Answer:
the United state has a comparative advantage in producing coal
Answer:
d. not all resources are equally suited to producing every good.
Explanation:
The rule of increasing cost of opportunity is the principle that, when you keep increasing the development of one item, the cost of opportunity of creating the next unit rises. It occurs just as you redistribute resources to create one product which was ideally suited to create the initial product.
Answer:
Constant Return to Scale
Explanation:
Based on the information given the numbers
suggest that between 100 and 110 units of output, the firm producing this output has CONSTANT RETURN TO SCALE.
Constant Return to Scale occurs in a situation where the proportional increase in all the inputs is as well equal to the proportional increase in output which means the returns to scale are constant , which is why RETURNS TO SCALE help to describe all what happens to long run returns when the scale of production increases.
Therefore Constant returns to scale often occur when the output increase in exactly the same way or the same proportion as the factors of production.
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
Answer:
$1,008.18
Explanation:
Using a financial calculator, you can calculate the price of this bond with the following inputs;
Maturity of the bond; N= 3
Face value ; FV = 1000
Annual coupon payment; PMT = 7% *1000 = 70
Yield to maturity ; I/Y = 6.69%
then compute the Price; CPT PV = 1,008.182
Therefore, the current price is $1,008.18
