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3 years ago

Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:

Business

1 answer:

larisa86 [58]3 years ago

5 0

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

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The Smiths are saving money for a down payment on a house. The Smiths have $25,000 in cash, and they estimate that in 5 years th

s2008m [1.1K]

Options :

A)net present value of the $25,000.

B)future value of the $25,000.

C)internal rate of the return on the $25,000.

D)present value of $25,000.

Answer: B)future value of the $25,000.

Explanation: The Smith's calculation and subsequent result which yielded $31,000 refers to the future value of $25,000. The initial $25000 is the present value of the amount held. If the initial amount is saved or deposited over a certain number of years in an account which yields a certain rate of interest per annum and is compounded either on a monthly, yearly, quarterly or semiannual basis as the case may be, in this scenario above, the interest is called mounded annually. This initial amount will grow and yield an amount which is greater than the present deposit. This is called the future value of the initial deposit.

8 0

3 years ago

In the case of oligopolistic markets, self-interest makes cooperation difficult and it often leads to an undesirable outcome for

Tanya [424]

Answer: True

Explanation:

An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.

This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.

7 0

3 years ago

What is a good way to improve your marketability to employers?

Nezavi [6.7K]

The answer would be B. If you improve areas of weakness, you will become a stronger candidate for the job.

7 0

3 years ago

Read 2 more answers

A print shop runs a two-station binding line, in which the first station punches holes in the pages and the second station insta

ycow [4]

Answer:

Punching machine

Explanation:

The computation is shown below:

Punching actual output = Both punching and the binding output + punching output

= 8,000 + 5,000

= 13,000 pages per hour

But the punching machine process to 15,000 pages per hour

Now the utilization rate of punching is

= 13,000 ÷ 15,000

= 0.867 pages per hour

Now for binding

The actual output is 8,000 pages per hour

Binder processing to 10,000 pages per hour

So, the utilization rate is

= 8,000 ÷ 10,000

= 0.8 pages per hour

As we can see that the utilization rate of punching is higher that results the bottleneck

8 0

3 years ago

On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on Septemb

Akimi4 [234]

Answer:

$54,000

Explanation:

Average accumulated expenditure can be determined by calculating the weighted average expenditure of each bond based on the numbers of month each bond is outstanding.

2016

As per given data

January 1, 2016 $300,000

September 1, 2016 $450,000

December 31, 2016 $450,000

Expenditures

As the bonds have different outstanding periods in the year, so we have to calculate the weighted average expenditure based on the numbers of months each bond outstanding within 2016.

January 1, 2016 $300,000 x 12/12 x 12% = $36,000

September 1, 2016 $450,000 x 4/12 x 12% = $18,000

December 31, 2016 $450,000 x 0/12 x 12% = <u>$0 </u>

Total Expenditure <u>$54,000 </u>

3 0

3 years ago