Explanation:
Italy's opportunity cost of producing a pound of cheese is
= 5 barrels of beer
Germany's opportunity cost of producing a pound of cheese is
= 10 barrels of beer
Italy's opportunity cost of producing a barrel of beer is
=
= 0.2 pounds of cheese
Germany's opportunity cost of producing a barrel of beer is
=
= 0.1 pounds of cheese
Italy has a comparative advantage in producing cheese, while Germany has a comparative advantage in producing beer.
A country is said to be enjoying a comparative advantage if it can produce a good at a lower opportunity cost.
Italy can gain from trade if it is getting more than 5 barrels of beer for each pound of cheese. Similarly, Germany can gain from trade if it is getting more than 0.1 pounds of cheese.
Both the countries will gain from the trade if the price of trade is 8 barrels of beer per pound of cheese and 9 barrels of beer per pound of cheese.
Italy will not accept 3 barrels of beer per pound of cheese and 1 barrel of beer per pound of cheese because it is not covering the opportunity cost.
Answer:
The amount of the annual payment that Sara must make at the end of each year for 13 years is 1265.75
Explanation:
future value = $23900
FVA(6%,13) = ((1.06^13) - 1)/0.06)
= 18.88214
amount of annuity payment = future value/FVA
= 23900/18.88214
= $1265.7464
Therefore, The amount of the annual payment that Sara must make at the end of each year for 13 years is 1265.75
Answer:
1. c. sole partnership
2. d the owner
3. b a propietor
4. d form a limited liability company
5. d a partnership
6. c limited and general
7. b each general
8. a corporation
9. a the government
10. d legal protection
Explanation:
i just finished Types of Buisness Arrangements hope this helps
Answer:
Correct option is c.
That is heavy cost and high regulations <u>raise cost of production so that the aggregate supply curve shifts to the left .
</u>
Explanation:
Supply curse shifting towards left means there is decrease production efficiency .
- TAXES MEANS it is the compulsory monetary payment which later get contributed in the state revenue .
- REGULATIONS MEANS a set of rule which is maintained by a superior authority .
Answer:
yes few like few not .
sometimes it's even worst