Answer:
Extrinsic value is the portion of the worth that has been assigned to an item by external factors.
Hope this helped a little!
Answer: For duty-free or zero tariffs on as wide a range of products as possible.
Explanation: The best trade deals aim for duty-free or zero tariffs on as wide a range of products as possible. Better trade deals also include more than just goods. They extend pledges and commitments to include trade in services and investment.
Answer:
Stock A will be preferable for the risk averse Investors.
Explanation:
The reason is that risk is the measure of the vulnerability of the returns on the investment made which means if the return on the investment has greater vulnerability of returns then it is highly risky. So the risk averse investor would prefer stock A with lower risk.
(Special comments:
It must be noted that the higher return shows that the investment is also highly risky because nobody is going to give you more with low risk associated investments. This means lower return on Stock B is also preferable here for the risk averse investor because it carries lower risks.)
Answer:
Total Cost of Job X4A: $
Direct material cost ($9,000 x 500 units) 4,500,000
Direct labour cost (300 hrs x $15 x 500 units ) 2,250,000
Overhead applied (100 hrs x $22.50 x 500 units) 1,125,000
Total cost 7,875,000
Explanation:
The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.
Answer:
a) demand curve and demand schedule
Explanation:
A demand schedule is actually a table while a demand curve is a graph. Understanding the difference between the two of them is important in answering this question but both show different quantities of goods that consumers are willing to buy at different prices. An important assumption is that other factors affecting the quantity demanded are held constant. In summary, a demand schedule shows this relationship in a tabular form while demand curve shows it in a graphical form.
