An example of a quantity restriction is an import quota. (Option B). See explanation for same below.
<h3>What is import quota?</h3>
Import quotat is a kind of restriction that is used to control the maount of goods that is allowed into a country.
Sometimes it is used to restrict the quality of goods whose consumption the government wants to discourage.
Hence, it is correct to state that an example of a quantity restriction is an import quota. (Option B).
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The true statement is Nation Alpha has a comparative advantage in producing chemicals. (second option)
<h3>What is comparative advantage?</h3>
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. Opportunity cost is the cost of forgoing the next best alternative action when one activity is undertaken over other activities.
For Nation Beta:
Opportunity cost of producing chemicals : 800 / 1600 = 0.5
Opportunity cost of producing clothes : 1600 / 800 = 2
For Nation Beta:
Opportunity cost of producing chemicals : 200 / 800 = 0.25
Opportunity cost of producing clothes : 800 / 200 = 4
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The enterprise value-to-EBIT (Ev/EBIT) multiple $225 million.
The EV/EBIT Multiple is the balance between enterprise value (EV) and earnings before interest and taxes (EBIT).
Considered one of the most repeatedly used multiples for comparisons among companies, the EV/EBIT multiple relies on working income as the core driver of valuation.
<h3>What is the enterprise value to EBIT EV EBIT multiple?</h3>
Enterprise Value to EBIT (EV/EBIT), also called EV Multiple is a ratio used to to value a company and deliver useful comparisons between similar companies. It is used in trading comparable research and uses the EBIT of a company as the driver of its value.
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Answer:
On the short run, most factors of production are fixed since both wages and prices are sticky, but on the long run, all the factors of production are variable. So firms cannot decide which factors to keep fixed or not, they simply are fixed or not.
A variable factor of production is one whose input level can change in the short run, e.g. a company can extend working hours from the regular 8 hours a day to 10 hours per day.
A fixed factor is one whose input level cannot be changed in the short run, e.g. it takes several months or even years to build a new production facility, lease contracts usually last 3-5 years.
Answer:
Question 01:
the answer is true! contracts can be fulfilled and discharged by those ways. depending on the agreements the contracting parties have!
Question 02:
1. Breach : b. The failure, without legal excuse, to perform the obligations of the contract Anticipatory
2. Tender: c. The unconditional offer to perform by someone who is ready, able, and willing to perform
3. Repudiation: a. An indication before the deadline of a contract by word or action that a party will not perform the obligations of the contract
Explanation: