Answer:
6 Cookies {or any >5, <7)
Explanation:
Theory of Comparative Advantage states : A person/ economy having lesser opportunity cost (i.e other good sacrifised) to attain a good, should sell it to - other person/ economy having the good's higher opportunity cost.
Trade is beneficial if the terms of trade exchange ratio is better than own account production sacrifise ratio.
Bill can bake a pie with opportunity cost of 5 cookies. Fred can bake a pie with opportunity cost of 7 cookies. Bill has less opportunity cost of Pie in terms of Cookies, so should sell it to Fred.
The trade between them will be beneficial only if : both of them gain from trade - i.e get a good at lower opportunity cost than their own. Fred getting 1 pie per 6 cookies is better than his own sacrifise ratio i.e 1pie : 7 cookies. Bill getting 1 cookie per 0.16 (1/6) pie is better than his own sacrifise ratio i.e 1cookie : 0.25pie (1/5)
Answer:
c.$28,800
Explanation:
Depreciation of the asset is calculated using the following formula:
Depreciation=Cost of Asset*Depreciation percentage for specific year
Keeping in mind the above formula, depreciation can be calculated as follow:
Cost of Asset=$150,000
Depreciation for year 1=150,000*0.20=$30,000
Depreciation for year 2=150,000*0.32=$48,000
Depreciation for year 3=150,000*0.192=$28,800
Therefore, the answer is c.$28,800
A licensor grants intangible property rights to the licensee such as the copyright
<h3>Copy Right</h3>
Copyright is a type of intellectual that shows that an individual as a legal right over an intangible property such as music, poem. other types of property right are :
Learn more about Copy Right here:
brainly.com/question/1410153
Answer:
a. reserve requirements, the discount rate, and open-market operations.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The three (3) primary policy tools available to the governmental officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.
