Autarky is a state that exists where the entity can survive with no external help or the global trade.
<h3>What is trade?</h3>
Trade is the scenario when the nation engaged in acquiring or selling goods or providing services from or to the outside nations.
- Autarky is the situation of being self independent or exercising the self rule. It is being applied to the political states, systems of economy, communities or states of the nation.
- When an entity can able to exist in the market with no global interference or any kind of external help, then that situation of a firm is tend to be an Autarky.
Therefore, the definition provided in respect of the term Autarky.
Learn more about the international trade in the related link:
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The Hawthorne studies taught managers that communication with the employees is essential for higher productivity and efficiency. One theory in the human relations subject which is criticised is Maslow's hierarchy of needs.
Answer:
15.18%
Explanation:
Calculation for the nominal annual rate
First step is to find EFF% using this formula
EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year
Let plug in the formula
EFF%=[1+(15%/12)^12
EFF%=(1+0.0125)^12
EFF%=(1.0125)^12
EFF%=1.1608×100%
EFF%=116.08%
Second step is to find Rnom compounding quarterly of 116.08% using this formula
Rnom compounding quarterly = (1+(R/4)^4
Let plug in the formula
Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4
Hence,
Rnom compounding quarterly = 15.18%
Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%
Answer:
Standard deviation of Tc is 1600
Explanation:
See attached file
Answer:
The correct answer is letter "D": B will decrease and the demand for C will increase.
Explanation:
Substitute goods are those whose quantity demanded are inversely proportional. It implies if the quantity demand for one product increases, the quantity demanded for its substitutes will decrease and vice versa.
Complementary goods' quantities demanded have a directly proportional direction. Thus, if the quantity demanded for one product increases, the quantity demanded for its complementary goods increase as well.
So, <em>the cost of producing good A will bring its prices down causing the quantity demanded for A to increase -demand law. Substitute good B will see its quantity demanded dwindled while complementary good C will see its quantity demanded increased.</em>
