Business

Business, 10.07.2019 17:00, juicemankinnie95

Suppose the market for hamburgers is unregulated. that is, hamburger prices are free to adjust based on the forces of supply and demand. if a shortage exists in the hamburger market, then the current price must be

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Social Studies, 24.06.2019 01:30, ashuntihouston14

Foreign exchange market by business & economics research advisor, from the library of congress in 1971, u.s. dollars were no longer exchanged for gold; and in 1973, the floating exchange rate system that governs the fx market today was put into place. now, all currencies are valued by the market forces of supply and demand. since the abandonment of the gold standard, the fx market has become an important part of international economics. with the advent of floating exchange rates, the foreign exchange market has become unregulated. no institution sets rules for trading, and it is not under the supervision of any international organization. when necessary, governments and central banks often work together to restore stability to the fx market. foreign exchange and international trade are closely connected. together, they affect the economic situation of people throughout the world.currently, the foreign exchange rate for all world currencies is a) a fixed exchange rate, based on the u.s. dollar. b) a floating exchange rate, based on the u.s. dollar. c) a fixed exchange rate, based on market forces of supply and demand. d) a floating exchange rate, based on market forces of supply and demand.the right answer is d) a floating exchange rate, based on market forces of supply and demand.

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Business, 25.06.2019 10:30, quaseabrough1

The pricing system consider the market for hamburgers in an economy where the market equilibrium is characterized by a quantity of hamburgers of 50 million and a price of $5.00 per hamburger. suppose that currently 80 million hamburgers are being produced and sold at a price of $2.50. this outcome in the market for hamburgers is economically because: the opportunity cost of producing the last hamburger equals the marginal benefit of consumption. some hamburgers produced incur opportunity costs of production that exceed their value or marginal benefit to consumers. which of the following must be true for a market to be able to achieve an efficient outcome? check all that apply. firms can freely enter or exit the market without any barriers. private property rights are well-defined and enforced. the market price is determined solely by the forces of supply of and demand for a good. evaluate the following statement. true or false: prices tell entrepreneurs which areas of the economy they may profitably expand into. true false evaluate the following statement. true or false: a good's market price communicates important information to decision makers in the economy. true false

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Social Studies, 02.07.2019 06:00, 327klm18

The market demand curve is the best visual representation of which statement? a) "widgets are immune to the market forces of supply and demand." b) "buyers have a negative incentive to purchase larger quantities of widgets at lower prices. as the price drops, there is an direct relationship to the quantity demanded." c) "consumers are willing and able to purchase various quantities of widgets at prices up to approximately $5. at higher prices, they will demand fewer widgets. but at lower prices, they will demand a greater number of widgets." d) "the law of supply states that widget prices are inversely related to the quantity that will be offered for sale. as the price of widgets drops, suppliers are encouraged to increase the quantities they are willing to offer for sale."

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Business, 24.10.2019 04:30, sarahgarza5440

Suppose the market for hamburgers is unregulated. that is, hamburger prices are free to adjust based on the forces of supply and demand. if a surplus exists in the hamburger market, then the current price must be or lower? ) than the equilibrium price. for the market to reach equilibrium, you would expect to offer lower prices, or buyers to offer higher prices, or persistent excess supply? )

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