Answer:
2A; 1/2A
Explanation:
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
To determine opportunity cost, add the total amount of good A and B produced by each country
Total quantity of good A produced by country 1 = 300
Total quantity of good b produced by country 1 = 150
opportunity cost of producing good B = 300A/ 150 = 2A
Total quantity of good A produced by country 2 = 225
Total quantity of good b produced by country 2 = 450
opportunity cost of producing good B = 225 / 450 = 0.5A
Answer:
The correct answer is the option D: Cost Leader.
Explanation:
To begin with, a <em>cost leadership</em> strategy consists in the action of establishing a competitive advantage in the business in comparison with the other companies by having the lowest costs as possible so that the price of the product will be lower than the price of the competitors and they might find trouble competing with the cost leader company.
Secondly, in that case presented where the company invests in an information system in order to cut operational expenses to the lowest possible level then the company is concentrated in focusing on the competitive strategy by cost leadership so the products of the competitors will not be able to compete with the ones of the company.
Answer:
C. II and III
Explanation:
The bond was issued with a coupon of 8%. Currently, yield for a similar issue is 7%. Therefore, interest rates have fallen subsequent to the issuance of the bond; or the credit quality of the bond has improved.
When interest rates fall, yields on bonds already trading must also fall. What causes this is a rise in the dollar price of the issue - the bond now trades at a premium.
Answer:
D. Lavinia will win because Lydia received a legal benefit
Explanation:
In this case, Lavinia is the promisee, since Lydia (the promisor) promised to give her $10,000 if she stopped smoking. Lavinia incurred in a legal detriment when she stopped smoking, simply because she has the smoke if she wants to. Personally, I consider smoking a bad habit, but anyone that smokes is free to do so as long as they comply with the law. A legal detriment is always paired with a legal benefit, even if the action doesn't actually result in a tangible benefit to Lydia.
Answer:
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
Explanation:
Given:
Average bottleneck 1 hour = 0.5
Find:
Probability (at least one bottle neck occurs during 8 hours of operation)
Computation:
Expected events in 8 hour = 8(0.5)
Expected events in 8 hour = 4
Probability (at least one bottle neck occurs during 8 hours of operation) = p(X≥1)
Probability (at least one bottle neck occurs during 8 hours of operation) = 1-p(X=0)
Probability (at least one bottle neck occurs during 8 hours of operation) =1-exp(-4)[4⁰]/0!
Probability (at least one bottle neck occurs during 8 hours of operation) =1-0.0183
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817