Increase capital markets for example profit market
Answer:
a. Which country has the absolute advantage in producing dates?
Mali
b. Which country has the absolute advantage in producing grain?
None
c. Which country has the competitive advantage in producing dates?
Mali
d. Which country has the comparative advantage in producing grain?
Ireland
Explanation:
Opportunity cost of producing dates:
Ireland = 10 / 5 = 2 tons of grains
Mali = 10 / 25 = 0.4 tons of grains
Opportunity cost of producing grains:
Ireland = 5 / 10 = 0.5 tons of dates
Mali = 25 / 10 = 2.5 tons of dates
Answer:
price increases and Ed equals -2.47
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is inelastic if a change in price has little or no effect on quantity demanded. The absolute value of the coefficient for inelastic demand is less than 1.
If price increases and demand is inelastic, total revenue would increase because there would-be little or no change in quantity demanded as a result of the price increase.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
The absolute value of the coefficient for elastic demand is greater than 1.
If demand is elastic and price is increased, revenue would fall because of the decease in quantity demanded.
If demand is elastic and price is deceased, revenue would rise because of the increase in Quanitity demanded as a result of the fall in price.
Demand is unit elastic if a change in price has the same proportional effect on quantity demanded. The absolute value of the coefficient for unit elastic demand is one.
I hope my answer helps you
<span>A supervisor can take many
steps when it comes to handling unions within the company. First that should be
taken into consideration is, the supervisor’s communication to his/ her people.
The people should know that the supervisor is always available when they need
to talk about the policies of the company and why there is no necessity to have
a third party. The employees should also have the knowledge on what is going on
inside the business. They should always be informed about the standing of the
company in the market. Another is, there
should also be an outlet where the employees can air out their concerns thus
the supervisor should also provide these outlets. Another concern that should be addressed
properly is the fairness of the pay. This means that the principle of paying the
employees must be put into mind; this is that they are paid according to the
work that they do and second is let the employee know that they are paid
fairly. Do this by market surveying the wages every year. Be honest to the
employees by letting them know the economic standing of the company. They will
surely understand the situation. The company must also remember the employees
who stood by them during the hard times by giving them fair returns when the
company is already in a good standing. Next
is, when you see that an employee is making good performance, companies must
also do their responsibility by acknowledging the efforts and giving incentives
for their good performance. </span>
Answer:
$1.85
Explanation:
Fyaway travels reported a net income of $90,000 for the year 2021
During 2021 they declared and paid a cash dividend of $2,125
They also paid $10,000 as cash dividend in common stock
Flyway has 40,000 shares outstanding
Therefore the 2021 basic earning per share can be calculated as follows
$90,000-2,125
= $87,875
40,000 shares+(10,000 shares×9/12)
40,000 shares +(10,000×0.75)
40,000+7500
= 47,500
87,875/47,500
= $1.85
Hence the basic earning per share for 2021 is $1.85
