What is the best source to check if you have a complaint?

"distinguish between an absolute advantage and a comparative advantage. cite an example of a country that has an absolute advant

xxTIMURxx [149]

Answer:

Distinguish between an absolute advantage and a comparative advantage is discussed below.

Explanation:

Absolute advantage and a comparative advantage

Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
Trading judgments based on comparative advantage between nations are forever respectively advantageous.

5 0

3 years ago

An oil refinery is located on the north bank of a straight river that is 3km wide. A pipeline is to be constructed from the refi

Mariulka [41]

Answer:

$6,598,076.21

Explanation:

<h2>THE KEY IS TO FIND OUT THE COST FUNCTION, the calculations are very easy!!!</h2><h2></h2><h3>In order to find the cost function, take a look at the drawing attached. </h3>

We can see the river (sort of) that is 3 km wide and the storage tanks on the other side of the river 8 km apart.

<h3 />

Laying pipes under (across) the river costs 1,000,000 the km & laying pipes over land costs 500,000 per km.

<h3 /><h3>So basically the cost function is 1,000,000 multiplied by something plus 500,000 multiplied by another something.</h3><h3 />

The distance across the river can be found by using Pythagoras Theorem. A side is 3 km the other is unknown, so we call it X. And it is equal to:

$\sqrt{3^{2} +x^{2}}=\\\sqrt{9 +x^{2}}$

And we multiply it by 1,000,000; the cost of laying pipe under the river, the we get:

$1000000\sqrt{9+x^{2}$

The distance over the land is (8-x), as we can see in the drawing. So we multiply it by its cost, 500,000. And we get 500,000(8-x).

So the cost function f(x) would be:

$f(x)=1000000\sqrt{9+x^{2}} + 500000(8-x)$

<h2>From here, we just have to differentiate and the derivative found must be equal to zero in order to minimize cost. </h2><h3>The value of x when the derivative is zero is plugged in the original function to get the cost.</h3><h3 /><h2>LET'S DO THIS</h2>

$f(x)=1000000\sqrt{9+x^{2}} + 500000(8-x)\\f(x)=1000000(9+x^{2})^{1/2}+4000000-500000x\\f'(x)=\frac{1}{2} 1000000(9+x^{2})^{-1/2}(2x)-500000\\\\f'(x)=\frac{1000000x}{\sqrt{9+x^2}} - 500000$

$f'(x)=\frac{1000000x}{\sqrt{9+x^2}} - 500000=0\\\frac{1000000x}{\sqrt{9+x^2}} = 500000\\\frac{2x}{\sqrt{9+x^2}} = 1\\2x={\sqrt{9+x^2}}\\4x^2=9+x^2\\3x^2=9\\x^2=3\\x=\sqrt{3} \\$

And we plug square root of 3 in the original cost function ad we get

$f(\sqrt{3} )=1000000\sqrt{9+x^{2}} + 500000(8-x)\\f(\sqrt{3})=1000000\sqrt{9+(\sqrt{3} )^{2}} + 500000(8-(\sqrt{3}))\\f(\sqrt{3})=1000000\sqrt{9+3} + 500000(8-(\sqrt{3}))\\f(\sqrt{3})=1000000\sqrt{12}+500000(6.27)\\f(\sqrt{3})=1000000(3.46)+500000(6.27)\\f(\sqrt{3})=3464101.62+3133974.60\\f(\sqrt{3})=6598076.21\\$

<h2>so the minimal cost is $6,598,076.21</h2><h2 /><h3 />

6 0

3 years ago

Your company introduced a new product one month ago. Since then, the Website has processed so many orders that the shipping and

blondinia [14]

Answer: The web team can create a FAQ page.

Explanation: FAQ is an abbreviation for Frequently Asked Questions. A FAQ page is a page on an c ecommerce store, where answers to important questions about a company or its products and services have been stored. This is done to clarify the uncertainties of customers and show them how the company or its products and services work.

This will greatly help the company reduce questions directed to sales team, as customers can easily find answer to their questions in the FAQ page

3 0

3 years ago

Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM

mihalych1998 [28]

Answer and Explanation:

The preparation of the schedule of cash collections from sales for October, November, and December is presented below:

Particulars October November December

Sales $58,000 $65,000 $72,000

Cash sales $14,500 $16,250 $18,000

($58,000 × 0.25) ($65000 × 0.25) ($72,000 ×.25 )

Credit sale $43,500 $48,750 $54,000

($58,000 - $14,500)

September account receivable $35,000

current month payment

October credit sale: $13,050 $30,450

($43,500 × 30%) (43500 ×70%)

November credit sale $14,625 $34,125

($48,750 × 30%) (48750 × 70% )

December credit sale: $16,200

($54,000 × 30% )

Total cash collected $62,550 $61,325 $68,325

($14,500 + $35,000 + $13,050) ($16,250 + $30,450 + $14,625) ($18,000 + $34,125 + $16,200)

5 0

3 years ago

Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,00

xeze [42]

Answer: The correct answer is e). 3.67%

Explanation: An ordinary annuity is a series of payments made at the end of each period.

The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)

Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.

Therefore; 3500000 = 250000×((1-(1+r)^-20)/r

This will give the rate as 3.67%

4 0

3 years ago