Answer:
For Jerry, the opportunity cost of building a fence is not making 2 dishes.
Explanation:
The opportunity cost refers to the benefit you lose when you choose one option over another one. In this case, the opportunity cost for Jerry when he decides to build fences is that he won't be able to make dishes. So, as he can build 7 fences or make 14 dishes in a day, the opportunity cost of building a fence is that he won't be able to make 2 dishes.
The best and most correct answer among the choices provided by the question is the fourth choice. <span>"Shareholder wealth" in a firm is represented by </span><span>the market price per share of the firm's common stock. </span><span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>
Answer: Option (a) is correct.
Explanation:
A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.
A country has a absolute advantage in producing a commodity whose production require less number of resources than the other country.
A country exports the commodity in which it has a comparative advantage and imports commodity in which it has a comparative disadvantage.
Therefore, if both the countries decide to trade then Belarus should export linen to Russia.
Answer:
written guarantee that states an item will be fixed or replaced under certain conditions
Explanation:
A warranty by definition is a written guarantee that states an item will be fixed or replaced under certain conditions. Examples of warranties include elements of houses or cars. Warranties reduce consumers' risk by protecting against failure and risk.
<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>