Answer:
The correct answer is option C.
Explanation:
The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.
In other words, if the country can produce good cheaply or at a lower opportunity cost.
The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.
Answer:
b) $1,900
Explanation:
The computation of the total liabilities is shown below:
= Accounts Payable + Deferred revenue
= $700 + $1,200
= $1,900
The other items are related to the expenses which are shown in the income statement and current assets which are shown on the balance sheet
Therefore, only two items are shown in the total liabilities.
Answer:
The correct answer is letter "A": The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.
Explanation:
Most purchases nowadays are being processed online. The easiness to access to a wide variety of products and the methods of payments causes more people to buy online. Besides, the number of retailer stores with mobile apps is increasing so there is no need to have a computer to make the purchases online since they can be made with a phone. This scenario is fading the line that used to separate traditional retailing with online retailing.
True total utility always decreases when marginal utility is present
Mike brought 100 shares costing $53 each.
Total costs of shares= 100*53
=$5300
He got dividends of $1.45 per share. A dividend is money that is earnt back from a share.
Total dividend amount = 1.45*100
=$145
I'm assuming that Mike sold his shares at the end of the year. He sells for $60 each.
Total sales amount=60*100
=$6000
The rate of return in this instance can be defined as the amount of money made back from a share.
Rate of return= total earnings/ costs
Total costs= $5300
Total earnings=$6145
6145/5300=1.1594
=15.9%
Hope this helps! :)
