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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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Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel

Ulleksa [173]

Answer:

5.52%

Explanation:

For computing the coupon rate we first have to determine the PMT by applying the PMT formula

Given that,

Present value = $954

Future value = $1,000

Rate of interest = 6.2%

NPER = 9 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $55.18

Now the coupon rate is

= $55.18 ÷ $1,000

= 5.52%

7 0

4 years ago

At a price of $60 per bathing suit, what is the quantity demanded of bathing suits?

timofeeve [1]

Answer:

Explanation:

I think your question is missed of key information, allow me to attach the photo question below.

The quantity demanded is 30 units when the price is 60, we use the reconciliation method on the demand line.

3 0

3 years ago

Modern corporation operates a steel mill. it has never contributed anything to the local community, and it knowingly pollutes bo

svetlana [45]

I guess the correct answer is the narrow view, or invisible hand theory .

The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.

5 0

3 years ago

Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei

andrezito [222]

Answer:

A.$141.80

Explanation:

Present Value of Trish payments = $P+P\frac{1-(1+(r/m))^{-(n-1)} }{r/m}$

Present Value of Trish payments = $450 + $450 $\frac{1-(1+(0.095/12))^{-(48-1)} }{0.095/12}$

Present Value of Trish payments = $180,54

Present Value of Josh payments = $P\frac{1-(1+(r/m))^{-n} }{r/m}$

Present Value of Josh payments = $450 $\frac{1-(1+(0.095/12))^{-48} }{0.095/12}$

Present Value of Josh payments = $17,912

Difference between two payments = 18054 - 17912 = 141

3 0

3 years ago

A perfectly competitive firm faces a __________ demand curve. Group of answer choices upward sloping downward-sloping perfectly

qwelly [4]

A perfectly competitive firm faces a downward-sloping demand curve.

<h3>What is demand curve?</h3>

It is a visual illustration of the connection between product pricing and demand-side quantity. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.

Demand curve has two types-

individual demand curve: The quantity that a specific household wants at different prices is represented by a demand curve for that particular household. The graphic representation of the individual demand schedule is another way to describe it. It can be created by analyzing consumer behavior in response to price changes.
market demand curve: The total of each individual demand curve for a certain good on the market constitutes the market demand curve. It displays the quantity of the commodity that is demanded at various pricing points. The market demand curve has a negative, or downward, slope because quantity requested declines as price rises.

<h3>What is downward-sloping demand curve?</h3>

A demand curve demonstrating how demand declines as price rises.

The price elasticity of demand is always negative for a downward-sloping demand curve since the price and quantity requested move in the opposite directions.

To know more about the demand curve, here

brainly.com/question/1139186

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5 0

2 years ago