Answer: the economic principle of comparative advantage
Explanation:
Comparative advantage could be described as an economy's capability to produce a particular product at than the price competitor would offer. A comparative advantage could also be described as handling two jobs but being better in one than the other. One of the jobs could be primary duty while the other is secondary, one fetches income than the other which may or may not fetch an income or having a job that supplements the work you do for the other one
From the paragraph, both America and Chile farm fruit in their various reasons but United State does it better than Chile based on her massive manufacturing industry. The United states comparative advantage is her large manufacturing industry which helps her to be better than Chile in the fruit production.
No , he is not correct
Explanation:
He's not right, because other factors, such as recession, economic crisis, large debts, etc, might be the source of the bad performance.
It means not that bad performance stops next year, so a lot of money can be wasted if the bad performance carries on.
Investors find some negative factors significant to mutual funds, like high cost ratios paid to the investor, undisclosed front and back-end costs, lack of control over investment decisions and skewed returns, that are perceived to be bad investments.
Answer:
The probability of pet dogs adopted between 15% and 20% is 0.4096.
Explanation:
Let <em>X</em> = number of pet dogs adopted from an animal shelter.
The proportion of pet dogs adopted from an animal shelter is, <em>p</em> = 0.19.
The sample of pet dogs selected is of size, <em>n</em> = 80.
A Normal approximation to Binomial can be applied in this case since,
- np = 80 × 0.19 = 15.2 > 10
- n(1 - p) = 80 × (1 - 0.19) = 64.8 > 10
So the sample proportion (
) of pet dogs adopted from an animal shelter follows a normal distribution.
Mean of is:
Standard deviation of is:
Compute the probability of between 15% and 20% as follows:
Thus, the probability of pet dogs adopted between 15% and 20% is 0.4096.
Answer:
28.06
Explanation:
The formula for calculating this is,
(Average Account Receivable / Net Sales Revenue) * 365
Hence the answer is calculated as:
(69050 / 898000) * 365 = 28.06.
Hope this helps.
Good Luck.
