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3 years ago

The question - in your opinion, why do most economists oppose policies that restrict free trade or trade among nations

1 answer:

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Restricting free trade or trade among nations creates outside market influences that cause markets to act in unpredictable ways. This could artificially makes prices higher or lower than they should be. It can also cause shortages in goods or services produced. This prevents market optimization.

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Roman Knoze is considering two investments. Each will cost $20,000 initially. Project 1 will return annual cash flows of $10,000

Artyom0805 [142]

Answer:

NPV= $4,079.63

Explanation:

Giving the following information:

Initial cost= -$20,000

Rate of return= 10%

To calculate the net present value, we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

First, we need to discount the cash flows:

PV= Cfn / (1+i)^n

Cf1= 5,000/1.1= 4,545.45

Cf2= 10,000/1.1^2= 8,264.46

Cf3= 15,000/1.1^3= 11,269.72

Total PV= $24,079.63

Now, the NPV:

NPV= -20,000 + 24,079.63

NPV= $4,079.63

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2 years ago

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. Calculation of level of sales

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. Calculation of Target fixed Assets/Sales ratio

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. Calculation of Increase in Fixed assets

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

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3 years ago

One way that criminal law differs from civil law is that it: provides remedies for violations of private rights. must yield a un

lara [203]

Answer:

Criminal law "must must yield a unanimous verdict."

Explanation:

Civil law refers to a body of law protecting individual rights. It handles disagreement between people, or organizations.

Criminal law deals with crimes commited against the state or federal government by an individual who breaks a criminal law.

Most civil cases don't make it to trial and are settled outside the courts.

A criminal case on the other hand, requires a unanimous verdict from the jury and sentencing by the judge. Anyone who commits a crime is at the mercy of the court.

7 0

3 years ago

Which of the following is an example of the barter system?

nlexa [21]

Answer:

B. Taking a friend to lunch in return of a favor

Explanation:

Barter System is direct commodity/ service to commodity/service exchange , without using money as an intermediary exchange medium . It is also called C to C exchange .

Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .

So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .

B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable example.

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3 years ago

Jacques lives in san diego and runs a business that sells pianos. in an average year, he receives $842,000 from selling pianos.

Leona [35]

Implicit Cost Explicit Cost The wholesale cost for the pianos that Darnell pays the manufacturer $452,000 The salary Darnell could earn if he worked as an accountant $48,000 The wages and utility bills that Darnell pays $301,000 The rental income Darnell could receive if he chose to rent out his showroom $38,000 B. Profit ($) Accounting Profit 842,000 - 452,000 - 301,000 = 89,000 Economic Profit 842,000 - 452,000 - 301,000 - 48,000 - 38,000 = 3,000 C. Economic Profit as an accountant = 48,000 + 38,000 - 89,000 = -$3,000. Thus, Darnell should stay in the Piano business to maximize the Economic Profit.

8 0

3 years ago