8) The to field
9) Procrastinating
10) to arrive at a resolution
Answer:
If all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
Explanation:
The concept of production possibility curve shows the different commodities that can be produced in a given economy, given the prevailing level of technology, if all available resources are efficiently utilized. The idea behind production possibility curve is that in other for in order to produce a particular commodity, the production of another commodity has to be scarified provided that i.e if all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced
Answer:
$4,000
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest × number of months ÷ (total number of months in a year)
= $100,000 × 12% × ( 4 months ÷ 12 months)
= $4,000
The four months is taken from Jan 2022 to May 2022
We simply applied the simple interest formula to determine the interest expense and the same is shown above
Both an increase in imports and increase in exports can contribute to economic growth by increasing the Gross Domestic Product. Gross Domestic Product is the monetary value of all the finished goods and services produced within a country's border in a specific period of time, as defined in Investopedia.
Answer:
a) If manager weighs factors equally, the composite factor rating scores will be A = 5.6, B = 6.3, and C = 6.3 approximately. B and C are equal and better than A in terms of highest average score.
b) When double weights are assigned to business services and construction costs, the composite factor rating scores will be A = 5.9, B = 6.1, and C = 6.0 approximately. B is the best in terms of highest average score.
Explanation:
Composite Factor Rating scores are obtained by obtaining the mean or average of the scores under each location in order to give data points that can be used for making decisions.
The assignment of weights will differentiate the factors and change the decision outcome.
An excel copy is attached showing the derivations for a and b.
