Answer: True
Explanation;
Generally, manufactured goods cost more than the commodity goods that they were manufactured from due to the value that has been added to them. This is what the Prebisch-Singer hypothesis argues, that commodity prices decline overtime in relation to manufacturing good prices.
This is a fate that has befallen many developing countries as many of them export commodity goods to developed countries who then add value to them, turning them into manufactured goods and then selling them back to developing countries at a higher price thereby negatively affecting their balance of trade.
Answer:
b. $16,004.17
Explanation:
The bond pays annual interest of 7% over the 3 years. The annuity factor at 7% for 3 years is 2.6243. The amount of bond is divided by annuity factor to calculate the annual payment of bond. The payment includes bond principal repayment and interest payment. The first payment on July 31 will be for $16,004.17.
Answer:
c. $9.50 each.
Explanation:
For computing the selling price, first we have to compute the total price of three cakes which is shown below:
The sale value of three cakes would be
= $3 per cake × 3 cakes
= $9
And, the producer surplus is $19.50
So, the total price of cake equals to
= $9 + $19.50
= $28.50
And, the number of cake is 3
So, the selling price would be
= $28.50 ÷ 3 cakes
= $9.50 each
Answer:
I couldn't find any possible options, but if Mel wants to expand collaborative involvement between companies, he should try to make them work together.
Mel is probably trying to sell a new software or technological device to his client, and in order to try to convince the client that his offer is the best, he could suggest that the engineers from his company work together with the engineers of the buying company in order to solve any issues or doubts that may exist. This doesn't necessarily mean that they have to come together and work side by side, now you can work together using Skype of other communications app.
