Answer:
B. Switzerland has the comparative advantage in watches.
Explanation:
Comparative Advantage is when an economy can produce a commodity with comparatively less opportunity cost in terms of other good sacrifised, than other economy.
It can also be denoted as an economy's more relative productivity in consumption, compared to other economy.
Watch Chocolate
Switzerland 1 50
Germany 1 100
Switzerland can produce a watch by sacrifising lesser units of chocolate i.e 50, than Germany - which sacrifises 100 watches chocolates for a watch production.
Switzerland is 0.02 (1/50) times productive in watch than chocolate. Germany is lesser i.e 0.01 (1/100) time productive in watch than chocolate. Also, Germany is more productive in chocolate than watch 100X > 50X.
So, Switzerland has comparative advantage in Watches & Germany in Chocolate.
I will work for a newspaper, I will spend at least half of my time working outdoors and I will earn at least $20 per hour.
Answer: Option 3,4 & 6
<u>Explanation:</u>
Career plans are the plans that a person does for working in a particular field and in a sector to earn their livelihood. The planning done for their career decides how the person will work, where will he work and how would he optimally channelize his talent.
In the statements above, the options like working for a newspaper or working either inside or out doors are the options that the person takes into consideration for working.
The best answer choice is D.
Dell can fund this growth internally by:
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
<h3>
What is funding?</h3>
- Business financing is a funding option that allows business owners to obtain business loans to cover expenses such as temporary cash flow interruptions, expansion projects, stock and equipment, and seasonal spikes in activity.
- Retained earnings, debt capital, and equity funding are the three major sources of corporate financing.
So, according to the given chart:
- As a result, an additional operating asset of $794 million is required to sustain growth.
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
- As a result, we can confidently predict that growth will be funded internally.
Therefore, Dell can fund this growth internally by:
- The $469 million increase in current liabilities serves as a source of funds.
- The estimated increase in net profits to $395 million is approximately $123 million.
- The short-term investment is assumed to be the same as in 1996, namely $591 million.
Know more about funding here:
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