Pizza Hearth is in the process of deciding on the mode of entry into the Eastern European countries. Which phase of the international planning process is Pizza Hearth currently in? A. Preliminary analysis.B. Defining market segment.C. Developing the marketing plan.D. Implementation and control.E. Standardization of the marketing mix.

Answers

Answer 1

Answer:

Letter C is correct. Developing the marketing plan.

Explanation:

As Pizza Hearth is in the process of deciding how to enter Eastern European countries, it can be said that the company is at the stage of developing the marketing plan in the international planning process.

A marketing plan is a document that complements the business plan and contains written in detail all the plans and actions of an organization that will be necessary to achieve its marketing objectives.

As Pizza Hearth is planning to enter a new market, the development of the marketing plan will provide essential subsidies for the company to define the best strategies for reaching the target audience according to its demographic characteristics, such as culture, tastes, lifestyle and others.

Through this strategic tool it is possible to identify the strengths, weaknesses,  opportunities and threats that the micro and macro environment provides the company, assisting in the development of objectives and goals, in the knowledge of competitors and the wishes and needs of potential customers.


Related Questions

Abby consumes only apples. In year1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2, green apples cost $1, and Abby buys 10 green apples.
1. Compute Abby’s nominal spending on apples in each year. How does it change from year 1 to year 2?
2. Compute a consumer price index for apples for each year. Assume that year 1 is the base year in which the consumer basket is fixed. How does your index change from year 1 to year 2?
3. Using year 1 as the base year, compute Abby’s real spending on apples in each year. How does it change from year 1 to year 2?

Answers

Answer:

Explanation:

1. Nominal spending is the total value of output produced or consumed each year.

Year 1 Abby buys 10 ×$1 = $10

Year 2 Abby buys 10 ×$1= $10

⇒ nominal spending= $10

2. Base year - year 1

Consumer price index is a measure of the average change over time in the prices paid by consumers for a market basket of consumer goods and services.

CPI= (prices of the most recent market basket in the particular year/ prices estimate of market basket in base year )x100

However, for multiple products we have to consider the weights of an item.

So, the formula will be:

CPI2= [(P2Red xQ1Red)+ (P2green x Q1green)]/[(P1Red xQ1Red)+ (P1grn x Q1grn)]

CPI2=[ (2 x 10) + (1x0)]/ [(1x10)+(2x0)]

CPI2=20/10=2

Meaning that prices have incresed × 2

3. Real spending is the amount spent in the current year but caliculted at the base year price.

Base year prices:

Red $1

Green $2

Real spending in year 1: (P1red*Q1red) + (P1green*Q1green)

                                     =$1x10 + 0 = $10

Real spending in year 2= (P1redQ2red) + (P1greenQ2green)

                                     = (1x 0) +(2 x 10) = $20

Real spending has increased from $10 to $20

A diesel-powered tractor with a cost of $208,140 and an estimated residual value of $2,700 is expected to have a useful operating life of 48,000 hours. During April, the tractor was operated 300 hours.
Determine the depreciation for the month.

Answers

Answer:

$1,284

Explanation:

The computation of the depreciation expense is shown below

= (Cost of diesel-powered tractor - estimated residual value) ÷ (useful operating life)  

= ($208,140 - $2,700) ÷ ($48,000 hours)

= ($205,440) ÷ ($48,000 hours)  

= $4.28 per hour

Now for the month, it would be  

= Operated hours in a month × depreciation per hour

= 300 hours × $4.28

= $1,284

At an annual growth rate of 3.5%, approximately how long does it take for real GDP per capita to increase from $30,000 to $60,000 in a country?
a. 5 years
b. 10 years
c. 15 years
d. 20 years

Answers

Answer:

d. 20 years

Explanation:

Rule 72 can be used calculate number of years that will be required to double GDP.

Number of Years = 72/ 3.5

                             = 22.5

on the given choices,  the closest number of years is 20 years.

Really Fast Delivery Services has the collected the following information about operating expenditures for its delivery truck fleet for the past five years: YEAR Miles Operating Costs
YEAR Miles Operating Costs
2013 55000 195000
2014 70000 210000
2015 50000 180000
2016 65000 205000
2017 85000 225150
What is the best estimate of total operating expenses for 2018 using the high-low method based on total expected miles of 60,000?

