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ohaa [14]
3 years ago
15

Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d

ishes. If he instead devotes his day to building fences, Tom will build 4 fences. If Jerry spends his day making dishes, he will make 14 dishes; if he spends the day building fences, he will build 7 fences. Jerry has a comparative advantage in______
Business
1 answer:
nekit [7.7K]3 years ago
8 0

Answer:

Jerry has a comparative advantage in fences

Explanation:

Comparative advantage is a concept in economics that states the product in which a person / company/ country has relative advantages or may produce more in comparison to competition.

Jerry produces 7 fences but Tom only 4 so Jerry, if he concentrated only in fences would be more competitive or productive than Tom. Tom instead, as he can produce 16 dishes. two more than Jerry has comparative advantages in the production of dishes.

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You want to construct a portfolio containing equal amounts of U.S. Treasury bills and two stocks. If the beta of the first stock
Tasya [4]

Answer:

the beta of the second stock is 1.77

Explanation:

The beta of the second stock is shown below;

Investment in each = (1 ÷ 3)

Now as we know that

Portfolio beta = Respective investments × Respective weights

1 = (1 ÷ 3 × 1.23) + (1 ÷ 3 × beta of the second stock) + (1 ÷ 3 × 0)

We assume the Beta of risk-free assets would be zero

1 = 0.41 + (1 ÷ 3 × beta of the second stock)

The beta of the second stock is

= (1 - 0.41) × 3

= 1.77

Hence, the beta of the second stock is 1.77

8 0
3 years ago
Drag the tiles to the correct understand the different types of life insurances
VashaNatasha [74]

1.plan that earns tax-deferred interest income and has high risk

d. guarantee universal life

2.plan that builds wealth and pays a death benefit

a. term life

3.plan that covers a family while the person is employed

b. index universal life

4.plan that covers someone for his or her life

c. whole life

3 0
3 years ago
Read 2 more answers
This text appears and a Canamak's page of the local newspaper.One of the sentences is incorrect. Which corrected sentence would
Mama L [17]
Answer: option C.

It corrects the error in the original because when business seek to reduce cost  cut positions not the contrary. The employment goes down which is the same that unemployment goes up.
8 0
3 years ago
In Fiedler's contingency theory, the term ____ refers to the degree to which leaders are able to hire, fire, reward, and punish
Lina20 [59]
The answer is d. position power
4 0
3 years ago
Introduction: In the greater Seattle-Tacoma area, an arms race continues between hospitals to gather the most modern technology
Dmitry [639]

Answer:

The da Vinci Surgical Equipment

1. 1. The annual rate of interest being charged to the hospital for this da Vinci surgical equipment is computed as 18.055%.  

The computed total interest that the hospital will pay over the 36 months' period = $574,715.60.

2. This rate of interest is too high.  The hospital could borrow the sum of $1,900,000 from other sources without paying as high an interest rate.  Therefore, it is not a good deal for the lessee hospital.

3. The hospital should care if the lease were either an operating or capital lease.  An operating lease means that the hospital can only use the equipment for a determined number of years, which is usually less than the useful life of the equipment.  But if it were a capital lease, the hospital is sure that the equipment becomes its own property.

Explanation:

a) Data and Calculations:

Cost of equipment = $1,900,000

Monthly lease payment = $68,742.10

Lease period = 36 months

Using an online financial calculator:

Interest Rate = 18.055%

Total of 36 Monthly Payments = $2,474,715.60

Total Interest Paid = $574,715.60

3 0
3 years ago
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