5. Anna has the option to purchase a laptop from the U.S. or Japan. The laptop's U.S. price in the U.S. is 340 dollars and in Japan, the same laptop costs 38,000 Japanese yen. If you know that each 3.4 U.S. dollars are equivalent to 372.26 Japanese Yen. Find the U.S. nominal exchange rate. Find the U.S. real exchange rate. Assuming there are no shipping expenses, should Anna buy the laptop from the U.S. or Japan? Please explain.

Explain the causes of food shortages that lead tostarvation.

ent-4.docx cetumentGrp Assignment 4. Saved to this Pd v Layout References Mailings A A™ | Aa- | Ap -I A. DA = = = |- |- B demand. daho Review if necessary. Paragraph View ENT Help For a particular video game, the company sells 160 (thousand) copies of the game when the (thousand) copies of the game. price of the game is $55. However, when they change the price to $45, the company sells 240 1 AaBhCcDdi AaBbCcDdi AalbC Đới 1 List Para... Normal 1 No Spac.... Styles a. As part of the process of finding the price elasticity of demand, what is the percent change in quantity using the midpoint method? Round your answer to 4 decimal places ECON 150: Microeconomics b. As part of the process of finding the price elasticity of demand, what is the percent change in price using the midpoint method? Round your answer to 4 decimal places if necessary. C. Using parts a and b, calculate the price elasticity of demand. Round your answer to 2 decimal places if necessary. Four

If the local electr icity ulilily wanls loraiserevenues. il should ils price because demand for clectricity is likcly to be Iower; inelastic ralse; elastic raise; pertectly inelastir raise; inelastic