Answer:
The correct answer is letter "B": improve; rise.
Explanation:
Terms of Trade measures the efficiency of a country's trade. It is a ratio which compares the exports of a country with its imports. It is <em>calculated by dividing the export value by the import value, and by multiplying the result by one hundred (100)</em>. A terms of trade figure higher than 100, means a country exporting goods at a higher value than its imports.
<em>Given the case that there is no willingness to trade in an economy after a growth, the most possible scenario to take place is that the trade terms will </em>improve <em>as a result of the decrease in the demand of imports and assuming the level of exports keeps at the constant level that allowed the economic growth or if it even </em>rises<em>.</em>
Answer:
The answer is: A) When the marginal cost of producing an additional unit equals the marginal revenue from that unit.
Explanation:
In economics, we assume that a company´s main goal is to maximize its profit. In order for any company do to this, the marginal cost (MC) of producing an extra unit of production must equal the marginal revenue (MR) obtained by selling that extra unit of production.
Theoretically, in perfect market conditions, MR=MC in the equilibrium point between quantity supplied and quantity demanded. But on real world conditions elasticity of both demand and supply alter the curves.
The owner within the organization has to be RBS certified. Responsible Beverage Service training teaches servers how to serve alcoholic beverages responsibly for on-premises consumption while also reducing alcohol-related harm in California communities.
The new California law covers more than just bartenders and servers. This new law will have an impact on the entire alcohol industry. requiring nearly everyone to participate in a Responsible Beverage Training course (RBS). Depending on your location, the Study Material and final exam will take between 2 and 6 hours. The exam is 90 minutes long and must be completed in one sitting.
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Set the significance level of the probability of making a type error to be small 0.01, 0.05, or 0.10 compare the P value to if the P value is less than or equal to reject the no hypothesis in favor of the alternative hypothesis.
