Comparative advantage<span> refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.Hope you like:)</span><span>
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Answer:
it is refered to as profit maximization condition
Answer:
The correct answer is the option B: Chief Security Officer.
Explanation:
To begin with, a <em>Chief Security Officer</em> or CSO is the most important senior level executive that an organization has in its team whose main purpose is to <em>develop and oversight policies and programs whose primary focus are on the mitigation and reduction of secutiry risk</em> regarding the protection of people, intellectual assets and tangible property.
Secondly, the security of the organization regarding the fact of cyber attacks does have a cooperative inter-connected involvement, where the figure of <em>Chief Information Security Officer</em> appears and combines their function with the CSO. Moreover, the CISO is the one executive inside the organization that <em>focuses to the problems about ensuring information assets in particular</em>.
Answer: The change will be $400 billion.
Explanation: The marginal propensity to consume (MPC) is used to explain that increase in consumption is as a result of increase in income.
To calculate how much the equilibrium real GDP will change:
STEP1: CALCULATE THE MULTIPLIERS
multipliers = 1 ÷ (1 - MPC)
Where MPC = 0.
Therefore;
Multipliers = 1 ÷ (1 - 0.5) = 1 ÷ 0.5
Multipliers = 2
STEP 2: CALCULATE HOW MUCH THE EQUILIBRIUM REAL GDP WILL CHANGE;
Multipliers × change in consumption spending
2 × $200 billion = $400 billion
Equilibrium real GDP will change with $400 billion
Answer:
$9.15
Explanation:
Contribution margin is the net value of sales and variable cost of a product. We need to deduct variable cost from selling price of a product to calculate the contribution margin .
First we need to determine the total variable cost.
Labor Cost ( $9 x ( 1 - 0.1 ) ) $8.1
Material cost $12.75
Shipping cost <u>$2.50</u>
Total Variable cost <u>$23.35</u>
Price = $32.50
Contribution Margin = Selling price - Variable cost
Contribution Margin = $32.50 - $23.35 = $9.15
