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3 years ago

Indicate weather each of the following statements is true or false.

Business

1 answer:

Semenov [28]3 years ago

5 0

Answer:

1. False

2. True

3. False

4. True

5. False

Explanation:

- This is because gains from trade come from specialization in one comparative advantage and self sufficiency can lead poor management of natural resources.

- gain from trade are only based on comparative advantage.

- because trades can benefit both parties when production is based on comparative advantage.

- it gives both parties a chance to consume at points outside their production capabilities.

- because countries open to trade tend to grow faster, innovate to improve productivity while providing more opportunities for the populace.

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On December 31, 2016, Bart Inc. purchased a machine from Fell Corp. in exchange for a noninterest-bearing note requiring eight p

iragen [17]

Answer:

Bart Inc.

The initial value of the machine is:

= $114,240.

Explanation:

a) Data and Calculations:

Date of purchase of machine from Fell Corp. = December 31, 2016

Annual payments for a non-interest-bearing note = $20,000

Appropriate present value of the annuity due = 5.712

PV of the annual payments for 8 years = $114,240 ($20,000 * 5.712)

First payment date = December 31, 2016

Period of payments = 8 years

Prevailing interest rate for this type of note = 11%

Check from an online financial calculator:

N (# of periods) 8

I/Y (Interest per year) 11

PMT (Periodic Payment) 20000

FV (Future Value) 0

Results

PV = $114,243.93

Sum of all periodic payments = $160,000.00

Total Interest = $45,756.07

8 0

3 years ago

Discuss the value of technology in business.

Anna35 [415]

Answer:

The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things, save database, and it help the business grow.

7 0

2 years ago

Why is a price floor set above an equilibrium price tends to cause persistent imbalances in the market?

kotykmax [81]

Answer:

A price floor set above the equilibrium price will result in a surplus of supply.

Explanation.

An equilibrium price refers to the price at which demand for a service or product is equivalent to the quantity of the product or service supplied in the market.

Setting a price floor above the equilibrium price essentially means that the set prices will be higher than what demand is willing to pay for the product or service. Demand will therefore purchase fewer quantity of the product offered by supply at the prevailing price than they would have at equilibrium price.

Since the price floor will raise the product price to considerably higher than the equilibrium price, supply will be willing to provide higher volumes of the product at the prevailing price than at equilibrium price.

This will lead to a mismatch in the market between supply and demand resulting into a surplus.

5 0

3 years ago

Rhonda, a junior accountant at a manufacturing company, was laid off from her job because she rejected multiple requests from th

Shtirlitz [24]

Answer: quid pro quo sexual harassment

Explanation:

The scenario represented in the question regarding Rhonda and her company's chief financial officer is referred to as quid pro quo sexual harassment.

Quid pro quo sexual harassment is a situation that occurs when benefits, pay, employment, position, training, title, position are based on the condition that the other individual involved agree to ones sexual advances. It should be noted that this is illegal.

6 0

3 years ago

The speaker has just made a key point. The global middle class will double in the coming years. However, this new middle class r

kakasveta [241]

Answer:

developing new competencies

Explanation:

In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.

4 0

2 years ago