Answer:
Attached grap with point A and B.
Explanation:
Russia will produce the cars as their production has te lower opportunity cost:
(Note: Opportunity cost is the amount of production resigned for the current output)
<u>Sweden pportunity cost for production car: </u>
25 ton of papper / 5 m cars = 5 tons per millon of cars
<u>Russia pportunity cost for production car: </u>
8 ton of papper / 4 m cars = 2 tons per millon of cars
With the trade set at 2 millon car for 6 tons of paper we get the following
Sweden produce 25 tons - 6 traded = 19
and receive 2 millon car
Russia produce 4 millon car - 2 traded = 2
and receive 6 tons of pappers
When one commercial bank borrows from another commercial bank, it pays the discount rate.
The one place where a bank can get reserves is by borrowing from a commercial bank. As whenever a person or a business firm or an organization borrows, they should pay interest and a bank that borrows from a commercial firm must pay interest to them too. The interest that the commercial bank charges to banks that borrow from them is called the discount rate.
The term discount rate is used when looking at a certain amount of money to be received in the future years and calculating the present value now. The word “discount” means the amount to be deducted. A discount rate is a typical rate that is deducted from a future quantity of money to provide its present value to money seekers.
The cash flows of investments or business ventures when at the time of discount, it is important to note whether the discount rates used can be varied depending on particular different elements. So, discount rates are paid to compensate the borrower bank to the lender bank during transactions.
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The fish cannery will use the recycling method, regardless of who has the property rights: TRUE
<h3>
What is recycling?</h3>
- Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
- Both the environment and your community may benefit from recycling.
<h3>
Given situation:</h3>
"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.
In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.
The resort will make the most economic profit when it has property rights to a clean lake."
Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.
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The statement " agree to share the research and work together on creating the presentation. " is the "Develop an agreement" step of conflict resolution.
This is further explained below.
<h3>What is conflict resolution?</h3>
Generally, The process of finding a mutually agreeable and peaceful conclusion to a problem involving two or more people is referred to as conflict resolution.
There might be a variety of reasons for the dispute, including personal, economical, political, or emotional factors.
When a disagreement emerges, the most effective strategy for resolving the conflict is often to engage in some kind of negotiation.
The tactics and procedures that are engaged in ensuring the peaceful termination of conflict and punishment are referred to collectively as "conflict resolution."
In conclusion, The steps of conflict resolution are
- Determine where the issue is coming from.
- What precisely is the problem at hand?
- Consider the situation from a broader perspective and look for additional obstacles.
- Create a shared vision for the future.
- Investigate the many means through which their objective might be attained.
- Develop an agreement.
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The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:
<h3>What is a Good?</h3>
This refers to the physical item which has value and can be bought and sold in a market place.
With this in mind, we can note that a service has to do with the non physical value driven thing which is rendered based on demand and this service and physical goods are NOT SIMILAR in terms of uniformity of inputs because the manufactures does not have more control on the amount of variability.
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