A. $192,900
B. $195,000
C. $196,000
D. $201,000

Answers

Answer:

A. $192,900

Explanation:

In order to compute the total operating expenses for 2018, first, we have to calculate the variable cost per miles and the fixed cost which is shown below:

Variable cost per miles = (High Operating cost - low operating cost) ÷ (High miles - low miles)

= ($225,150 - $180,000) ÷ (85,000 miles -  50,000 miles)

= $45,150 ÷ 35,000 miles

= $1.29 per miles

Now the fixed cost equal to

= High operating cost - (High miles × Variable cost per miles)

= $225,150 - (85,000 miles × $1.29)

= $225,150 - $109,650

= $115,500      

Now the estimated operating expenses would be

= Fixed cost + expected miles × variable cost per miles

= $115,500 + 60,000 × 1.29

= $115,500 + $77,400

= $192,900

 

Estimated OC  for Really Fast Delivery Services is $192,900

Variable cost as per miles = (High OC - Low OC) / (High miles - Low miles)

Variable cost as per miles = [225,150 - 180,000] / [85,000 -  50,000]

Variable cost as per miles = 45,150 / 35,000  

Variable cost as per miles = $1.29 per miles

Fixed cost  = High OC - (High miles × VC per miles)

Fixed cost = $225,150 - (85,000 × $1.29)

Fixed cost = $115,500      

Estimated OC  = Fixed cost + [Expected miles × VC per miles]

Estimated OC  = $115,500 + [60,000 × 1.29]

Estimated OC = $115,500 + $77,400

Estimated OC  = $192,900

So, Option "A" is the correct answer to the following question.

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Record the entry for cash dividend received of $200,000 from the Ferry Intercommunications common shares.

Answers

Answer:

Dr Cash Account and Cr Income statement (i.e investment income)

Explanation:

This represents returns received on  shareholding with  Ferry Intercommunications.

This will credited  as other income in the income statement and it will also increase the company's cash balance since it is a cash inflow.

Last year Marla purchased 100 shares of stock for $8 per share. She paid a flat $75 to purchase the shares. Since making her purchase, she has received $200 in dividends. Marla is concerned that the stock price will fall below its current FMV of $7. Calculate her holdingperiod return if she sells today and pays a $75 commission.

Answers

Answer:

For Marla,

Number of shares purchased is 100 @ $8 per share

Initial Position = 100 * 8 = $800

Dividends Received = $200

Brokerage Paid = 75 + 75 = $150

Current Value of Stock = $7

Current Position for 100 shares @ $7 per share

Current Position = $700

Holding Period Return = Profit/Initial Investment

Holding Period Return = ((700 - 800) - 150 + 200)/800

Holding Period Return = -6.25%

According to IFRS, all of the following pieces of information about property, plant, and equipment must be disclosed in a company’s financial statements and footnotes except for:

a. useful lives.
b. acquisition dates.
c. amount of disposals

Answers

Answer:

b. acquisition dates.

Explanation:

Property plant and equipment  are non-current assets whose economic benefit is spread beyond several years.

The disclosure requirements in accordance with IAS 16 Property Plant and Equipment are:

1. Depreciation method used.

2.The depreciation rate used which may also be the useful life.

3. Gross carrying amount including opening and closing depreciation.

4. The underlying assumptions in computing the gross carrying amount

5. Reconciliation of opening carrying amount with the closing carrying amount for the period.

Answer:

B. Acquisition Date

Explanation:

The International Financial Reporting Standards (IFRS) specifically IAS 16 speaks to the recognition, carrying amount, impairment losses recognition, depreciation and disclosure information on property, plant and equipment. Actually property, plant and equipment could also be known as fixed assets.

IFRS specifies that the useful lives of the Property, plant and equipment be disclosed since this is important in determining depreciation as well as carrying amount among others.

IFRS also specifies that the amounts of disposals be disclosed to better understand closing or salvage value of the asset.

However, IFRS does not specify the disclosure of the acquisition dates in the financial statements or the footnotes of the Company for Property, plant and equipment.

The endpoints (horizontal and vertical intercepts) of the budget line: A) measure the rate at which a consumer is willing to trade one good for another. B) represent the quantity of each good that could be purchased if all of the budget were allocated to that good. C) measure its slope. D) measure the rate at which one good can be substituted for another. E) indicate the highest level of satisfaction the consumer can achieve.

Answers

Answer:

The correct answer is letter "B": represent the quantity of each good that could be purchased if all of the budget were allocated to that good.

Explanation:

The budget line portraits in a graphic the combinations of two products consumers can pay for with their income at a specific level of price. According to this approach, consumers will give up on one product to acquire more of the other good. In the graphic, the endpoint of the vertical and horizontal axis represents the maximum quantity of the good that can be acquired by the consumers if all their income goes towards it.

Explain the differences between a change in quantity demanded of ice cream and a change in the demand of ice cream.

Answers

Answer:

A change in quantity demanded is as a result of a change in price. It leads only to movement along the demand curve. If price increases, quantity demanded falls and if price falls, quantity demanded rises.

A change in demand for icecream in caused by other factors other than the price of Ice cream. Some of these factors include:

1. Taste

2. Weather

3. Change in price of substitutes

4. Expectations

A change in demand leads to the demand curve either shifting to the left or to the right.

