Answer:
D. It is cheaper to produce some goods in the U.S. because productivity is higher here.
Explanation:
If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.
Productivity is defined as how effectively a production process is. It is the ratio between output and input used.
If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.
The United States will be able to maximise inputs used in the production process to give higher output.
Africans were successively delivered to the regions depicted in blue, in what became called the "Middle Passage".
The "middle passage," which brought the slaves from geographical region to the West Indies, might take three weeks. The Transatlantic (Triangular) Trade involved many continents, plenty of cash, some cargo and sugar, and lots of African slaves.
Historians estimate that about a million enslaved people were sold and moved round the country between 1808 and therefore the abolition of slavery in 1865. This internal movement of enslaved people is termed the Second Middle Passage.
The first slave traffic voyage from the American colonies sailed out of Massachusetts. The ship Desire left Salem in 1637, carrying Native American captives from the Pequot War to be sold as slaves within the Caribbean. This refers to the voyage of slaves from Africa, who were forced over to land.
European powers, aided by locals, captured the slaves and Caribbean traders received the slaves in exchange for goods from earth.. Commercial goods from Europe were shipped to Africa available and traded for enslaved Africans.
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Answer:
1. The firm does not have excess capacity.
Minimum transfer price on full capacity = Variable Cost + Contribution to be Lost
Minimum transfer price on full capacity = $360 + ($600 - $360)
Minimum transfer price on full capacity = $360 + $240
Minimum transfer price on full capacity = $600
Transfer Price = $600 per Unit (Market price per unit).
2. The firm does have excess capacity. Minimum transfer price on excess capacity = $360 per Unit (Standard Variable Manufacturing cost per unit).
Answer:
The percentage return on the bond is 8.02%
Explanation:
The return on the bond comprises of the increase or decrease in bond's price plus the coupon earned by investors on the bond in the year.
The difference in market price is considered that is the amount could be sold for in the market price at that point in time.
The return on the bond is computed thus:
closing price minus opening price ($1,982.79-$1,946.61)=$36.18
plus coupon received($2000*6%) =$120
total return $156.18
% return =total return/opening price
=$156.18/$1946.61
=8.02%
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