<span>b. he/she is not making good use of scarce resources</span>
The behavior of the United States to block China's chip research was to encourage its industries to develop theirs.
<h3>What led to U.S. decision?</h3>
Aftermath of the ban of United states platform in China has led to numerous backlashes from the U.S. authorities as well.
For instance, there have been strict restriction on imported goods from China into the United states.
Hence, the behavior of the United States to block China's chip research was to encourage its industries to develop theirs.
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Answer:
Economic exposure.
Explanation:
Economic exposure is also known as operating exporter is known as a phenomenon where a business's cash flow is affected by currency rate fluctuations. It occurs over the long term and affects product value.
Businesses protect themselves from economic exposure by operational strategies mostly through diversification, and currency risk mitigation strategies.
In this instance Majestic Co a United States company has a competitor in Belgium and so tend to be affected by foreign exchange fluctuations of the dollar to Belgium currency.
Answer:
PED = -1.4 or |1.4| in absolute values, price elastic
Explanation:
the price elasticity of demand (PED) using the midpoint method:
PED = % change in quantity / % change in price
- % change in quantity = {(Q
2 − Q1
) / [(Q2 + Q1)/2]} x 100 = {(200 − 300
) / [(200 + 300)/2]} x 100 = -100 / 250 = -0.4
- % change in price = {(P2 − P1
) / [(P2 + P1)/2]} x 100 = {(1 − 0.75
) / [(1 + 0.75)/2]} x 100 = 0.286
PED = -0.4 / 0.286 = -1.4 or |1.4| in absolute values
Answer:
before tax corportate bond equivalent: 11.15%
Explanation:
The municipal bond are tax-free making them more attractive than normal corporate bonds.
thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:
before tax rate ( 1 - tax rate) = after tax rate
<u>For this case:</u>
the after tax rate is 7.25%
and the tax bracket is 35%
before taxes ( 1 - 0.35) = 0.0725
0.0725/.65 = 0,1115384 = <em>11.15%</em>
