Answer:
They do more intensive labor than manufacturing.
Explanation:
In economics, the marginal propensity to consume,or abbreviated as MPC, is the ratio of the change of consumption to the change of income. In other words, the MPC is the slope of a consumption vs. income plot graph. Analytically, its equation is
MPC = ΔC/ΔI
MPC = ($767-$758)/($927-$912)
MPC = 0.6 or 60%
Beach Bake, a small maker of a new sunscreen, needs financing to build a warehouse. The owner wants to avoid personal loans. Asset-based financing I would recommend.
What is asset based financing?
Working capital and term loans are given to businesses using a specific technique called asset-based finance. As collateral, it uses real estate, accounts receivable, machinery, equipment, and inventories. When a loan to a corporation is backed by one of the company's assets, it is effectively referred to as a secured loan.
How do asset-based loans work?
Asset-based lending refers to a loan or line of credit given to a company and secured by a piece of property. Inventory, equipment, accounts receivable, and other balance-sheet assets are just a few examples of the different types of collateral utilized in asset-based lending.
Learn more about secured loan: brainly.com/question/17077155
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Answer:
Language barrier
Explanation:
poor communication with several vendors will lead to language barrier thus enabling other customers not to meet their expectation
Answer:
6 Cookies {or any >5, <7)
Explanation:
Theory of Comparative Advantage states : A person/ economy having lesser opportunity cost (i.e other good sacrifised) to attain a good, should sell it to - other person/ economy having the good's higher opportunity cost.
Trade is beneficial if the terms of trade exchange ratio is better than own account production sacrifise ratio.
Bill can bake a pie with opportunity cost of 5 cookies. Fred can bake a pie with opportunity cost of 7 cookies. Bill has less opportunity cost of Pie in terms of Cookies, so should sell it to Fred.
The trade between them will be beneficial only if : both of them gain from trade - i.e get a good at lower opportunity cost than their own. Fred getting 1 pie per 6 cookies is better than his own sacrifise ratio i.e 1pie : 7 cookies. Bill getting 1 cookie per 0.16 (1/6) pie is better than his own sacrifise ratio i.e 1cookie : 0.25pie (1/5)