Answer:
4. The Theory of Comparative Advantage
Explanation:
The theory of comparative advantage implies that nations will partake in trade with each other, exporting goods which have a comparative productivity advantage. The theory was first proposed by David Ricardo in 1817.
Answer:
The amount due under quarterly compounding is higher by =$ 187.12
Explanation:
To determine the amount money by which the quarterly compunding is greater, we would compare the total sum due under the two compounding options.
This is done below:
Quarterly compounding
FV = A × (1+r)^n
PV - principal amount owed = 6,000
r- quarterly interest rate = 12%/4 = 3% per three month
n - number of quarters in 4 years = 4× 4 = 16
Loan amount due with interest after 4 years
= 6,000× (1.03)^(48) = 9628.23
Annual compounding
PV - principal amount owed = 6,000
r- annual interest rate = 12% =
n - number of years = 4
Loan amount due =6,000× (1.12)^(4) = 9,441.12
The amount due under quarterly compounding is higher by
= 9628.23 - 9,441.12
=$ 187.12
A :)
Im 99% sure it’s right, really hope it is!
Answer:
Asynchronous Transfer Mode (ATM)
Explanation:
A middleware is a software that connects the frontend (user interface) with the backend (software core). For example when a user makes a request for data it passes throught the middleware before it gets to the backend where databases are stored.
Asynchronous transfer module (ATM) is a transfer protocol for transferring packets of data. Has more to do with networking.
Answer:
The total monthly fixed cost and the variable cost per hour is $1,540 and $23
The average contribution margin per hour is $27
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High Operating cost - low operating cost) ÷ (High service hours - low service hours)
= ($11,200 - $4,300) ÷ (420 hours - 120 hours)
= $6,900 ÷ 300 hours
= $23
Now the fixed cost equal to
= High operating cost - (High service hours × Variable cost per hour)
= $11,200 - (420 hours × $23)
= $11,200 - $9,660
= $1,540
For computing the contribution margin per hour, first we have to compute the revenue per hour which is shown below:
= Revenue ÷ service hours
= $6,000 ÷ 120 hours
= $50
We know that,
The contribution per hour = Revenue per hour - variable cost per hour
= $50 - $23
= $27
