Answer:
Option (c) is correct.
Explanation:
Stephen can move 70 boxes or bake 28 cookies:
Opportunity cost of moving a box = (28 ÷ 70)
= 0.4 cookies
Opportunity cost of baking a cookie = (70 ÷ 28)
= 2.5 boxes
LeBron could move 24 boxes or bake 6 cookies:
Opportunity cost of moving a box = (6 ÷ 24)
= 0.25 cookies
Opportunity cost of baking a cookie = (24 ÷ 6)
= 4 boxes
Yes, trade is possible.
Stephen has a comparative advantage in baking cookies because of the lower opportunity cost than LeBron, so he is specialized in baking cookies.
On the other hand, LeBron has a comparative advantage in moving boxes because of the lower opportunity cost than Stephen, so he is specialized in moving boxes.
You can arrest someone with a bench warrant.
The spread between the interest rates on bonds with default risk and default-free bonds is called the risk premium.
A default-free bond is a bond in which the bond issuer would not miss scheduled payments of either the coupon or principal. Bonds issued by the government are generally considered to be default-free. This is because the government can print money to make payments.
A bond with a default risk is a bond in which the bond issuer can miss scheduled payments of either the coupon or the principal. Bonds issued by private individuals are generally considered to be bonds with default risk.
Bondholders usually demand a compensation for holding bonds with a default risk. This compensation is known as risk premium.
Risk premium = return on bonds with default risk - return on default- free bond.
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<span><span>Tendonitis is a
condition that would most directly involved with: </span>skeletal system and muscular system.</span> The skeletal system comprises of bones and other connective
tissues that give the body its form.It works in unison with the muscular
system. The skeletal
and muscular systems work together to allow movement.
An analysis of unemployment rates in sweden can be described as an application of: <u>macroeconomics</u>
<h3>What is unemployment rates?</h3>
Unemployment rate can be defined as the percentage of people that are unemployed or percentage of people searching for job.
On the other hand macroeconomics tend to focus on the economy of a country when it comes to inflation rate, unemployment rate, government spending, national output among others.
Macroeconomies is important based on the fact that it is centre on how a country economies performance and growth is at a particular or specific period of time.
Therefore An analysis of unemployment rates in sweden can be described as an application of: <u>macroeconomics.</u>
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