Answer:
A person has a comparative advantage in the production of a good when she or he can produce the product at a lower opportunity cost compared to another person.
Explanation:
Comparative cost advantage is a concept that emphasizes on an individual, a firm or a county specializing in the production of goods in which it has a greater advantage over others. In other words, a country is expected to produce goods in which it can produce with less opportunity cost than its trade partner.
Answer: Increase in Supply of Loanable funds
Explanation:
With people now living longer in Zimbabwe, they will need a way to sustain their selves in their old age. This will lead to them saving more money in pensions and other financial instruments presented by banks.
These banks will then use this money that these people have saved to create loans for entities in the economy thereby increasing the supply of loanable funds and reducing interest rates.
Answer:
$149,100
Explanation:
Given that,
Uchimura Corporation has two divisions: the AFE Division and the GBI Division.
Net operating income = $42,000
Divisional segment margin:
AFE Division = $15,700
GBI Division = $$175,400
Common fixed expense not traceable to the individual divisions:
= AFE Division's divisional segment margin + GBI Division's divisional segment margin - Net operating income
= 15,700 + 175,400 - 42,000
= $149,100
Answer:
The symbol designed by Max is an example of trademark. The correct answer is a.
Explanation:
- Trademark is the symbol, sign, expression or design that signifes the products or services of particular company.
- Trademarks that signifies particular company or service mark if it signifies services, is an intellectual property which no other source can use without permission.
- Brand name is the name of the company that develops the product or service obtained which are also named with the same.