Explanation:
A. Since a Canadian employee can make two cars or 30 cars of wheat each year, a car's opportunity costs 15 cars of wheat. In the same way, the cost of a wheat bushel is one quarter of a vehicle. The cost of the opportunity is the mutual costs.
B. When all 10 million workers are producing two cars each, a total of 20 million cars is produced, which means that the production opportunities are intercepted vertically. For every 10 million employees produce 30 bushels of wheat each, the horizontal interception between output possibilities is a total of 300 million bushels. Although the trade is still the same between cars and wheat, development incentives are a straight line.
C. When Canada continues to import 10 million vehicles in Canada by the US, It will have to manufacture a minimum of 20 million cars. Thus Canada produces the production opportunities at the vertical dispatch. However Canada will be able to consume 200 million bushels of wheat and 10 million cars if its vehicles are 20 bushels of wheat per car. The offer should be accepted by Canada.
Answer:
The correct option is C. SUV
Explanation:
SUV is the support utility vehicle which is a combination of an on road vehicle with features of an off road vehicle or a house. It will have input of multi purpose furniture, place to rest, cook and excrete , all fixated on an on-road bus or a van.
The producer can use this product to keep a high margin of profit along with giving after sales services. If the vehicle has some running issue or some physical damage, the after sales service can cover that.
Answer:
Follows are the solution to the question:
Explanation:
m = 4,
EAR =
The successful quarter cumulative rate of interest = 8.24 \%
In Method 2 use Tool in Texas:
By Using the (ICONV) worksheet:
1)
To pick the worksheet, click ICONV 2.
2)
Its previous meaning will represent the NOM.
3)
To clear the worksheet, click [CLR WORK] 2nd
Continue as below.
Displayed keystrokes:
NOM = previous value 2nd ICONV:
NOM = 0.00 2nd CLRWORK:
8 DAYS: Name = 8.00.
EFF: DownArrow = 0.00
DownArrow: C / Y = meaning previous
4)
DOS: C / Y = 5.00 p.m.
EFF: DownArrow = 0.00
CPT: FRP = 8.24
Answer:
Reserve Ratio
Explanation:
Using monetary policy, the Federal Reserve increases Reserve Ratio to reduce the money supply in the economy.
The reserve ratio determines the reserve amounts required, by the Federal Reserve, to be held in cash by banks. This money is kept aside by the bank and is not available to be loaned out to the general public. If the Reserve Ratio is increased, more money will be held in reserves hence a reduction in the money supply in the economy.
Answer:
Correct statement:
income will be $15000 less if Product A is made
Explanation:
<u>Contribution if all units made are Product A:</u>
5,000 machine hours / 2 hours per unit: 2,500 units
2,500 units x $14 per unit: $ 35,000
<u>Contribution if all units made are Product B:</u>
5,000 machine hours / 3 hours per unit: 1,666.67 units
1,666.67 units x $30 per unit: $ 50,000
There is a difference of 50,000 - 35,000 = 15,000 in favor to produce B