Answer:
6 Cookies {or any >5, <7)
Explanation:
Theory of Comparative Advantage states : A person/ economy having lesser opportunity cost (i.e other good sacrifised) to attain a good, should sell it to - other person/ economy having the good's higher opportunity cost.
Trade is beneficial if the terms of trade exchange ratio is better than own account production sacrifise ratio.
Bill can bake a pie with opportunity cost of 5 cookies. Fred can bake a pie with opportunity cost of 7 cookies. Bill has less opportunity cost of Pie in terms of Cookies, so should sell it to Fred.
The trade between them will be beneficial only if : both of them gain from trade - i.e get a good at lower opportunity cost than their own. Fred getting 1 pie per 6 cookies is better than his own sacrifise ratio i.e 1pie : 7 cookies. Bill getting 1 cookie per 0.16 (1/6) pie is better than his own sacrifise ratio i.e 1cookie : 0.25pie (1/5)
Answer:
Ans. c) Income tax rate must be 23%
Explanation:
Hi, the total income of Thailand´s workforce is:
Since Thailand´s government needs to raise $70,000,000,000, the tax rate has to be:
So Thailand´s tax rate must be: c. 23%
Best of luck.
Option B is the correct answer.
When sugar is exposed to heat, the first thing to occur is that the sugar melts into a thick syrup.
When sugar is put on a heat, and it reaches a temperature of 320 degree F or 160 degree C, the sugar starts to melt. The solid crystals of sugar begin to melt at this temperature. Sugar crystals join together to form a thick caramelized syrup. After more heating, it will change the color to light brown.
Answer: D. A very friendly and engaging personality during the interview that just makes the interviewer like the applicant
Explanation:
To be a great sales associate one skill is paramount, interpersonal skills.
The person needs to be able to relate well with others and this is helped by them having a friendly and engaging personality that draws people to them and makes people like the sales person which will make them more trusting of the goods recommended by the sales person.
The person in option D has this and as such has a better chance of being a good sales associate at the retail store.
