Answer:
c. 12 pairs of jeans per pair of shoes
Explanation:
Suppose that Spain and Germany both produce jeans and shoes.
Spain's opportunity cost of producing a pair of shoes is 5 pairs of jeans Germany's opportunity cost of producing a pair of shoes is 10 pairs of jeans.
By comparing the opportunity cost of producing shoes in the two countries, you can tell that__Spain__ has a comparative advantage in the production of shoes and _Germany__has a comparative advantage in the production of jeans.
Similarly, Germany can gain from trade as long as it receives more than 10 pair of shoes for each pair of jeans it exports to Spain.
Based on your answer to the last question, which of the following terms of trade (that is, price of shoes in terms of jeans) would allow both Germany and Spain to gain from trade?
c. 12 pairs of jeans per pair of shoes
Answer: 2). z-value
Explanation: the z- value is a statistical tool used to measure the deviations of the standard deviation above or below the population mean,it can also be placed on a normal distribution curve.It used to calculate the probability of a value appearing within the normal distribution curve,it can also be used to determine the percentage of people participating in a given activity like the time it takes to complete a given task/ project by different persons.
Answer:
Ohhh, this is business related. The requirements for an acceptance, in economics/business, are that both people in the agreement must do what they requested, and the offer must be made with the intent to follow through on the agreement. You can look at Google for a more in depth explanation, but this should help. :)
Answer:
He has to deposit $750.46 every month into the account
Explanation:
Future value id the accumulated amount of principal and compounded interest at the end of a specific investment period.
Assuming interest is compounding every month, use following formula to calculate the amount of payment each month.
FV = PV x ( 1 + r )^n + A x ( ( 1 + r )^n - 1 ) / r
$57,000 = $10,000 x (1+0.1%)^5x12 + A x ( ( 1+0.1% )^5x12 -1 ) / 0.1%
A = { $57,000 - [ $10,000 x ( 1 + 0.001 )^60 ] } / [ ( ( 1 + 0.001 )^60 )-1 / 0.001 ]
A = ( $57,000 - $10,618.05 ) / 61.80471
A = $46,381.95 / 61.80471
A = $750.46
Answer: A $37.280.
Explanation:
Adjusted book balance will include those transactions made or charged by the bank for/to the company so will include;
= Balance per books - Insufficient funds check - Utility bill paid by bank - Check printing charge
= 40,000 - 1,400 - 1,240 - 80
= $37,280