Answer:
Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.
Explanation:
Answer:
The correct answer is option D.
Explanation:
The money equation given by Irving fisher is popularly known as fisher's equation.
The equation is given as MV=PT
Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.
The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.
P is the average price level and T represents the expenditures on all transactions or, in other words, output level.
Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.
There is no explicit mention of the interest rate in this equation.
So, option D is the correct answer.
Answer:
Product M Product C
Contribution margin per unit (a) $6 $7
Oven hours (b) 0.2 0.3
Contribution margin per oven (a/b) $30 $23.33
Here, the most profitable product is product M (Muffins).
Contribution margin = Contribution margin per oven * Oven capacity
Contribution margin = $30 * 1500 hours
Contribution margin = $45,000
So, the contribution margin of company is $45,000 if it produces only the most profitable product.
Answer:
Please find the complete question and its solution in the attached file.
Explanation:
Answer:
Bryophytes are non-vascular plants, without xylem and phloem. They reproduce by gamete formation. For eg., mosses, liverworts and hornworts. On the contrary, pteridophytes are vascular plants with xylem and phloem.