Answer:
c. Government must provide adequate physical infrastructure.
And
a. Private property rights must be established by law and enforced by police
Explanation:
Answer:
total variable cost increases
Explanation:
Variable cost refers to the expenses that change with production volume. There is a direct relationship between variable costs and the level of production. An increase in the output level will result in a rise in variable costs. For sales volume to increase, the output level must have been high.
A high production level is necessary to support a high sales volume. Examples of variable costs are packaging and raw materials. A high output level will require the use of a large volume of raw materials, hence higher costs. Fixed cost contrast variable costs, as they do not change with varying output.
Answer:
direct; indirect
Explanation:
Foreign exchange quotations, relative prices or rates quoted among players in foreign exchange markets.
There are 3 types of foreign currency quotations :
- Direct quote: Direct quote is the unit price of a country quoted in reference to the country's currency.
- Indirect quotation: Indirect quotation is the reverse of direct quotation. This is the unit price of a country's currency known as foreign exchange terms.
- Cross-Rates: Although the banks deal with non-bank customers in the convertible currency for the French Franc / Italian lira, the Sterling / Spanish Fiesta, the Swiss franc / French franc and so on, the interbank market is usually in US quotes against the dollar.
Answer:
The Contra Entry is the transfer of cash. Hope this helps!
Answer:
The present value of the bond.
Explanation:
The present value of a bond will change when interest rate changes. The present value is the price at which you will buy the bond. Interest rate is also known as the yield to maturity (YTM). This interest rate has an inverse relationship with the price; meaning, if YTM increases, the price of the bond will decrease and vice versa.
Expected cashflows are the recurring coupon payments which are usually fixed amount in the case of a coupon paying bond. For this reason, they do not change with changes in interest rate.
The maturity value also known as the Face value or Par value is fixed and does not change with changes in interest rate.
