Suppose a French bottle of champagne costs 23 euros. a. If the euro–dollar exchange rate is 0.94 euro per dollar, so that a dollar can buy 0.94 euro, how much will the champagne cost in the United States? Instructions: Enter your response rounded to two decimal places. Price of champagne in the United States: $ . b. If the euro–dollar exchange rate rises to 1.30 euros per dollar, how much will the champagne cost in the United States? Instructions: Enter your response rounded to two decimal places. Price of champagne in the United States: $ . c. If an increase in the euro–dollar exchange rate leads to an increase in Americans’ dollar expenditures on French champagne, what will happen to the amount of dollars supplied to the foreign exchange market as the euro–dollar exchange rate rises? The amount of dollars supplied to the foreign exchange market will .

Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?