Opportunity costs are the measures of things you must give up when you make a certain decision.
In this case, if country A decides to produce all petroleum, they are choosing not to produce 8 units of seafood. This is their opportunity costs because they are giving up the 8 units of seafood to make petroleum.
The same is true for country B. If they choose petroleum, they are giving up the ability to make 8 units of seafood.
<u>Answer:</u>
<em>Both the importing and the exporting nations
</em>
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<u>Explanation:</u>
Imports permit more diversity assorted variety in the market for customers and occupants of specific countries, as they can acquire outside items without voyaging or paying extra charges. Import advantages stretch out past people to organizations.
Global exchange impacts the quality of nearby economies, the joblessness rate, and openings in business. While the solidness of the nearby economy is necessary, one of the ways that it keeps up its equalization is through global exchange. Creating economies depend on universal fares to remain above water.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
The journal record is attached.
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet.
I want to say c but i am not sure, if it's not c it'd d for sure. Hope that was some help:)
Answer:
The initial deposit should be $ 25.46
Explanation:
The Annuity formula is
P=R [1−(1+i)^-n/i]⋅(1+i)
Where
P= Initial deposit
R=Regular Withdraw amount
i=Interest rate
n=Number of years/periods
After entering corresponding values in the formula we get $25.46
so P (which is our initial deposit)=25.46
