Describe how a change in the exchange rate affected your firm. Explain what happened to your price
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Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate?
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EXCHANGE RATE is the rate at which one countrys exchange its currency with another country According to Economics time the Price of one countrys currency in terms of another countrys currency is known ...View the full answer
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Divya Gupta
I started studying economics in my school days. I realised, I enjoy analysing things connected to the society and mother nature. Since my childhood days, I have witnessed my family focusing upon the correct utilization of household items and guiding towards understanding the value of the available resources and their proper utilization. I beleive, this somehow further boosted my interest towards Economics as a career option.
For me Economics is all about making right decision at the right time and studying the possible outcomes. I have an analytical approach towards things I do. I beleive, that help me to understand a wide range of issue from what determines the price, causes and consequences.
The journey of my teaching was started when I was in my graduation, during that days I used to help one of my junior who was in the 1st year and I was in my final year. I helped him in learning about the basics and clear all his doubts by relating with the real life examples.
In my master's day also I used to give home tuitions.
I make them understand how to learn and not only what to learn.
I teach commitment and hardwork such that it makes one capable of believing in themselves and doing anything they want to do.
I also genuinely enjoy sharing my knowledge with people.
Being a teacher allow me to be a student for life. As I love teaching and i love learning. I love helping other people learn. Teaching provides me a way to know that i am making a positive changes into some one's future.
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Related Book For
Managerial Economics
ISBN: 9781337106665
5th Edition
Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward
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