20 points

Suppose a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value. The Lexus sells for 6,000,000 Japanese yen i

yarga [219]

Answer:

1 EUR = 120 JPY

Explanation:

As the purchasing power parity theory, the exchange rate of currency 1 to currency 2 = Cost of good in currency 1 / cost of same valued item in currency 2

In this case, a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro

= price of Lexus in Tokyo/ price of Mercedes in Stuttgart

= 6,000,000 JPY/ 50,000 EUR

= 120 JPY/EUR

3 0

3 years ago

convenient product is the product that is relatively inexpensive item that merits little shopping effort. Is it true or false?

gayaneshka [121]

Answer: True

Explanation:

A convenient product is the product that is relatively inexpensive item that merits little shopping effort.

A convenient product refers to an inexpensive product which requires a little amount of effort from the consumer to purchase it. Some examples of convenience products include soft drink, bread, coffee.

Therefore, the statement given is true.

8 0

2 years ago

cNally Corporation makes a special ski. Next year, McNally expects to produce 20,000 pairs of skis. Seven pounds of fiberglass a

scoundrel [369]

Answer:

Purchases= 137,000 pounds

Explanation:

Giving the following information:

Production= 20,000 pairs of skis.

Required material per unit= 7 pounds

Beginning inventory= 21,000 pounds

Desired ending inventory= 18,000 pounds.

To calculate the direct material purchase, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Production= 20,000*7= 140,000 pounds

Purchases= 140,000 + 18,000 - 21,000

Purchases= 137,000 pounds

3 0

2 years ago

The best explanation as to why direct democracy would not work well in the United States is that

Masteriza [31]

The US general population is far too diverse and the population too large. There is bound to be issues and disagreements on almost all laws that would be passed. With the amount of laws being passed in the state and national government nowadays, people would literally spend most of their waking hour voting rather than being useful members of the society

:)

6 0

2 years ago

The process of first creating and then developing and strengthening capabilities internally

REY [17]

Answer:

B. requires first developing the ability to do something, however imperfectly or inefficiently perform their assigned activities in a tightly-prescribed manner developed by the company's foremost technical experts second, translating this ability into a tried-and-true competence and/or capability by learning to do the activity consistently well and at an acceptable cost, and then continuing to polish, refine, and sharpen their performance of the competence or capability, striving not just for ongoing improvements but, ultimately, for best-in-industry or best-in-world proficiency

Explanation:

If a company chooses to develop it's competencies and capabilities internally and not externally by maybe choosing to outsource experts or merging or collaborating with companies with required competence and expertise, then they would have to follow through with the process of developing and nurturing internal capability and competencies. To proceed with internal competence, a company would need to hire experts if there are none in the company, these experts would train staff who follow through with the process in the option chosen above.

6 0

2 years ago