The country that has a comparative advantage in the production of cuckoos is Germany.
The country that has a comparative advantage in the production of beer mugs is Taiwan.
A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.
Germany:
Opportunity cost in the production of cuckoo = 1/1 = 1
Opportunity cost in the production of beer mug = 1 /1 = 1
Taiwan:
Opportunity cost in the production of cuckoo = 3/2 = 1.5
Opportunity cost in the production of beer mug = 2/3 = 0.7
A similar question was answered here: brainly.com/question/14822137
Facilities managers have a plethora of responsibilities on the job, which includes providing a safe work environment for all employees. No one should have to go into work and be met with safety hazards or violent employees. Unfortunately, such scenarios can and do occur, and are more likely to arise in the absence of a plan to both prevent and deal with workplace hazards and violence.
While it may be nearly impossible to prevent every single act of violence or safety hazard in the workplace, there are plenty of steps that FMs can take to help keep the work environment as safe and secure as possible for everyone involved.
The law limits the shift of money that goes to political parties but not to other groups
Answer:
Additional tax the firm will owe: $3.15
Explanation:
Marginal tax rate is calculated by following formula:
Marginal tax rate = Change in taxes paid/Change in income
Change in taxes paid = Marginal tax rate x Change in income
The firm increases its revenue by $100 while increasing its cost of goods sold by $85.
Change in income = $100 - $85 = $15
Additional tax the firm will owe = $15 x 21% = $3.15
Answer:
The answer is $65,382.03
Explanation:
The payment is quarterly, meaning, the interest will be paid 4 times in a year
N(Number of periods) = 88 times ( 22years x 4)
Interest rate = 0.83percent
PV(present value or market price) = ?
Annuity = $1,050
We are using a Financial calculator for this.
N= 88; I/Y = 0.83; PMT = 1.050; CPT PV= -65,382.03
Therefore, the market price of the bond is $65,382.03
