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Inessa [10]
2 years ago
13

Suppose Tran studies in Vietnam. He buys a bowl of pho (noodle soup) for 250 baht. Tran remembers paying $8 for a similar bowl o

f pho before he left the United States. If purchasing power parity held exactly, the exchange rate would be ________baht per dollar (round your answer to two decimal places).
Business
1 answer:
mrs_skeptik [129]2 years ago
6 0

Answer:

31.25 baht/$1

Explanation:

It is obvious that the dollar is a stronger currency among the two currencies, hence, in order to determine the amount of baht that one dollar would exchange for, we need to divide the price of bowl of pho in the weaker currency by the amount of the same bowl of pho in the stronger currency as shown by the formula below:

baht/$=price of bowl of pho in baht/price of bowl of pho in $

price of bowl of pho in baht=250 baht

price of bowl of pho in $=$8

baht/$=250 baht/$8

baht/$ exchange rate=31.25 baht/$1

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A consultant hired by your organization has advised your manager to increase his team's cohesiveness. he asks you, "what benefit
Natalija [7]

Answer:

  • <u>Members of teams with high cohesiveness feel higher loyalty to the team and have better job satisfaction.</u>
  • <u>Teams with high cohesiveness are generally more productive due to the energizing effect of regular interaction among team members.</u>

Explanation:

Remember, cohesiveness looks at the degree to which team members <em>stick</em> together in times of difficulties.

Also cohesive teams are good communicators; they would involve in regular interactions among team members, an attitude which when applied to an organisation setting would increase the team's productivity.

7 0
2 years ago
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A company acquired an office building on three acres of land for a lump-sum price of $3,150,000. The building was completely equ
Furkat [3]

Answer:

$1,680,000

Explanation:

Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.

Therefore the amount that the company would record the building is $1,680,000.

6 0
2 years ago
In terms of dollars, the marginal benefit of working five days a week instead of four days a week is A) the wages received for 4
dalvyx [7]

Answer:

B) the wages received for the fifth day of work.

Explanation:

Marginal benefit is the increment in benefit generated by an increase by one unit of output. In this situation, the marginal benefit is given by difference in wage of working five days a week from the wage of working four days a week. Therefore, the marginal benefit is the wage received for the fifth day of work.

The answer is alternative B)

7 0
2 years ago
Which idea best explains the Datasheet view?
nydimaria [60]

Answer:

a default setting for displaying all the data in a table

Explanation:

Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.

It also allow options for enter, delete or modify the data in a table.

Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table

3 0
2 years ago
A​ 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of​ $1,000 in five years. Today​ (year 0) the equi
zavuch27 [327]

Answer:

$650

Explanation:

Guaranteed Residual Value = FV = $1,000

Interest rate = r = 9% = 0.09

Number of years = n = 5 years

Using Following formula we can calculate today's worth of the engine.

Residual value after 5 years = Today's value x ( 1 + rate of interest )^number of years

FV = PV x ( 1 + r )^n

$1,000 = PV x ( 1 + 0.09 )^5

PV = $1,000 / ( 1.09 )^5

PV = $649.93

PV = $650 (rounded off to the nearest whole number)

5 0
2 years ago
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