Answer:
Jane's total cost is $60,000.
Explanation:
This is because of the phenomenon called Opportunity Cost.
Simply put, opportunity cost is the cost of the next best alternative use of resources when a choice is made at the detriment of another.
We can also define it by saying, Opportunity Cost is the forgone alternative.
So we know she spent $50,000 to start her business, but would have made 10% of $100,000 which is $10,000 which is the opportunity cost, she has incurred a total cost of $60,000.
Answer:
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign <u>PORTFOLIO INVESTMENT</u> in Argentina.
1. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries?
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a. Protecting property rights and enforce contracts
- b. Providing tax breaks and patents for firms that pursue research and development in health and sciences.
Both A and B are essential for increasing economic growth. E.g. if Coke was not able to keep its formula secret in certain country, it will not engage in business there. Investment in R&D is essential for future economic growth.
2. In less developed countries, what does the brain drain refer to?
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a. The emigration of highly skilled workers to rich countries
Brain drain refers to the immigration of highly skilled workers from poor countries into rich countries. E.g. a doctor moves from mexico to the US because he/she can earn a much higher salary. But at the same time, all the money and time spent educating the doctor is lost by Mexico and its economy.
Answer:
Factor Conditions
Explanation:
Factor Conditions -
This is the condition , which refers to the availability of human resources , the capital and the natural resources , are the factor condition .
The example for Natural resource , is Saudi Arabia , being extremely rich in oil , and is the largest exported of oil to various countries .
Human resources , refers to availability of knowledge and skilled labor .
According to porter , these factors need to be upgraded from time to time , to deal with the competition of the growing world .
The wages are quite a bit higher than industry standard. It's about 33% which is 8% higher.
At a time of declining prices, the cost flow method that will result in the highest ending inventory is LIFO.
If the costs are declining, it was the brand new stock purchase shall be at a decreased price and the oldest purchase shall be at a better fee. In the LIFO methods finishing stock is assumed from the oldest purchases, hence the LIFO assumption will result in the best ending inventory.
In a period of declining prices, LIFO will bring about the bottom value of products bought (maximum latest purchases) and the best ending stock (earliest purchases).
Last In First Out (LIFO) is a way used to account for stock. Under LIFO, the charges of the maximum latest merchandise purchased (or produced) are the primary ones to be expensed. For the duration of instances of rising charges, agencies may additionally find it beneficial to use LIFO price accounting over FIFO. below LIFO, firms can keep on taxes in addition to better fitting their revenue to their contemporary fees whilst charges are rising.
Learn more about LIFO here brainly.com/question/25887081
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