Answer:
False
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with its trading partners.
I hope my answer helps you
The statement bakers are much likely to supply pastries to the market if property rights are not enforced is <u>false</u>.
<h3>What is property rights? </h3>
Property rights can be defined as the right given to person to own and use their property they way they like or wish to use it.
The statement is not true because bakers are much likely to supply their pastries to the market if property rights are enforced.
Therefore the statement bakers are much likely to supply pastries to the market if property rights are not enforced is <u>false</u>.
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Answer:
The correct answer is E.
Explanation:
Giving the following information:
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $276,000 to $544,500 and would decrease the current variable costs of $60 by $15 per unit. The selling price of $100 is not expected to change.
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 544,500/ [(100-45)/100]
Break-even point (dollars)= $990,000
Answer:
The owner's equity amounts to $1,040,000
Explanation:
The formula to compute the owner's equity is as:
Owner's equity = Assets - Liabilities
Where
Assets = Land + Machinery + Cash
= $1,500,000 + $30,000 + $10,000
= $1,500,000 + $40,000
= $1,540,000
Liabilities = Loan
= $500,000
Putting the values above in the formula:
= $1,540,000 - $500,000
= $1,040,000
Answer:
The best answer is C.
Explanation:
Regulation T initial margin to short stock is 50% of $3,000 = $1,500. However, since this is a new account, it must meet the minimum initial margin of $2,000 needed to open an account. Therefore, $2,000 must be deposited.