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3 years ago

Which of the following are benefits of international trade?

Business

1 answer:

AURORKA [14]3 years ago

3 0

Answer:

Please find the detailed answer as follows:

Explanation:

International trade provides many benefits:

1. Technology differences, some countries are capital intensive and some are labor intensive. So the countries produce the good according to their intensivity. And export and import take place which is beneficial for the countries.

2.differentiated products.

When trade take place between the countries, then all the opportunity to consume different products. And countries produce their goods according to their labor and capital ratio and produce different variety of goods.

3.Specialisation in production

Countries specialise in the goods in which they have a comparative advantage.

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The calculated present value of the annuity is $915,166.70.

Explanation and Solution:

Annuity is a collection of fixed payments made or earned either at the close or at the beginning of any term such that a significant initial payment or receipt may be turned into a set of comparatively minor payments or receipts. An annuity that lasts indefinitely is called perpetuity.

The formula for the present value of the annuity is given by:

$P = \frac{1- (1+i)^{-n} }{i} * R$

Where;

R = annual payment = $75,000

i = interest rate = 5.25%

P = Present value of annuity

n = number of years = 20 years

P = $\frac{1- (1+5.25)^{-20} }{5.25} * 75,000$

P = $915,166.70

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3 years ago

Elmer’s utility function is U(x, y) = min{x, y2}. If the price of x is $25 and the price of y is $15 and if Elmer chooses to con

Arte-miy333 [17]

Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

U(x, y) = min{x, y2}

Price of x is $25

ANd, the prcie of Y is $15

So,

25X + 15Y = M

if Y = 7,

So,

At eqm, X = Y^2 = 49

Then ,

M = 25 × 49 + 15 × 7

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= 1330

Hence, the income is $1,330

The same should be relevant and considered too

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2 years ago

Sawaya Co., Ltd, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to yea

coldgirl [10]

Answer:

Explanation:

1. Indirect Material variable cost Per Direct Labor HR 5000000/50000=100

Indirect Material (variable) 100*75000 =7500000

Rent Fixed 6000000

Hence total Maintenace Fixed =17625000-7500000-600000= 4125000

Low High Change

Cost 3250000 4125000 875000 [4125000-3250000]

Activities 50000 75000 25000

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Fixed cost=4125000-75000*35=1500000

Variable cost=35

cost formula for maintenance= 1500000+35b

Indirect Material (variable) 100*70000 = 7000000

Rent Fixed 6000000

Maintenance cost = 1500000+35*70000=3950000

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