Answer:
12 bananas or 8 apples are needed to purchased
Explanation:
The computation of the number of bananas or the apples is shown below:
Since the income is $24
And, the price of an apple and the price of banana is $3 and $2 respectively
So, the number of bananas is
= $24 ÷ $2
= 12 bananas
And, the number of apples is
= $24 ÷ 3
= 8 apples
Therefore 12 bananas or 8 apples are need to purchased
Costs vs. Benefits is the economic principle that people are motivated by something to take a particular course of action. Hence, option A is correct.
<h3>What is
Breakeven analysis?</h3>
A financial accounting method or technique called breakeven analysis is used to calculate the number of units a business needs to sell at a given price in order to cover all of its costs.
It is a notion that enables entrepreneurs or financial professionals to figure out and know what they must sell either monthly or annually in order to be able to meet the costs of operating the firm.
Thus, option A is correct.
For more details about Breakeven analysis, click here:
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B. Sole proprietorships are not very highly regulated, so they are easy to get started. Most forms of business are easy to expand if they succeed! Getting financing really depends on how likely the lenders think the business is to succeed, irrespective of format. The owner is directly liable for the debts of a sole proprietorship, but even if you incorporate, the bank is likely to want a personal guarantee of the owner for any debt of a new corporation, so it's pretty much the same deal. Taxes could be higher or lower, depending on how the business does and what other sources of income the proprietor has (like their day job!)
Answer:
switch from exporting to overseas manufacturing
Explanation:
- The restrictive trade barriers are those don't favour the trade to take place and they place restrictions on the quality and quantity to be imported into a country.
- Quotas and tariffs are some of the restrictions that are placed by the governments of the countries for the collection of the revenue.
- <u>And increases the forms revenue base through the exports usually done to protect from the cheap labour and to make improvements in the trade deficits and protect the domestic suppliers and infant industries. </u>
Answer:
True
Explanation:
Economic stimulus refers to change in monetary or fiscal policies by the Federal Reserve with growth as an objective. One of the ways of implementing economic stimulus is lowering of interest rates by the Fed.
Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.
In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.
Thus, the given statement is true.