Answer:
not make sense as long as Xenophobia had a comparative advantage in any good.
Explanation:
Comparative advantage is when a country has a lower cost of production of a good compared to other countries. The country will be able to produce more than it needs and have excess for export.
So if Xenophobia has comparative advantage in for example yam production, and meets its local needs while having excess. It will make no economic sense to waste this excess. Instead it will be better to export the excess and make money for the country.
Answer:
$259.34
Explanation:
the value of the stock can be determined using the two stage dividend discount model.
In the first stage, the present value would be determined using a discount rate of 18%.
In the second stage, the present value would be determined using a discount rate of 6%.
Values from the first and second stage would be added together to determine the value of the stock
First stage
Present value in year 1 = ($3.2 x 1.18) / 1.087 = $3.47
Present value in year 2 = ($3.2 x 1.18²) / 1.087² = $3.77
Present value in year 3 = ($3.2 x 1.18³) / 1.087³ = $4.09
Present value in year 4 = ($3.2 x 1.18^4) / 1.087^4 = $4.44
Second stage
($3.2 x 1.18^4 x 1.06) / (0.087 - 0.06) = 243.57
Value of the stock = $3.47 + $3.77 + $4.09 + $4.44 + 243.57 = $259.34
Answer:
Explanation:
Production possibility frontier (ppf) is a graph which shows the existence of opportunity cost of moving from one combination of goods to another . Its slope is always negative and bowing out or downward sloping because opportunity costs always diminish or go down due to law of diminishing marginal return.
You mutiply the outside number by the 1st number on the inside of the paranthesis
Their economies are highly specialized and depend on international trade for their income.
<h3>What is
income?</h3>
Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.
Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.
Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.
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