Ajapanese company that makes electronic watches exports 90 percent of its products to the united states. which of the following will happen if the dollar strengthens against the japanese yen? a. the company's watches will become less expensive in the us. b. the purchasing power of us consumers will decline. c. the company will have to reduce its number of employees. d. the company will export lesser number of watches to the us.

whats the

answer; microeconomics;

answer; ///blank(1) longer; blank(2); lessi believe this is correct, plz check first; good luck';

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.