Businesses and entrepreneurs are more willing to take up projects with high relative profit because they are looking for profits.
Explanation:
The government sponsored projects which are on offer do not generate as much revenue for a firm that they can earn for a similar project in which the per unit cost of production will be covered better as the consumer will be paying them more.
In government funded projects, they will not receive enough benefits from the government to cover their costs and justify the price drop which comes with people expecting lower rates from products associated with the work of the government.
Thus is it viable to work on private projects more.
When a firm plans to issue bonds, it creates a(n) -prime-, which is a legal document that explains its obligations to bondholders?
Answer:
(C) Service-oriented architecture
Explanation:
Service-oriented architecture -
It is a type of software which is designed , to provide the services to other components via application components via a communication protocol in a network .
The principle of SOA does not depend on technologies , products , vendors .
<u>The properties of SOA are as follows -
</u>
1. It is a black box for the consumers .
2. It may consist of other underlying services .
3. It is self-contained .
4. It represents the activity of business with a specified outcome .
Answer:
1) country A has a comparative advantage in production of capital goods.
2) for country A 24 units of food can be traded for 10 units of capital goods,
for country B 30 units of food can be traded for 10 units of capital goods.
Explanation:
country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.
For country A, 120 units of food = 50 units of capital goods, therefore
10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.
for country B 90 units of food is equivalent to 30 units of capital goods, therefore,
(90 x 10)/30 = 30 units of food
