Answer:
The correct answer is option d.
Explanation:
Absolute advantage refers to the situation when a firm can produce more of a commodity at the same cost, or same level of commodity at a lower cost.
Morocco can produce 25 metric tons of grain and 75 metric tons of date.
While France can produce 20 metric tons of grain and 10 metric tons of date.
We see that Morocco can produce more of both the commodities so it has an absolute advantage in production of both grain and dates.
Comparative advantage refers to the situation when a country is able to produce a commodity at a lower opportunity cost.
The opportunity cost of producing a metric ton of dates for Morocco is
= 
= 
= 0.2
The opportunity cost of producing a metric ton of dates for France is
=
= 
= 2
Morocco has a lower opportunity cost in producing dates so we can say that it has comparative advantage in producing dates.
The opportunity cost of producing a metric ton of grain for Morocco is
=
= 
= 5
The opportunity cost of producing a metric ton of grain for France is
=
= 
= 0.5
France has a lower opportunity cost in producing grains so we can say that it has comparative advantage in producing grains.
Answer:
r = (- 4.431%)
Explanation:
Given that,
During 2003, auction house sold a sculpture(Final value) = $10,291,500
Purchasing Price of sculpture in 1999(Initial value) = $12,337,500
No. of years elapsed = 2003 - 1999
= 4 years
0.955680838 - 1 = r
- 0.04431 = r
- 4.431% = r
Therefore, annual rate of return on this sculpture is -4.431%
Answer:
13.44%
Explanation:
Debt to total assets = Total Debt / Total Assets
45% = Total debt / $230,000
Total Debt = $230,000 x 45% = $103,500
As we know
Assets = debt + Equity
$230,000 = $103,500 + Equity
Equity = $230,000 - $103,500 = $126,500
Return on Equity is the measure of financial performance which can be calculated by dividing net income for the year by total shareholder's equity.
Return on equity = Net income for the year / Shareholders equity
ROE = $17,000 / $126,500 = 0.1344 = 13.44%
An example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry.
<h3>What are substitute products?</h3>
A substitute products refers to similar product that can be replaced with use of former product by the consumers
In conclusion, the example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry
Read more about substitute products
<em>brainly.com/question/26412681</em>
