Answer:
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Explanation:
As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane
On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod
Therefore the option d is correct
Answer:
The expected return on the portfolio is 14.19%.
Explanation:
This problem require us to calculate the expected return on entire portfolio. The expected return on every stock that will be the part of portfolio is given in the question and their weightage in portfolio is also provided in the problem.
We can easily calculate the expected return using following weightage average formula.
ER portfolio' = WA * ERA + WB * ERB + WC* ERC
<em>' WA = Weightage of stock in portfolio</em>
<em>ERA = Expected return on stock A</em>
= 20% * 3.7 + 30% * 14.5 + 50* 18.2
= 14.19%
Answer:
The correct answer is: marginal product; average product of labor
Explanation:
Marginal product of a resource or input can be defined as the increase in output because of employing an additional unit of that resource or input.
It can be calculated by the ratio of change in output to change in input.
The variable factor in the short run is labor. Average unit produced by each labor unit is termed as the average product of labor.
It is calculated by the ratio of total output to quantity of labor employed.
Answer:
b. $20.82
Explanation:
The APR is the annual percent rate on a credit card. That is, Barbara's credit card has a 19.99% annual interest rate. In order to find the amount charged in interest for this month, we must find her monthly interest rate (m):
Since her balance is 1250, her monthly interest is:
The answer is b. $20.82
