Shania operates an event-planning business and specializes in organizing corporate events. Her business is new but although she
1 answer:
You might be interested in
Answer: The answer is as follows:
Explanation:
From these numbers, we can conclude that USA has a comparative in producing cars and France has a comparative advantage in producing bottles.
Opportunity cost shows that how many units of one good have to be foregone in order to produce one additional unit of other good.
In USA:
Opportunity cost of producing bottles =
= 0.75
Opportunity cost of producing cars =
= 1.33
In France:
Opportunity cost of producing bottles =
= 0.55
Opportunity cost of producing cars =
= 1.8
Above calculations clearly shows that USA has a lower opportunity in producing 1 unit of car as compared to the France, so it has a comparative advantage in producing cars.
Whereas, France has a lower opportunity in producing 1 unit of bottle as compared to the USA, so it has a comparative advantage in producing Bottles.
Answer:
The answer is "Option D".
Explanation:
The amount accrued in the pension system until now
Danger or security account proportion
The percentage of the amount kept in a safe account
Number of investment years owned by
Risk-free return rate
Combined total amount up to age 63 (formula for the current value) =
The contribution is a year and the employer corresponds with the same amount for the pension plan.
Total annual contribution
Risk-free or healthy account proportion
Amount invested annually
Annual deposit amount (n) for years
Returns free of risk
An cumulative sum due to an annuity
Total amount accumulated in safe account of annuity