Answer:
The correct option is false.
Explanation:
Knowing the past inclination is said to exist when an individual overestimates his/her capacity of foreseeing the results of any occasion which are by difficult to be anticipated.
For instance, an individual X anticipating the triumph of Indian group as the consequence of India-Australia cricket coordinate. In spite of the fact that the Indian group may dominate the game, yet that was not a result of the expectation of individual X's forecast.
Here, Eduardo isn't anticipating any results, however is adhering to being honest and straightforward to his clients. Henceforth, knowing the past predisposition doesn't exist.
Answer:
C. Country A would focus on growing carrots to trade with country country B.
Explanation:
Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.
Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.
Answer:
The account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.
Explanation:
A current account can be defined as an account that record the different transactions a country carries out with another country. A current account comprises of net primary income, earnings from foreign investors that have occurred within a particular period of time.
Almost all countries are involved in trading of goods and services with another country, a current account helps to evaluate the manner in which a particular country traded their different goods with foreign markets.There tends to be a postive balance of a country exports more goods than it imports.
Answer:
The actual price = $1.08
Explanation:
The standard material price can be worked out as follows:
<em>Step 1: Work out the standard price of material using the material usage variance</em>
Standard price = Material usage variance/(standard quantity of material - actual quantity)
Standard quantity of material = standard qty per unit × actual production
= 4 × 17,000 =68,000
Standard price = 2,800/(68,000-64,000)= $0.7
<em>Step 2 : Work out the Actual material price using the material price variance</em>
Material price variance = (Standard price - Actual price )× Actual quantity of material
6,400 = (y - 0.7) × 17,000
6400 = 17,000y - 11,900
17,000 y = 6,400 + 11,900
y = 18,300/17,000= 1.08
The actual price = $1.08
Answer:
d. 2750 units
Explanation:
The break-even point occurs when the make option cost equals the buy option cost. The number of units 'x' needed in order for both options to yield the same costs is given by:
The break-even point is 2,750 units