The statement “There is no point
in trying to anticipate things before they happen” is true. Life is complicated;
thinking of things ahead of time will only make matter worse. In order to have
a happy life, one must only think of the current situation and resolve it one
at a time. Stop living with what ifs and
start living with why not.
Answer:
C) Exchange permits trading partners to expand their total output of goods and services as the result of greater specialization in areas where each has a comparative advantage.
Explanation:
When an economy specializes in the production of a good, it will generally do so on the products that it can produce at a lower opportunity cost. Advantages in trade result from comparative advantages, not absolute advantages. This way the economy can exchange "cheap" products (cheap for them to produce) for more expensive ones, thus resulting in gain.
Answer:
Debt to Equity ratio = 2
Explanation:
The debt to equity ratio is a financial ratio to measure the proportion of debt financing in a company's capital structure in relation to the shareholders' equity. The debt to equity ratio can be calculated as follows,
Debt to Equity ratio = Total Liabilities / Total Equity
To calculate the value of total equity, we will use the basic accounting equation which is,
Total assets = Total Liabilities + Total Equity
60000 = 40000 + Total Equity
Total Equity = 60000 - 40000 = $20000
Debt to Equity ratio = 40000 / 20000
Debt to Equity ratio = 2
I think the correct answer from the choices listed above is the third option. Price ceilings are often established in order to keep products affordable for consumers. <span>A </span>price ceiling<span> is a government-imposed </span>price<span> control or limit on how high a </span>price<span> is charged for a product. </span>