Individuals, corporations, and economies specialize because the opportunity cost of producing goods and services differs from country to country, business to business, and individual to individual.
Persons, Corporations, and Economies are bound to specialize in the production of goods and or services in which they hold a stronger comparative advantage than their competition.
<h3>What is comparative advantage?</h3>
This is defined as the ability of an individual, corporate entity, or national to perform an economic activity more efficiently or at a lower (opportunity cost) than the other.
Examples of economic activities are:
- Resource management
- production of services and goods
- distribution of services and goods
- consumption of services and goods
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Answer:
D) Income will increase by $10,000.
Explanation:
The balanced budget multiplier measures the change in aggregate output when government spending increases by increasing taxes. The formula for determining the balanced budget multiplier is by adding government expenditures multiplier and the tax multiplier. The balanced budget multiplier is always equal to one, therefore the net change in aggregate production (income) is equal to the increase in government spending.
Answer:
50,400
Explanation:
Using application of total expectation, E;
N= Number of policy holders who have zero accidents in one month
P= Probability
N|Low = 400
N|High=600
P|Low=0.9
P|High=0.8
Therefore E = (N|Low*P|Low)+(N|High*P|High)
E=(400*0.9)+(600*0.8)
E=360+480
E=840
Then Total bonus for the year B
B= E*12*5
B=840*12*5
B=50,400
The options where it is most appropriate to quote from the original email are;
Option A - To make changes to a distributed meeting agenda;
Option B - To suggest changes to the new proposed office budget
Option C - To confirm participation on a new project.
<h3>Why is it important to quote from an original email?</h3>
Quoting or citing or replying to an original email helps to ensure the following:
- That the text being sent as a reply is considered within the context of the original one
- To provide room for reinforcing previously sent communication
- To allow for comparison of related text
- To allow corrections to a referenced idea
- To allow reference to an original thought or idea.
<h3>What is a quote?</h3>
To quote means to reference anything as proof. Quote may also be used as a verb and a noun. To quote something or someone means to repeat exactly what they said or to recite exactly what is written in a book.
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Full Question:
For each of the following, indicate whether you would quote from the original e-mail in your response. (Select all that apply)
A) To make changes to a distributed meeting agenda
B) To suggest changes to the new proposed office budget
C) To confirm your participation on a new project
D) To start a new discussion about getting extra resources for a project
That is more of a personal question but the main reasons that people pick a certain job is because of the wages, location, position, and/or the difficulty.
