Answer:
a. $203.125
Explanation:
Calculation to determine the net profit/loss on this option to the investor
Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)
Net profit/loss=(0.015-0.0215)*31,250
Net profit/loss=0.0065*31,250
Net profit/loss=$203.125
Therefore the net profit/loss on this option to the investor will be $203.125
Answer:
<em>Accounting is the process of recording financial transactions pertaining to a business.</em>
The answer is: by cheap foreign labor
Currently, most of the corporations that operates in america manufacture their products in countries such as China, india, indonesia, phillipines, or Eastern European countries.
People who live in those countries typically have lower standard of living. Because of this, they can agree in receiving salary that are considerably lower compared to the minimum wage in united states.
Answer:
Employable: suitable for paid work.
Answer:
Circular flow diagram.
Explanation:
The circular flow diagram simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic behavior.
The firm sells their goods and services in the market while the household buys these goods and services.
Hence, the circular flow diagram represents the interaction between the household and firms with respect to the market.