Author Question: Holding other things constant, if the US dollar appreciates, it makes the US exports a. Less ... (Read 155 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
Holding other things constant, if the US dollar appreciates, it makes the US exports
 a. Less attractive to foreigners
 b. More attractive to foreigners
 c. Neither more nor less attractive to foreigners
  d. None of the above

Question 2

Contracting for Lawn Mowing Services An apartment owner advertises for lawn mowing services for a number of apartments he owns. He has some idea of the going price and so he advertises that he will pay 100 per month per apartment complex. So why is he disappointed that the winning contractor only provides minimal services?



Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

a

Answer to Question 2

He has fallen victim to adverse selection. The scope of services offered by lawn service companies differs from the most basic to elaborate manicuring. Because he stated a price he is willing to pay, the only offers he receives are the lower cost, more basic services.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library