Not having experiences that help them make good choices though out the rest of their lives. Also someone to guide them through times good and bad to help them make the right choices.
Answer:
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts (its domestic consumption of belts will decrease by 10)
Explanation:
Without trade, Morocco will produce 60 swords and 60 belts and consume them all, but if it engages in trade, it will produce 120 belts.
- Morocco's opportunity cost of producing one belt = 60 / 60 = <u>1</u>
- Morocco's opportunity cost of producing one sword = 60 / 60 = 1
- Estonia's opportunity cost of producing one belt = 100 / 40 = 2.5
- Estonia's opportunity cost of producing one sword = 40 / 100 = <u>0.25</u>
If Morocco produces 120 belts and keeps current consumption level:
- it consumes 60 belts
- it can trade 40 belts for 60 swords
- it will have a 20 belt surplus production
If Morocco produces 120 belts and exports 70 belts:
- it will receive 105 swords (= 70 x 1.5)
- it will consume 50 belts
<span>Arizona native Barry Goldwater was the Republican party nominee for president in the 1964 election. He ran against incumbent democratic president Lyndon B. Johnson. Though he was defeated in a landslide, he had a strong influence on the development of the modern Republican party.</span>
Answer:
b. banned anticompetitive mergers that occurred as a result of one company acquiring the physical assets of another company.
Explanation:
- The Sailor-Kefauver Act was a United States federal law passed in 1950 that amended and strengthened the Clayton Antitrust Act of 1914, which amended the Sherman Antitrust Act of 1890.
- The Sailor-Kefauver Act was passed to eliminate a loophole to link firms to the acquisition and acquisition of assets that are not direct competitors.
- The Clayton Act prohibited stock purchase mergers, the competition was reduced, and smarter traders were able to find ways to buy competitive property around the Clayton Act. Under the Sailor-Kefauver Act, asset acquisition competition decreases, and that practice is banned.
Answer:
Correct answer is D, $10,300
Explanation:
In order to get the net income, we must compute the Total revenue first, then deduct the total expenses. The total revenue for the month of March is $19,000 ($16,000 + $3,000). Then the total expenses is $8,700 ($2,000 rent + $6,200 salaries + $500 utilities expense). Therefore, $19,000 less $8,700 is $10,300.