I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced.
Traditional career development programs of the past focused on helping an employee advance <span>by holding a series of jobs in a single organization.</span>
Explanation:
By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain has a comparative advantage in the production of wine and Denmark has a comparative advantage in the production of rye.
Spain can gain from specialization and trade as long as it receives more than 5 of rye for each bottle of wine it exports to Denmark. Similarly, Denmark can gain from trade as long as it receives more than 1/10 of wine for each bushel of rye it exports to Spain.
The terms of trade (that is, price of wine in terms of rye) would allow both Denmark and Spain to gain from trade :
9 bushels of rye per bottle of wine
8 bushels of rye per bottle of wine
Answer:
YTM = 8%
Explanation:
$100 per year up to 4 years means, each year, the FV = $100.
We know, Zero coupon bond = [Fair Value ÷ 
]
As the 4-year annuity paying the different YTM in the previous three years, 4th year YTM will be -
Bond value = 
+ 
+ 
+ 
or, $334.57 = $94.3396 + $87.3439 + $79.3832 + 
or, $334.57 - 261.0667 =
or, 
= ($100 ÷ $73.50)
or, 1 + YTM = 
or, YTM = 1.08 - 1
YTM = 0.08 or 8%
In 1884. The ringling brothers organized their first small circus.
