Answer:
(A) Jean has absolute advantage in baking cakes 12 to 10
(B) Vincent comparative advantage in baking pizza as his opportunity cost is lower: 0.5
(C) Jean absolute advantage in making pizza: 8 to 5
(D) Jean comparative advantage in making pizza
Explanation:
(A) jean bakes 12 cakes per hour while Vincent bakes 10
(B) it willl be the pizzas it renounce to do for baking:
Vincent: 5/10 = 0.5 opportunity cost for baking: make 0.5 pizzas
Jean 8/12 = 2/3 = 0.66 opportunity cost for baking: makie 0.66 pizza
(C) Jean makes 8 pizzas while Vincent does 5
(D) As Vincent has a lower opportunity cost for baking, it will have a higher opportunity cost for making pizzas. Thus, Jean will be comparative advantage
It is <span>demographic segmentation.</span>
Answer:
Equity Capital
Explanation:
Stocks or shares are the smallest units of a company. Shareholders is the title given to the owners of shares who also own the company. Shares of a company can be acquired when the business decides to raise more capital but offering more stocks through the stock market.
Companies sell their stocks to raise capital for expansion. Investors provide the capital required in exchange for ownership in the company. The money raised is equity capital because it comes from the company owners. Debt capital is when a business borrows from banks or other lenders.
