Answer:
Brazil has comparative advantage in Ethanol.
Both US & Ethanol can gain from trade, if they specialise in their good of comparative advantage & import the other at lower opportunity cost.
Explanation:
Comparative advantage is when an economy can produce a good with lesser opportunity cost than other economy.
Brazil can produce ethanol at lower opportunity cost, as it uses lesser resources to produce Ethanol, compared to US.
So, Brazil has comparative advantage in producing ethanol. Both US & Brazil can gain from specialisation : As, US can get more ethanol at lesser than domestic opportunity cost. And, Brazil can also gain from trade by importing the good in which US has better opportunity cost & comparative advantage, in exchange of exported ethanol. It would imply Brazil would get more of the other good at lesser than domestic opportunity cost.
Answer:a) --A -$50.00
Explanation:
Using days of year = 360 days
Interest due = Principal x rate x period
= $1500 x 10% x 120/360
= $50
The total interest due on the maturity date is:__$50.00___
Answer: incidental beneficiary
Explanation:
An incidental beneficiary refers to an individual who isn't a party to a contract but later becomes a third party beneficiary who is unintended to the contract.
It should be noted that the incidental beneficiary has no rights that are enforceable under the contract. With regards to the question, Jim suffered losses as a result, but he had no rights in the contract because he was an incidental beneficiary.
Because the Bic pens have been on the market for a long time, they uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase.
<h3>What is a
reminder advertising?</h3>
This is a type of advert that aims to remind the existing audience that the firm's product or service is available.
Therefore, the companies uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase because it is less expensive than an elaborate advertisement.
Read more about reminder advertising
<em>brainly.com/question/9938991</em>
