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taurus [48]
3 years ago
7

To spur trade, cormoran, brithea, and asmakush decided on economic integration where there were no barriers to trade between the

three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. in short, the three countries formed a
Business
1 answer:
makvit [3.9K]3 years ago
7 0

Answer: an economic union

An economic union refers to an agreement between two or more countries to allow all goods and services, and factors of production to move across their borders without any restrictions.  

The countries that are party to such an agreement also have a common external trade policy.  

Usually the countries participating in an economic union will have their own currencies.

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Business Law - Case: Contract Law
Brilliant_brown [7]

Answer:

The issue is whether Joe is liable to pay for Bob to Avarice Bank or not.

Joe should prevail.

Explanation:

The original contract is between bank and Bob and in that contract Joe is not involved. Secondly payment on someone' behalf always has to be a written contract.

According to UCC, suretyships have to be written for them to be enforceable. This is mentioned in Statute of Frauds. It clearly states that any gurantee by thrid party for payment of debts has to be in writing.

3 0
3 years ago
The variance of a sample of 121 observations equals 441. The standard deviation of the sample equals 1.91. 231. 21. 11.
Cloud [144]

The standard deviation of sample equals: 11

Explanation:

Given:

                                 variance of sample (S^{2}) = 121

                                 no, of observations made = 441

                                         standard deviation = ?

By using the formula:

                          Standard deviation (S) = \sqrt{variance}

                                                                 = \sqrt{S}

                                                                 = \sqrt{121}

                                                                 = 11

Hence the standard deviation is equal to 11.

 

6 0
3 years ago
Suppose StoreRUs sells 1,600 hardcover books per day at an average price of $ 70. Assume that StoreRUs's cost for the books is 5
irina1246 [14]

Answer:

$784,000

Explanation:

For calculating budgeted sales for the upcoming week can be calculated as under:

Sale Budget (Units) = Hardcover Books sales units per day * 7 days

= 1,600 books per day * 7 days

= 11,200 Units

Now the sales units would be converted into Dollars:

Sales Budget ($) = 11,200 Units * $70 days = $784,000

7 0
3 years ago
The risk premium for exposure to aluminum commodity prices is 4%, and the firm has a beta relative to aluminum commodity prices
Kitty [74]

Answer:

C.13.6 percent

Explanation:

         GDP   Market   STOCK      

ER    7,2% 2,4% 13,6% Expected Return of Investment    Rf                                  4,00% Risk-Free Rate    

Bi      1,2     0,6     1,0     Beta of the Investment    

(Erm-Rf) 6,00% 4,00% 9,60% Market Risk Premium    

It's necessary to calculate how much impact each item has with the corresponding Beta in the stock  

Then, to know the impact of exposure to the Aluminum market, we have to multiply the risk premium of 4% by the beta of 0,6  

Then, to know the impact of the exposure to GDP, we do the same procedure, we multiply the risk premium of GDP by the beta of 1,2.    

With these calculations we reach how much of the return on this stock corresponds to the market and then we add 4% of risk free.  

6 0
3 years ago
A quality inspector for Alpha-Beta Co. is concerned about the quality of the batch of several thousand blank DVD disks which his
Mazyrski [523]

Answer:

b. 16% defectives

Explanation:

Let the number of units shipped be N

Let the defect rate be y%

Cost of replacing defectives once shipped = (y/100)×N× 2.5  ........equation (1)

Cost of 100% inspection = N × 0.4 .........equation (2)

At the indifference point, both costs, that is the replacement cost and inspection cost are equal. Therefore, we make both equations (1) and (2) equal.

N × 0.4 = (y/100)×N× 2.5

100 × 0.4 = y ×2.5

y = 40/2.5 = 16

She is indifferent at 16% defectives

3 0
3 years ago
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