8% b. -7.3% c. 6.8% d. 7.3%
- Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product in the US market at $400 in cash on Dec 15, 2018. The company's fiscal year ends on Dec 31. You paid to your German supplier on Feb 1, 2019. Below, please find the exchange rate information: Dec 1, 2018: 0.8 €/$.. Dec 31, 2018: 1.5 €/$. Feb 1, 2019: 0.6 €/$. What was net income for 2018 and 2019, respectively? Group of answer choices -$200, -$100 -$100, $200 $300, -$200 $200, -$300The Russian air force is being called on this year to intercept storms advancing on Moscow and to seed them with dry ice and silver iodine particles. The idea is to make the snow drop on villages in the countryside instead of piling up in Moscow. The cost of this initiative will be 180 million rubles, and the savings in snow removal will be in the neighborhood of 300 million rubles. The exchange rate is 30 rubles per dollar. Comment on the hidden costs and benefits of such a plan from the viewpoint of the villagers in terms of dollars.Suppose that the current EUR/GBP exchange rate is £0.86 per euro. The current 6-month interest rates are: GBP 4%, EUR 6%. There are three 6-month forward contracts available, with the following exchange rates: Contract A B C EUR/GBP 0.86 0.85 0.90 You expect to receive an inheritance of €50,000 in six months, and you expect the EUR/GBP exchange rate to remain at £0.86 per euro until then. Would you enter in any of the available contracts today? If so and assuming your expectation about the future exchange rate is correct, how much profit/loss would you make?