Explanation:

By comparing opportunity costs and gains from trade for two parties each making the same two goods, one can determine the exact exchange ratio at which the parties should agree to trade.A. TrueB. False

Answers

Answer:

False

Explanation:

Opportunity cost is entirely a different process which helps to determine the cost someone is willing to bear. By comparing opportunity cost gains from the trade it is not possible to get the exact exchange ratio because opportunity cost just measures the range of options someone can take. Those options can lead to benefit for both the parties.

Blythe, an accountant for Credits & Debits, acquires a negotiable instru­ment from Eton by promis­ing to pay its face value in thirty days. Blythe ac­quires the status of an HDC when she

a. acquires possession of the negotiable instrument.

b. agrees with Eton to buy the negotiable instrument.

c. pays the face value due on the instrument.

d. transfers the instrument to another party.

Answers

Answer:

c. pays the face value due on the instrument.

Explanation:

Holder In Due Course (HDC) is a legal term that describes a person given a negotiable instrument e.g. check, for an exchange of service without any doubt in it's legitimacy.

Blythe ac­quires the status of an HDC when she pays the face value due on the instrument.

If it is true that whenever a manager encounters a particular situation (such as motivating employees to work harder), and a single approach exists (such as raising pay) that will lead to the desired outcome, which perspective on organizational behavior is being supported?

a. The universal perspective
b. The human relations perspective
c. The situational perspective
d. The interactionalism perspective

Answers

Answer:

b. The human relations perspective

Explanation:

The human relations perspective, identifies the manager as one who is supportive to subordinate, such that he or she motivates employees' to work harder. The human relations perspective do not believe in managers oppressing subordinates.

Actions, attire, grammar usage, and proofreading all affect the ________ of an employee.

Answers

Answer:

The most appropriate answer is professionalism.

Explanation:

The professionalism of an employee can be seen by the action he does in working, attire he wears at work, grammar usage in emails and letters written by him and many more other things.

A person who takes care of the action, attire, grammar usage, proofreading seems to be more professional as compared to the person who doesn't care about these things.

Hence the most appropriate answer is professionalism.

A company reports total assets of​ $910,000 and​ stockholders' equity of​ $530,000. Calculate the debt ratio.

Answers

Answer: 42%

Explanation:

Liabilities= assets-stockholders equity, the debt ratio formula is= (liabilities/ assets)

We solve, ( $910,000-$530,000)=$380,000

$380,000/$910,000= 42%

12. If your disposable income falls from $55,000 to $50,000 and your consumption falls from $40,000 to $38,000, your marginal propensity to save is:

Answers

Answer:

Marginal Propensity to save=0.6

Explanation:

In order to calculate Marginal Propensity of save, we have to find the marginal Propensity to consume.

Marginal Propensity to consume=Consumption Change/Income change

Marginal Propensity to consume=[tex]\frac{\Delta\ Consumption}{\Delta\ income}[/tex]

Change in Consumption=$40,000-$38,000

Change in Consumption=$2000

Change in income=$55,000-$50,000

Change in income=$5,000

Marginal Propensity to consume=[tex]\frac{2000}{5000}[/tex]

Marginal Propensity to consume= 0.4

Now,

Marginal Propensity to consume + Marginal Propensity to save=1

0.4 + Marginal Propensity of save=1

Marginal Propensity of save=1-0.4

Marginal Propensity to save=0.6

Answer:

I believe you MPS is now 0.6

Explanation:

Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to purchase equipment. The equipment will have a residual value at the end of its life of $2,000. The useful life of the equipment is 4 years. The new project is expected to generate additional net cash inflows of S24 000 per year for each of the four years. o nes required rate of return is 14% The net present value of this project is closest to: EEB (Click the icon to view the present value of $1 table.) EEB (Click the icon to view the present value of annuity of $1 table.) A. $41,120. B. $39,936 C. $53,360. D. $20,450

Answers

Answer:

A. $41,120.

Explanation:

Year    Description          Cash flow           Present value@14%

0       Equipment cost      ($30,000)                    ($30,000)

1-4      Additional CF           $24,000                    $69,929.10

4        Residual value            $2,000                       $1,184.16

Present value total                                                 $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

Listed below are costs found in various organizations.
1. Direct labor
2. Executive salaries
3. Factory rent
4. Property taxes, factory.
5. Boxes used for packaging detergent produced by the company
6. Salespersons' commissions
7. Supervisor's salary, factory
8. Depreciation, executive autos.
9. Wages of workers assembling computers
10. Insurance, finished goods warehouses
11. Lubricants for production equipment.
12. Advertising costs
13. Microchips used in producing calculators.
14 Shipping costs on merchandise sold
15. Magazine subscriptions, factory lunchroom
16. Thread in a garment factory
17 Executive life insurance
18. Ink used in textbook production
19. Fringe benefits, materials handling workers
20. Yarn used in sweater production
21. Wages of receptionist, executive offices
Required:
For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product.

