Answer:
Germany has some strategic advantages discussed below.
Explanation:
Germany is a nation within the European Union and this gives it some advantages than other low cost economies like U.S and Taiwan.
1. Germany has a comparative advantage in technology. With the high level of technological development in Germany the country is a perfect place for producing quality product. Since it uses more of capital intensive production, the man hours required will be low.
2. There is free flow of goods, services, and workers accross EU states. This will reduce cost of procurement of raw materials needed in production. In other low cost economies transportation may attract high cost that will not justify the lower wages.
3. The use of common currency with surrounding countries will reduce tarrifs and other related charges with importation of goods needed in production process in Germany.
I would close your eyes for intervals of ten seconds before hand, this helps me for temporarily.
Answer:
The correct answer is Unambiguously higher equilibrium quantity, and equilibrium rental rates could be higher or lower.
Explanation:
An economic equilibrium is a state of the world in which economic forces are balanced and in the absence of external influences the values of economic variables do not change. It is the point at which the quantity demanded and the quantity offered are equal, a market equilibrium, for example, refers to the condition in which the market price is established through competition so that the quantity of Goods and services desired by buyers is equal to the amount of goods and services produced by sellers. This price is usually called the equilibrium price and tends to remain stable as long as demand and supply do not vary.
For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:
3995 + 225.50x = 6500 + 100.25x
solve for x:, and get x=20
so 20 tons of sugar will give the companies the same cost.
For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:
y= 3995 + 225.50(20)
y=$8,505 for the total cost
To find Simon's maximum amount he can borrow against his home you will use the Home Loan Value Formula.
Home is worth: $400,000
Remaining balance: $175,000
Borrow: up to 75% on home
First, you'll want to take the market value of $400,000 and multiply it by 75% (.75) which gives you $300,000.
Then, you'll need to subtract what Simon owes on the home to find the amount he can borrow.
$300,000 - $175,000 = $125,000
Simon can borrow $125,000 against his home.