Answer:
both Sue and Tessa gain 0.3; 0.50
Explanation:
Sue's production possibilities frontier:
Sue's opportunity cost:
- opportunity cost of producing caps = 21 / 70 = 0.3 jackets
- opportunity cost of producing jackets = 70/21 = 3.33 caps
Tessa's production possibilities frontier:
Tessa's opportunity cost:
- opportunity cost of producing caps = 25 / 50 = 0.5 jackets
- opportunity cost of producing jackets = 50/25 = 2 caps
Sue should produce caps and Tessa jackets:
total production = 70 caps (Sue) + 25 jackets (Tessa), if they trade they will both win because each specialized in producing the good in which they have a comparative advantage (lower opportunity costs). If Sue traded and received 21 jackets, she would still have 28 caps left. If Tessa traded and received 50 caps, she would still have 10 jackets left.
Answer:
Behavior
Explanation:
The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.
For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.
Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.
On the other hand, the calls are being monitored for quality and training purposes.
Answer:
B. are primarily designed to protect bondholders
Explanation:
Protective covenants are designed primarily to protect bondholders from future actions of bond issuer. They are also part of a loan agreement that limits certain actions a company may take during the course of the loan to protect the person who lend the money interests. They provide extra protection for the investors. Creditors use it to protect their interests by restricting certain activities of the issuer that could endanger the creditor's interest.