Measure the value of commodities.
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Answer:
We require 9.67% return per year to achieve 300,000 in the future
Explanation:
we need to solve for the rate at which a current value of 57,000 dollars will generate 300,000 dollars after 18 years:
Principal 57,000.00
time 18.00
Amount 300,000
![r=\sqrt[18]{300,000/57,000} -1](https://tex.z-dn.net/?f=r%3D%5Csqrt%5B18%5D%7B300%2C000%2F57%2C000%7D%20-1)
r = 0.096653034
Answer:
b) inseparability
Explanation:
Inseparability: It refers to that thing that is not separate from each other. It is a combined service. Just like if a product is sold to a customer so along with it the repairing and warranty expenses are free of cost.
In the given example. the players and the gamer are treated as one which means that they are not inseparable.
So, all other options are incorrect except b. option
Answer:
The correct answer is option C.
Explanation:
The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.
In other words, if the country can produce good cheaply or at a lower opportunity cost.
The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.
