Answer:
A
B
C
Explanation:
A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
A person should specialise in the production of goods for which they have a comparative advantage. this maximises total output
Calvin has a comparative advantage in making decals because he is faster compared to Hobbes. He should specialise in making decals.
Hobbes has a comparative advantage in making shirts because he is faster compared to Calvin. He should specialise in making shirts
Answer:
C)
Explanation:
Based on the scenario being described within the question it can be said that the exception in these answers would be selling the finished clocks to customers. This is because this is a process that is done AFTER all the manufacturing processes have been done and the final output has been created. The question is asking about the processes BEFORE the final output.
Based on the information given the cost of the 6 pounds of trail mix is $18.00.
Pounds of almonds=x
Pounds of raisins=(x + 2)
Hence,
Pounds of raisins=2+2
Pounds of raisins=$4
Since pound raisins is $2.00 and a pound of almonds is $5.00, cost of 6 pounds of trail mix will be calculated as:
Cost of trail mix= ($4 × 2) + (2 × $5)
Cost of trail mix= ($8 + $10)
Cost of trail mix= $18.00
Inconclusion the cost of the 6 pounds of trail mix is $18.00.
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Answer:
The correct answer is letter "C": Revenue.
Explanation:
Revenue tariffs are those imposed when a government has the intention of earning a profit from business revenues. This is done with the intention of financing the government's operations to fulfill its objectives but usually has a negative effect on the market price levels.
Answer:
1) cash at issuance 2,955,000
2) cash for maturity 3,000,000 plus 210,000 interest = 3,210,000 total cash outlay at maturity
3) cash interest 210,000
Explanation:
1) It will receive 98.5/100 of the face value
3,000,000 x .985 = $2,955,000
2) at maturity it will still have to pay the face value regardless of the amount received for the bonds aty issuance thus; $3,000,000 We will also have to add up the interest for the last period.
3) the cash interest will be considered using the face value and the coupon rate of 7% regardless of current market rate and market price of the bond.
3,000,000 x 7% = 210,000
