Answer:
The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.
Explanation:
These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.
105 if the vegetables, fruits, and cheeses are unique.
6 if the vegetables, fruits, and cheeses are interchangeable.
There are 2 possible solutions to this problem depending upon how you actually look at the problem. Both solutions assume that the problem gets simplified to "What 13 items out of the 4 vegetables, 5 fruits, and 6 cheeses, will Marlon select?" The reason is because Marlon is going to select the 7 breads, so he can only select 13 more items.
First possible solution is that the vegetables, fruits, and cheeses are unique. For instance he has peas, carrots, tomatoes, and beans as his vegetables and the same for fruits and cheeses. For that situation, the number of ways to fill the remaining 13 slots is 15!/(13!2!) = 105 possible ways.
The second possible solution is that he has 4 identical vegetables, 5 identical fruits, and 5 identical cheeses. Since each item of each type is identical, there isn't any real distinction between them. So let's simplify the problem and instead as "Which 2 items Marlon won't buy?" and the answer to that question will be the same as the number of things he will buy. But it will be small enough to completely enumerate the possible solutions. Marlon may throw away as the first item any of a vegetable, fruit, or cheese for a total of 3 possibilities. And for the 2nd item, it can also be any of a vegetable, fruit, or cheese. So you have 9 possibilities. But that's not completely true. There's no real difference between vegetable/cheese and cheese/vegetable. So if you ignore the order, there's a total of 6 different combinations that Marlon can toss out of his cart. And therefore there is a total of 6 possibilities for Marlon to fill the remaining 13 slots he has in order to use the express lane.
Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
Answer: 0.4
Explanation: MPC, that is, marginal propensity to consume is used to quantify the consumption induced. As we know that, MPC is calculated as follows :-
= 0.4
Answer:
when Thomas received the document of title.
Explanation:
When a contract is formed there has to be an offer and agreement. Bricklay's made an offer by drawing up the title documents and sending them to Thomas.
When Thomas recieves the title deeds he has accepted the offer made by Bricklay's.
So the goods have officially been passed to Thomas even if he had not picked it up
