"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.
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What is the term Comparative advantage about?</h3>
Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.
Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.
Therefore, correct option is B.
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Answer:
Produce more of the good that generates external cost and less of the good that creates external benefit.
Explanation:
External benefits refer to the situation where the benefit of production of goods or services goes to a third party that is not directly involved in the process of production.
Similarly, external cost refers to the situation where the cost of production of goods and services is borne by a third party which is not directly involved in the process of production.
A competitive market economy would tend to produce more of the good that generates external cost and less of the good that creates external benefit. This is because in case of external cost the private cost will be lower than social cost, so the firms will be able to produce more of the good.
Answer- $ 54.74
Explanation-
= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000] / (1-0.106)
= 48.936 / 0.894
= $ 54.74
Finance encompasses banking, leverage or debt, credit score, capital markets, money, investments, and the advent and oversight of financial systems. basic economic standards are based on microeconomic and macroeconomic theories.
There are two most important purposes of the finance feature: to offer the monetary records that other business features require to perform efficaciously and correctly. to assist business making plans and choice-making.
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Answer:
The liability reported is closest to $107,105.21.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value or the the liability reported =?
P = Annuity payment = $22,000
r = Student's desired return rate = 10%, or 0.10
n = number of years = 7
Substitute the values into equation (1) to have:
PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)
PV = $22,000 * 4.86841881769293
PV = $107,105.21
Therefore, the liability reported is closest to $107,105.21.
Depends how old you are, if you are old enough you can apply for a job.
If not you can try doing chores for your parents.
