Answer:
B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.
Explanation:
Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.
So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.
Answer:
Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.
Answer:
answer is normal
Explanation:
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Answer:
(a) 3.2
(b) 10 minutes
(c) 0.8
Explanation:
Mean number of customer in service:
= Arrival rate ÷ service rate
= 24 in 60 min ÷ 30 in 60 min
= 24 ÷ 30
= 0.8
a) Average number of people in line:
= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)
= 0.8 × (24 ÷ 6
)
= 3.2
b) Average time spend at the ticket office is = 10 minutes
c) Proportion of time server is busy:
= Arrival rate ÷ service rate
= (24 in 60 min ÷ 30 in 60 min)
= 24 ÷ 30
= 0.8
Answer:
(D) Specialize in producing something that it is relatively good at producing.
Explanation:
When a country specialises in production of a good it is relatively good at producing, its citizens will not find it difficult to manufacture the good for local consumption and export.
If the country needs product it is not good at producing it imports it from other countries that have a competitive advantage in producing it.
This will produce maximum material comfort for its citizens.
