I am figuring this question out for you! one moment please
Explanation:
To approximate the size of USA in relation to Ethiopia we proceed as follows:
Size of Ethiopia GDP in 2017=$ 76.9x10^9
Size of USA GDP=19.6x10^12
thus the scale factor of USA to Ethiopia will be:
19.6x10^12/76.9x10^9
=254.9
this can be written as a whole number to be
255
the economy of US is 255 times that of Ethipia
The answer is: As long as there are economic costs, accounting profit will be greater than economic profit.
Economic costs are defined as the opportunity cost incurred when processing inputs for production, while economic profit is defined as the combination between the revenue that a business entity generates and the monetary and opportunity costs that it pays.
Accounting profit, on the other hand only accounts for the monetary costs that a business entity has to pay and the revenue that it generates.
Answer:
Investment in stock x = $7816.67
Investment in stock y = $6183.33
Explanation:
The computation of invest in Stock X and Stock Y is shown below:-
Let the weight be x
x × 14% + (1 - x) ×8%
= 11.35%
0.14x + 0.08 - 0.08x
= 0.1135
0.14x - 0.08x
= 0.1135 - 0.08
0.06x = 0.335
x = 0.335 ÷ 0.06
x = 55.83%
Investment in stock x = x × Stock portfolio
= 55.83% × $14,000
= $7816.67
Investment in stock y = 1 - 0.5583 × $14,000
= $6183.33
