Answer:
Explanation:
Great question, intermediaries are sometimes necessary since they provide a service in which you might not be able to get the product if their service wasn't provided. That being said we can say that Caesar's claim is not valid in many cases. Intermediaries tend to add an additional cost to a certain product, but like mentioned above they are providing an essential value. In many cases the value they create more than offsets the costs they add. Therefore the validity of Caesar's claim is dependent on the intermediaries provided value.
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Answer:
No, a currency carry trade with positive profit can not be conducted.
Explanation:
The currency carry trade is the trading strategy where investor funding from lower-yield currency to invest in higher-yield currency with expectation to earn positive profit from the yield differences between the two currencies.
However, this strategy only works when the difference is big enough to compensate for the depreciation ( if any) of the higher-yield currency against the lower-yield currency.
With the given information, the strategy will not work because the depreciation of NZ$ against US$ after one-year is too big to be compensated for the yield difference.
For specific example, suppose the strategy is conducted, in 2008, an investor will borrow, for example, US$1 at 4.2%, exchange it to NZ$1.71. Then, invest NZ$1.71 at 9.1%.
In 2019, an investor will get NZ$1.86561 (1.71 x 1.091). The, he/she exchanges at the 2019 exchange rate, for US$1.36176 (1.86561 / 1.37). While at the same time, he will have to pay back 1 x 1.042 = US$1.042 => The loss making in US$ is US$0.32.
Answer:
The correct option is C
Explanation:
If say a child is 8 years has an IQ score that is the same with the score of an average 10 years old child, the mental score of that child is 10. From our example, if Terry who is 5 years performs as an average 5-year old child, then his mental score is 5. However the IQ Score will be
5/5 * 100 (Since 100 is the average IQ Score) = 100
Answer:
Operating profit = $147,500
Explanation:
Missing question is <em>"What is the total operating profit?</em>
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Operating profit = Sale unit(Selling price - Variable Cost) - Fixed expenses
Operating profit = 5,000 * ($50 - $10.50 - $2.00) - $25,000 - $15,000
Operating profit = 5,000*$37.5 - $40,000
Operating profit = $187,500 - $40,000
Operating profit = $147,500
Answer:
process
Explanation:
According to my research on studies conducted by sociologists, I can say that based on the information provided within the question this is an example of how consumer behavior is a process. This can be said because based on this situation Jenny started off exited about buying the new dress but as the day progressed and problems started arising her view on shopping at the store started to change until it got to the point were she decided to buy online.
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