Question:
If Korea is capable of producing either shoes or soccer balls or some combination of the two then a. Korea should specialize in the product in which it has an absolute advantage.
b. It would be impossible for Korea to have an absolute advantage over another country in both products.
c. Korea is efficient in the production of both goods.
d. Korea's opportunity cost of shoes is the inverse of its opportunity cost of soccer balls.
Answer:
d. Korea's opportunity cost of shoes is the inverse of its opportunity cost of soccer balls.
Explanation:
Opportunity cost is defined as the cost of choosing or picking particular option or alternative over another option or alternative.
In question, we are told that Korea is capable of producing either shoes or soccer balls or some combination of the two.
Therefore Korea would have to make a list of priorities also know as alternatives or options, to decide if
a. they would produce shoes,
b. or soccer balls
c. or a combination of both shoes or soccer balls.
This process described here is the process of Opportunity cost. Korea would then weigh their options and choose which is better for them either based on profit or any other reason.
Hence, Korea's opportunity cost of shoes is the inverse of its opportunity cost of soccer balls.
Answer:
a. cost of debt
Explanation:
The formula to compute the weighted average cost of capital is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
Since the payment for the dividend is not entitled to a tax deduction but the payment for interest is entitled to a tax deduction. And, the after-tax is considered for the cost of debt and the same is shown in the formula above
Mmhm could you pls expand a little more
Answer:
Customer Relationship Management (CRM)
Explanation:
The core of every CRM system is the gathering and securing of customer information. It all starts there in a complete customer database, later that information is analyzed, shared and updated.
CRM is extremely useful for retaining current customers (increasing customer loyalty) and gaining new ones.
Incomplete question.
However, let's assume the real GDP for quarter 10 was $45,000and for quarter 11 is $47,250.
Answer:
<u>a. 5%</u>
<u>Explanation:</u>
First, remember that the real GDP refers to the total value of all of the final goods and services produced in an economy during a given period (usually a year) after taking into account inflation.
To find the percentage increase, we subtract
$47250-$45,000 = $2250
Next, we find the percentage of the amount on $45,000
$2250/$45000 * 100 = 5%
