Answer:
PPF will rotate rightward by technological breakthrough in making cloth only
Explanation:
PPF is the graphical representation of two goods, that an economy can produce with given resources & technology.
If there is a technological breakthrough in only one good (cloth here) in economy (US here). The new PPF shift outward (rightwards or upwards) only on the axis representing that particular good (on x or y axis respectively). As cloth is on x axis, the PPF will rotate rightward by technological breakthrough in making cloth only.
Yes, on new rightward rotated PPF also, cloth & tea can be traded off, but at an altered slope & marginal opportunity cost (sacrifise ratio).
Answer:
$73,500
Explanation:
the man needs enough money to cover:
- down payment = $325,000 x 20% = $65,000
- closing points = $325,000 x 2% = $6,500
- closing costs = $2,000
- total = $73,500
The closing points are generally paid to the mortgage lender in order to lower the mortgage's interest rate which will result in a lower monthly payment.
Answer:
He wants to get his display ads in front of as many people as possible
Explanation:
Build awareness marketing objective is primarily aimed at reaching out to as many audience as possible within a short space of time by turning strangers to visitors.
Apart form display ads , we have
Paid search : which is the fastest. way of appearing on googles's first page during a search
Search engine optimization :this is about using good contents for your page .Good title , attracting images and good write ups are key to achieve this.
Social media ; Being active on various social media platforms can attract people to your page.
A inventor is someone who made something and entrepreneur is someone who start there own business
Answer:
The correct answer is letter "C": the company has more than enough earnings to make its interest payments.
Explanation:
Times Interest Earned or TIE measures the ability of an organization to pay its debt. TIE is calculated by dividing a company's earnings before interest and taxes by the interest that is payable on its debts. A low ratio means the company fails to pay debts, and if it fails to fulfill its responsibilities, it may default in bankruptcy. A high ratio means a business can cover its debt expenses.
Thus, <em>if a company's TIE is 12.1 it means its pre-taxed earnings are 12.1 greater than its annual interest expense implying the firm has the funds necessary to cover its interest payment.</em>