Answer:
complements.
Explanation:
Complementary goods are those goods that can be used together. When there is complementary goods so if there is a rise in the price of one good so it reduced the quantity demanded for that particular good so automatically its complementary good demand is also reduced as the goods are used together
Therefore as per the given situation, the option 2 is correct
Answer: Gains and losses on unsold held-to-maturity debt securities.
Explanation:
Comprehensive income simply refers to the sum of the net income and every other items which pass through the income statement due to the fact that they've have not been realized.
From the options given, it should be noted that the statement of comprehensive income does not include the gains and losses on unsold held-to-maturity debt securities.
Answer: Greece; Sweden
Explanation:
A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country or firm as compared to the other country or firm.
Greece's opportunity cost of producing a pane of stained glass = 4 barrels of oil
Sweden's opportunity cost of producing a pane of stained glass = 8 barrels of oil
Therefore, opportunity cost of producing a pane of stained glass is lower in Greece as compared to the Sweden.
Hence, Greece has a comparative advantage in producing stained glass.
Greece's opportunity cost of producing a barrel of oil =
= 0.25 pane of stained glass
Sweden's opportunity cost of producing a barrel of oil =
= 0.125 pane of Stained glass
Therefore, opportunity cost of producing a barrel of oil is lower in Sweden as compared to the Greece.
Hence, Sweden has a comparative advantage in producing Oil.
Answer:
Loss of $250
Explanation:
As provided the total premiums = $750
That is credit of $750
When closing is done at price of trading = 2
Each call = $200
Closing position of $200 per contract.
Since there are 5 calls, value = $200 5 = $1,000
Thus, there is a debit left of $1,000 - $750 = $250
This concludes that there is a loss of $250.
Answer:
The answer is: George will win the lawsuit
Explanation:
George and Mary had a legal binding contract, in which each party agreed to:
- Mary agreed to pick up George's horses and care for them during his two month trip.
- George agreed to pay Mary for her work as horse keeper.
If Mary breached the contract by failing to perform her part, George is entitled to sue her.