Answer: D) 1817
David Ricardo development the theory of comparative cost in 1817 to explain why countries engaged in international trade.
Answer: There are several factors that need to be considered while delivering the bad news some of which are careful explanation, deadlines for change, direct message and showing of concern.
Explanation: The above points can be explained as follows :-
a. An honest explanation should be given to the receiver behind the delay in product and reasons should be mentioned .
b. The deadlines and action decided to be taken for not repeating such delay in future again should also be explained.
c. The message should be delivered in plain language that could be easily understood.
d. concern and apology should be shown while delivering the message to whom the delivery is to be made.
Answer:
D. The cost of living in the country is lower than that of France
Explanation:
PPP or Purchasing Power Parity is a measure of the cost of living in different countries. When GDP Per Capita is computed accounting for PPP, significant differences can show up between this measure and Nominal GDP Per Capita, this is because of differences in the cost of living among countries.
If the GDP Per Capita Nominal of a country is lower than that of France, it means that measured by US Dollars, the other country produces less output per person than France. However, if the GDP Per Capita PPP of the same country is higher than that of France, it means that even if output is less, people in the other country can buy more things with less income than people in France. (Remember than when calculating GDP, output is the same as income).
Answer:
Selective incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a time.
Answer:
Break-even point (dollars)= $15,500,000
Explanation:
Giving the following information:
The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Marigold incurs $5735000 in fixed costs.
The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%
<u>To calculate the break-even point in dollars, we need to use the following formula:</u>
Break-even point (dollars)= Total fixed costs / Weighted average contribution margin ratio
Break-even point (dollars)= 5,735,000 / (0.3*0.65 + 0.5*0.35)
Break-even point (dollars)= $15,500,000
