Answer:
<u>Foreign trade</u>
Explanation:
Often times a major determiner of the value of countries currency is the amount of their exports.
Thomas therefore as a financial advisor <em>should advise the government to build more on production of locally available materials that are highly demanded internationally for exports, by so doing he could improve the country's currency</em>.
Answer:
Option A.
Explanation:
Given information:
Assets = $111,000
Liabilities = $39,000
Common Stock = $69,000
Retained Earnings = $3,000
Revenue = $5,900
Incurred expenses = $3,450
Dividends = $1,900
We need to find the amount of net income for the year.
Formula for net income is
Net income = Total revenue - Total expenses
= $5,900 - $3,450
= $2,450
The amount of Golden's net income for the year is $2,450.
Therefore, the correct option is A.
Future decisions about whether to produce ethanol for gasoline or for hand sanitizer would not be informed by the sunk costs they incurred to retrofit their plant.
<h3>What are sunk costs?</h3>
Sunk cost is a cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.
To learn more about sunk cost, please check: brainly.com/question/26502221
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Answer: Default risk differences.
Explanation:
The Default risk is the inherent risk a lender faces that a borrower will not pay them back the debt they want to borrow. The lender will therefore charger a high return to cater for this risk. The higher the risk, the higher the return charged.
T-bonds have no default risk because they are guaranteed by the US Government which is why it's rate is the lowest. For the other bonds, there is something called a Credit rating. Bonds are usually rated on how risky it will be to lend to the company borrowing with AAA being of the lowest risk. Therefore as one goes up from AAA, the bonds will have higher default risks.
As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".
The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.
