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IgorC [24]
2 years ago
8

While studying abroad, Joe found that his U.S. dollars did not stretch as far as he had hoped. Every time he exchanged U.S. doll

ars for euros, he gave up more dollars in exchange for fewer euros. Obviously, the dollar was weak against the euro. A. True B. False
Business
1 answer:
MrRissso [65]2 years ago
4 0

Answer:

The statement is: True.

Explanation:

Currency exchange rates determine how much currency values compared to another currency. Different factors influence the valuation of those currencies but mainly it depends on how much they can be used and accepted in different parts of the world. The more regions accepting the currency, the higher the value of the currency.

<em>Nowadays the United States dollar (USD) is the most used currency worldwide. However, it has historically had a lower value than the Euro (EUR). It means the USD is weaker in front of the EUR even nowadays, implying every time people want to exchange dollars for euros they get fewer euros for more dollars.</em>

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This pricing tactic works because although we can remember the exact price right when we see the price, after a few weeks we for
PilotLPTM [1.2K]

Answer: A. the 99 principle

Explanation:

This strategy, often called "charm pricing," involves using pricing that ends in "9" and "99."

With charm pricing, the left digit is reduced from a round number by one cent. We come across this technique every time we make purchases but don’t pay attention. For example, your brain processes $3.00 and $2.99 as different values: To your brain $2.99 is $2.00, which is cheaper than $3.00.

How is this technique effective? It all boils down to how a brand converts numerical values. In 2005, Thomas and Morwitz conducted research they called "the left-digit effect in price cognition." They explained that, “Nine-ending prices will be perceived to be smaller than a price one cent higher if the left-most digit changes to a lower level (e.g., $3.00 to $2.99), but not if the left-most digit remains unchanged (e.g., $3.60 to $3.59).”

4 0
2 years ago
Job shops tend to be __________ while continuous processes tend to be __________. Small-scale and flexible; Large-scale and infl
Blizzard [7]

Answer:

Small-scale and flexible; Large-scale and inflexible.

Explanation:

Job shops tend to be <u>small scale and flexible</u> while continuous processes tend to be <u>large scale and inflexible</u>.

Job Shop: It is defined as small manufacturing units that produce a specific and customized product in small batches. Most of the products produced in this process have a unique set up. The estimation of costs is generally most difficult when the Job shop process has been chosen.

Continous processes: It is a streamlined process that has a production flow of products from one step to another without any interruption. A larger quantity is produced at one time, not in batches. It requires sophisticated control system.

7 0
2 years ago
A) You have just moved into a new apartment and are trying to arrange your bedroom. You would like to move your dresser of weigh
notsponge [240]

Answer:

A. W = 0joule

B.W = d * w * cos (90 -ø)

Explanation:

work done is force multiplied by distance since the distance covered by the dresser is zero so automatically work done in moving the dresser is 0 (zero)

B. The component of weight of box along the inclined plane = w * cos ( 90 - ø )

Where ø is the angle of inclination to the horizontal

W = weight of body due to gravity.

Since the distance traveled by box due to gravity = d

So therefore:

W = d * w * cos (90 -ø)

W = work done

N.b

See attached sketch for comprehension

4 0
2 years ago
The value of an investment comes from its cash flows.​ Let's say you are intent on receiving​ $45,000 per​ year, starting at the
Licemer1 [7]

Answer:

Interest rate of 11.84% is required to earn desired amount of $45,000 per year from an Investment of $380,000.

Explanation:

Amount of Investment = P = $380,000

Desired Return per month = A = $45,000

Number of Years = n = 10 years

Interest rate = ?

Use following formula to calculate Interest rate:

A = P x Interest rate

$45,000 = $380,000 x r

r = $45,000 / $380,000

r = 0.1184 = 11.84%

6 0
2 years ago
Builder Monty must secure a loan with mortgages on five different lots. What type of loan will he need?
Zielflug [23.3K]

Answer:

B. Blanket loan

Explanation:

According to my research on the different types of loans provided by banks, I can say that based on the information provided within the question the type of loan that Monty will need is called a Blanket Loan. This is because this is a type of loan that is given by a bank in order for an individual to be able to buy multiple pieces of real estate

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
2 years ago
Read 2 more answers
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