Sensitivity analysis. Where one variable is being tweaked a little to see the NPV, that is always sensitivity analysis.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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Answer:
A)not negate the logical basis for trade in the Ricardian model.
Explanation:
Trade can be regarded as basic economic concept which involves the buying as well as selling of goods and services, having a compensation that is been paid by a buyer to a seller.
The Ricardian model can be regarded as model that incorporates the standard assumptions of a perfect competition. This model in it's simplest form give assumption of two countries that are producing two goods, but uses one factor of production, the goods here are usually assumed to be identical, or to be homogeneous, within as well as across countries. It should be noted that when there is higher wage, there will be greater number of workers that are willing to work and vice versa, which defined the relationship between wages and productivity. productivity gives the
measurement of how efficiently labor
is been utilized when producing goods and services.
It should be noted that If labor productivities were exactly proportional to wage levels internationally, this would not negate the logical basis for trade in the Ricardian model.
Answer:
Product Qty Cost Market LCM Result
Mountain Bikes 30 $700 $650 30*650 $19,500
Skateboards 26 $230 $260 26*230 $5,980
Gliders 12 $870 $830 12*830 $
9,960
Answer:
masculinity
Explanation:
Geerte Hofstede's theory of national cultural established 5 dimensions:
- Power distance (PDI)
- Individualism versus collectivism (IDV)
- Masculinity versus femininity (MAS)
: masculinity emphasizes ambition and wealth accumulation, while femininity emphasizes caring and nurturing behaviors, environmental awareness and gender equality.
- Uncertainty avoidance (UAI)
- Long-term orientation (LTO)