Answer:
it promotes specialization by overcoming the problems with barter.
Explanation:
When economies are specialised workers focus on producing what they have competitive advantage in, and all other goods are purchased with the use of money. This increases economic efficiency and improves quality of products.
On the other hand the barter system involves exchange of goods between people. To get what I want I must provide the other person what they want. This promotes diversity of production with one person producing wide range of goods he does not have competitive advantage in.
So money increases economic efficiency.
A variable cost is a corporate expenditure that fluctuates in proportion with manufacture output. Variable costs increase or decrease reliant on a company's manufacture volume; they rise as manufacture increases and fall as manufacture decreases.
Cost equation y = vx + f
$500,000 = 125,000x + 240,000
260,000 = 125,000x
$2.08 = x
Answer: See explanation
Explanation:
The formula to use here will be:
required rate = risk free rate + beta × (market return - risk free rate).
where,
risk free rate = 5%
beta =0.20.
market return = -30%.
Therefore,
required return = 5% + 0.20 × (-30% + -5%)
= 5% + 0.2(-35%)
= 5% - 7%
= -2%
Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%
Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.
Answer:
1.3
Explanation:
Given:
If Good C increases in price by 30% a pound.
This causes the quantity demanded for Good D to increase by 40%.
Question asked:
What is the cross-price elasticity of the two goods ?
Solution:
We can find the cross-price elasticity of the two goods by this formula:
When Good C increases in price by 30% which causes the quantity demanded for Good D to increase by 40%, then the cross-price elasticity of the is Good C and Good D is 1.3.
Because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
When the people from other countries feared for their asset, they will stop importing goods from U.S.
- This will make import reduce and also, the export from U.S. to reduce as well.
In conclusion, because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
Read more about political instability
<em>brainly.com/question/18510154</em>
