Answer:
A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.
Explanation:
US 1 ton of potatoes or 0.5 tons of wheat = 2
Ireland 3 tons of potatoes or 2 tons of wheat = 1,5
Answer:
C.) The law will have no impact on the market.
Explanation:
The minimum wage refers that the producers could charge high amount as compared with the wages i.e. minimum also the equilibrium wage would be more than the minimum wage so this represents that the market is an equilibrium point and hence there is no impact on the market
Therefore the option C is correct
And, hence all the other options are wrong
Answer:
The current price is $34.40
The price be in three years is $38.70
The price in 15 years is $61.95
Explanation:
In this question, we apply the Gordon model which is shown below:
= Next year dividend ÷ (Required rate of return - growth rate)
where,
Current year dividend
For one year
= $2.15 × (1 + 4%
)
= $2.15 × 1.04
= $2.236
The other items rate would remain the same
Now put these values to the above formula
So, the value would equal to
= 2.236 ÷ (10.5% - 4%)
= $34.40
The price is three years would be
= $34.40 × (1.04) ^ 3 years
= $34.40 × 1.124864
= $38.70
The price is 15th years would be
= $34.40 × (1.04) ^ 15 years
= $34.40 × 1.8009435055
= $61.95
The online commercial bank.
(But I am not sure if that is an option, let me know and I can switch the answer to an accurate one.)
