Answer:
The correct answer is letter "A": The convenience yield is always positive or zero.
Explanation:
The convenience yield reflects the premium of possessing an asset instead of one of its derivates or contracts. This situation arises in front of inverted markets, where holding the asset itself may bring more profits than purchasing a derivate of the same asset.
<em>The convenience yield tends to be positive or zero because the prices of assets cannot fall below zero. In other words, they are not negative.</em>
Answer:
A. 1/3 computers
B. 0.6 computers
Explanation:
A. The opportunity cost incurred by the US to make cars is the number of computers it would have to give up to make a car.
The US can either make 12 cars or 4 computers. For every car made therefore the US forgoes;
= 4/12
= 1/3 computers.
B. The same logic applies to Japan. They can either make 10 cars or 6 computers.
Their opportunity cost for cars is therefore;
= 6/10
= 0.6 computers
I guess the answer is C. to convince your manager to use a new meeting organization tool
Answer:
100,000 units
Explanation:
The computation of the transferred out units of the process is shown below:
= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 90,000 units × 100% + 10,000 units × 100%
= 90,000 units + 10,000 units
= 100,000 units
All other information which is given is not considered. Hence, ignored it
