Explanation:
Is the seller licensed?
Is the investment registered?
How do the risks compare with the potential rewards?
Do you understand the investment?
Answer:
D) Quantity sold rose while the effect on price is ambiguous.
Explanation:
Two separate things happened here;
- Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
- Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.
One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.
Answer:
explanation below
Explanation:
The Cuban embargo, known as el bloqueo (the blockade), was one that happened due to Cuba’s expropriation of “some $1.8 billion worth of U.S.-owned property. The US put policies in place to restrict the way other countries engage in businesses with Cuba.
As the embargo continued to affect the people of Cuba, it also cost the US far more than expected. Certain reports has it that the US has lost nearly all its international support for the embargo. The cost of the embargo on the economy of the US was around $130 billion over nearly six decades.
Answer:
Based on the available information, the company should produce 27,900 units of couches in a month. This decision may be different if we have the product profitability information in terms of contribution of each product.
Explanation:
Couches Bed(s)
Production per machine hour (unit) 3 2
Available Capacity (Machine hour per month) 9,300 9,300
Total possible production (unit) (9,300 x 3)-Couches 27,900
Total possible production (unit) (9,300 x 2)-Bed 18,600
Based on the available information, the company should produce 27,900 units of couches since it is the production activities that produces a higher number of units in a month compared to the production of beds which can only yield 18,600 units considering the available production capacity of 9,300 machine hours per month.
The decision may be different if we have the product profitability information in terms of contribution of each product.
