If the dollar per pound exchange rate changes from $1.50 per pound to $2 per pound, it implies that the dollar has appreciated against the pound.
Answer the following statement true (T) or false (F)
False
Economics
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Suppose compensation is given by W = 450,000 + 220 ? + 15S, where W = total compensation of the CEO, ? = company profits (in millions) = $300, and S = sales (in millions) = $500. What percentage of the CEO's total earnings is tied to profits of the firm?
A. 43.4 percent B. 12.6 percent C. 7.9 percent D. 6.0 percent
Economics
Bob could do 3 broken legs and 7 bandage wounds, James can do 2 broken legs and 5 bandages wounds Bob has both absolute advantages
What will be an ideal response?
Economics