Answer:
The answer is 27 hours
Explanation:
Solution
The Comparative advantage depends on production of the lower opportunity cost
The opportunity cost of a production is =maximum production of other good /maximum production of the good
Now,
The opportunity cost of hot dog bun for town A =10/4=2.5
Thus,
The opportunity cost of hot dog bun for town B=6/10=0.6
So,
The town B has a comparative advantage in hot dog buns and A in sausages
Town A will produce-only sausages and it will take the time of
time in hours =total required a quantity of the good /number of products in an hour
Now,
The time for Town A for sausages=120/10=12 hours
The time for Town B for hot dog buns=120/8=15 hours
Therefore, The total time =12+15=27 hours.
Answer: Individual interviews
Explanation: An individual interview can be seen as an experimental method of acquiring information from an original source to gather non-numerical information with a small number of respondents to discuss in detail their viewpoints on a specific idea, program or circumstance.
Here, the Marine Midland Bank sent out their researchers to discuss with the head of each household in the community the reason for not checking accounts and credit cards with the bank. It can be carried out in 15-60 minutes.
Answer: $80
Explanation:
Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:
= Fixed cost + Variable cost
= $180000 + 540000
= $720000
Since there are 9000 units, then the unit sales price will be:
= $720000 / 9000
= $80
The unit sales price is $80
Answer:
The actual effective annual rate is <u>3.33%</u>.
Explanation:
Effective Annual Rate (EAR) refers to an interest rate has been adjusted for compounding over specified period of time.
Effective annual rate can therefore be described as the interest rate that paid to an investor in a year after compounding has been adjusted for.
Effective annual rate can be computed using the following formula:
EAR = [(1 + (i / n))^n] - 1 .............................(1)
Where;
i = Annual interest rate claimed by the dealer = 3.28%, or 0.0328
n = Number of compounding periods or months = 12
Substituting the values into equation (1), we have:
EAR = [(1 + (0.0328 / 12))^12] - 1 = 0.0332976137123635
EAR = 0.0333, or 3.33% approximately.
Therefore, the actual effective annual rate is <u>3.33%</u>.
Because it takes<u> time</u> for people to find work in a society with poor information, frictional unemployment happens.
The unemployment that results from regular labor turnover, such as persons joining and leaving the labor force, as well as the continuous creation and destruction of jobs, is known as frictional unemployment. It comprises employees who are either looking for employment or holding out for a job soon.
Frictional unemployment has the following examples: employees looking for new jobs after quitting their existing ones, employees want to shift careers. Those looking for their first job after graduating from college or those starting their first career in the workforce.
To learn more about frictional unemployment
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