Answer:
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.
Explanation:
The opportunity cost for Smith to produce 1 computer is 4 smartphone(s).
1:4
The opportunity cost for Ricardo to produce 1 computer is 2 smartphone(s).
1:2
The opportunity cost for Smith to produce 1 smartphone is 1/4 of a computer(s).
1:1/4
The opportunity cost for Ricardo to produce 1 smartphone is 1/2of a computer(s).
1:1/2
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.
Answer:
2.88%
Explanation:
Use the following formula to calculate the real rate of return
Real rate of return = 
Where
Nominal Interest rate = 7% = 0.07
Inflation rate = 4% = 0.04
Placing values in the formula
Real rate of return = 
Real rate of return = 
Real rate of return = 1.0288 - 1
Real rate of return = 0.0288
Real rate of return = 2.88%
Answer:
Inner ear
Explanation:
The response to movement originates at mechanoreceptors located in the slightly enlarged INNER EAR, the bases of three semicircular canals
The ear has receptors that receive signals and movements which are found in the inner ear.
These mechanoreceptors can detect movements in rotational or angular dimension.
Answer:
The correct answer is $1,000.
Explanation:
According to the scenario, the given data are as follows:
Mike age = 60 Years
Mike's total taxable compensation = $40,000
Roth IRA contribution = $6,000
So, we can calculate the contribution of Mike to a traditional IRA by using following formula:
According to Laws, For age above 50 years Maximum Combined contribution for Roth IRA and Traditional IRA can be $7,000.
So, Contribution to Traditional IRA = $7,000 - Roth IRA contribution
= $7,000 - $6,000
= $1,000
