Which of the following scenarios exemplifies the purchasing power parity (PPP) theory? A cell phone manufactured in Russia costs lesser in UK than in Egypt. A cell phone manufactured in Russia costs the same in UK and Egypt. A cell phone manufactured in Russia costs lesser in UK and Egypt than other countries. A cell phone manufactured in Russia costs more in UK than in Egypt.

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.