The correct answer would be option D, India has high import tariffs.
Mark feels that Darren is too optimistic and that this venture may not turn out to be as profitable as Darren expects it to be. Darren's view is based on the assumption that India has high import tariffs.
Explanation:
When companies import or export products in or out of the country, they are usually charged with a duty which they have to pay on the import or export of the products. This is called as the Tariff.
While considering the export of a product to another country, the import tariffs of that other country has a pretty much impact on the profits of that company's Sales. Higher the tariffs, lower the profits and vice versa.
So when Mark wanted to export his product to India, Darren was with the view that India has high import tariffs which will restrict them to have huge profits of exporting their product.
Learn more about import export tariffs at:
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Answer:
19 years
Explanation:
the 19th year your money will triple and be worth 3.0256 times the original sum.
Answer:
C. hacking
Explanation:
Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.
Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.
There are several ways of hacking which includes;
Phising scam: An attempt to have access into a computer by making a user open an attachment or provide confidential information.
Malware attack: is a type of hacking attack which after being carried out, cripple activities of an entire organization including its business associate, government parastatals, customers etc in exchange for money.
Code break: This is where a secret software is installed to allow users hit a company' s data base through strings.
Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.
Opportunity cost is the loss due to forgoing one opportunity to select another one alternative.
In this case, the forgone alternative is the full-time employment and other expenses for the term when the alternative chosen is to be in school. In this case, room and board expenses remain the same whether in school or working full time and thus not considered. The part-time amount earned while at school is subtracted as it would be compensated be during full time employment.
Therefore;
Opportunity cost = $20,000+$10,000+$1,000-$8,000 = $23,000
Answer:
$ 56,500
Explanation:
Given:
Tuition expenses = $ 28,000
Room and board expenses = $ 2,500
Earning from the part time = $ 16,000
Fulltime salary = $ 42,000
Now,
the opportunity cost is given as:
= Full time working salary + (sum of expenses) - Earnings
on substituting the values, we get
opportunity cost = $ 42,000 + ( $ 28,000 + $ 2,500 ) - $ 16,000
or
opportunity cost = $ 56,500
