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NikAS [45]
3 years ago
11

Both Mia and Mario produce only the item in which they have a comparative advantage. Then they trade one pasta for one pizza. Be

fore specialization and trade​ started, Mia and Mario were each producing 66 dishes of pasta and 66 pizzas an hour. The total gains from trade are​ ______ dishes of pasta and​ ______ pizzas an hour.
Business
1 answer:
Molodets [167]3 years ago
4 0

The total gains from trade are​ 66 dishes of pasta and​ 66 pizzas an hour.

Explanation:

A calculation of the net income from trade is the amount of the surplus of the customer and the earnings of the manufacturer or, more generally, the enhanced efficiency of the specialization of production with the subsequent export.

Trade gains can also apply to the net benefits of reducing barriers to trade, such as import tariffs, for a region.

To measure the income, take the price at which you sell the investment and deduct from it the price you originally charged for it. Now that you've got the income, split the income by the original value of the investment. Finally, subtract the response by 100 to adjust the percentage of your investment.

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A 10-year (zero-coupon) Treasury bill with face value of $100 per share is selling at $70.89 per share. There is a 10-year corpo
olga55 [171]

Answer:

3.5%

Explanation:

the yield to maturity of a zero coupon bond is calculated using the following formula:

YTM = (face value / current market value)¹/ⁿ - 1

YTM = ($100 / $70.89) ¹/¹⁰ - 1 = 3.5%

the way you can check if your calculations were correct is to find the future value of the bond using the YTM = $70.89 x (1 + 3.5)¹⁰ = $99.997 ≈ $100

7 0
2 years ago
The fares received by taxi drivers working for the City Taxi line are normally distributed with a mean of $12.50 and a standard
Lyrx [107]

Answer:

0.2308 or 23.08%

Explanation:

Mean (μ) = $12.50

Standard deviation (σ) = $3.25

Assuming a normal distribution, for any given fare X, the z-score is calculated as:

z = \frac{X-\mu }{\sigma}

For X = $15.00, the z-score is:

z = \frac{15.00-12.50 }{3.25}\\ z=0.7692

A z-score of 0.7692 corresponds to the 77.91-th percentile of a normal distribution. Therefore, the probability that a fare exceeds $15.00 is:

P(X>\$15.00) = 1-0.7692 = 0.2308

The probability that a specific fare will exceed $15.00 is 0.2308.

3 0
3 years ago
Why is accounting a service industry?
Y_Kistochka [10]
Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:


A. Because it provides support but no tangible goods.

Hope this works out for ya!


3 0
3 years ago
Read 2 more answers
What are three goods provided by the federal government?
Rudiy27
Housing insurance and food stamps   I think?
8 0
2 years ago
Net cash provided by operating activities was $12,000. Net cash provided by investing activities was $2,000. Net cash used in fi
ser-zykov [4K]

Answer:

$25,000

Explanation:

The cash balance at the end of the year can be calculated as follows:

=> $12,000 + $2,000 + $7,000 + $4,000

7 0
3 years ago
Read 2 more answers
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