Hello there~
The correct answer is C - Email message.
Personal visit is not good because you are too busy with other stuff. You can't send them letter because letter wasn't created to chit chatting about business with people. Messenger is too social media thing. So, email is the best.
I hope this helps!
Answer:
3. Investing is riskier than putting money in a savings accounts.
Explanation:
Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.
Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.
Answer:
The correct answer is letter "C": Wrong and have fallen victim to the fallacy of composition.
Explanation:
The fallacy of composition is a conclusion provided by an individual that assumes just because something applies in part of a whole, the same will apply to the whole. The conclusion does not have enough support and does not take into consideration variables that could change among one part and another of the whole.
Thus, <em>if you conclude that because the logging companies are more profitable when they increase their output all the companies in another different sector should be profitable if they rise their output as well, you would have fallen into the fallacy of composition.</em>
Answer:
Home and Foreign
a. Home's price of corn in autarky = 2 tons of wheat
b. Home's labor force is half of the labor force of Foreign.
Explanation:
a) Data and Calculations:
Number of countries involved in trade = 2
Number of goods produced = 2 (corn and wheat)
Country Tons of corn Tons of wheat
Home 1/2 1
Foreign 1 1/2
International price = 1.5 tons of wheat per ton of corn
Home's price of corn in autarky = 2 tons of wheat (1 / 0.5)
b) In international trade, when the international terms of trade settle at a level that is between each country's opportunity cost, both countries will benefit from the trade. One country will benefit while the other will lose when the trade terms are too above or below this opportunity cost.
