Answer:
The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.
A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.
For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.
If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.
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Answer:
false it will shift to the left
The manager of the cost center does not have control over revenue or the use of investment funds.
<h3>What is a Manager?</h3>
A manager is referred as an individual in an organization who controls and coordinates functions and operations and notifies the use of resources in an appropriate manner after assigning them and helps in strategy development.
The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.
In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.
Learn more about Managers, here:
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Hello,
The answer to this question is B. preliminary screening stage, selection stage, and review stage.
Answer:
$19,870.39
Explanation:
To find the amount that you will have to deposit today, you have to use the formula to calculate the present value:
PV=FV/(1+i)^n, where
PV= Present value
FV= Future value=$25,000
i= interest rate=4.7%
n= number of periods of time= 5 years
PV=25,000/(1+0.047)^n
PV=25,000/(1.047)^5
PV=19,870.39
According to this, the answer is that you will have to deposit today $19,870.39.