Answers

Variable costs change in direct extent to the degree of creation or deals, while fixed costs stay consistent paying little mind to yield.

Variable costs:

Direct workBoxes utilized for bundling cleanserSalespersons' bonusesWages of laborers gathering PCsOintments for creation gearComputer chips utilized in delivering number crunchersTransporting costs on stock soldString in a piece of clothing plantYarn utilized in sweater creation

Fixed costs:

2. Chief pay rates

Processing plant leaseLocal charges, processing plantBoss' compensation, production lineDeterioration, leader automobilesProtection, completed products stockroomsPromoting costsMagazine memberships, processing plant loungeChief disaster protectionInk utilized in reading material creationIncidental advantages, materials taking care of laborersWages of secretary, chief workplaces

Selling Expenses:

6. Salespersons' bonuses

Transporting costs on stock soldPromoting costs

Regulatory Expenses:

2. Chief pay rates

Deterioration, leader carsMagazine memberships, manufacturing plant loungeChief disaster protectionWages of assistant, leader workplaces

Producing Expenses:

Direct work (Direct)Manufacturing plant lease (Indirect)Local charges, production line (Indirect)Manager's compensation, manufacturing plant (Indirect)Wages of laborers gathering PCs (Direct)Ointments for creation hardware (Indirect)Computer chips utilized in delivering mini-computers (Indirect)String in a piece of clothing production line (Indirect)Ink utilized in course book creation (Indirect)Incidental advantages, materials dealing with laborers (Indirect)Yarn utilized in sweater creation (Indirect)

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Final answer:

Costs incurred by businesses can be classified into fixed or variable costs, and further broken down into manufacturing, selling, or administrative costs, each with specific direct or indirect associations with the production of goods or services.

Explanation:

Businesses incur various types of costs, which can be classified into fixed costs and variable costs. Fixed costs are expenses that do not change with the level of production, such as rent or equipment, while variable costs fluctuate with production levels, like direct materials or commissions. Additionally, costs can be categorized as manufacturing costs (either direct or indirect), selling costs, or administrative costs.

Direct labor: Variable, Manufacturing Cost, DirectExecutive salaries: Fixed, Administrative CostFactory rent: Fixed, Manufacturing Cost, IndirectProperty taxes, factory: Fixed, Manufacturing Cost, IndirectBoxes used for packaging detergent: Variable, Manufacturing Cost, IndirectSalespersons' commissions: Variable, Selling CostSupervisor's salary, factory: Fixed, Manufacturing Cost, IndirectDepreciation, executive autos: Fixed, Administrative CostWages of workers assembling computers: Variable, Manufacturing Cost, DirectInsurance, finished goods warehouses: Fixed, Manufacturing Cost, IndirectLubricants for production equipment: Variable, Manufacturing Cost, IndirectAdvertising costs: Fixed, Selling CostMicrochips used in producing calculators: Variable, Manufacturing Cost, DirectShipping costs on merchandise sold: Variable, Selling CostMagazine subscriptions, factory lunchroom: Fixed, Manufacturing Cost, IndirectThread in a garment factory: Variable, Manufacturing Cost, DirectExecutive life insurance: Fixed, Administrative CostInk used in textbook production: Variable, Manufacturing Cost, DirectFringe benefits, materials handling workers: Variable, Manufacturing Cost, IndirectYarn used in sweater production: Variable, Manufacturing Cost, DirectWages of receptionist, executive offices: Fixed, Administrative Cost

If all firms in a competitive industry are legally required to meet new regulations that increase their costs of production, what happens to the good's:
a. demand
b. supply

Answers

Answer:

If all firms in a competitive industry are legally required to meet new regulations that increase their costs of production, the supply of goods would decrease.

Explanation:

In order to comply with the new regulations in place and still keep the business profitable, the businesses would choose to decrease production in order to keep the initial cost of production in control (or in the range that it was in before the introduction of new regulations). The firms would take steps in order to avoid market fluctuation and the step of decreasing the production of goods to keep the price stable would be one of those steps.

Final answer:

New regulations that increase firms' production costs in a competitive industry cause the supply curve to shift left, indicating a lower quantity supplied at any given price, while demand initially remains unchanged. Higher production costs may result in higher prices for consumers, potentially affecting demand over time.

Explanation:

When a competitive industry is required to comply with new regulations that increase their production costs, it impacts the supply of the good in the market. The cost increase typically causes a shift in the supply curve to the left, indicating that the quantity supplied at any given price will be lower. This is due to the higher cost of production making it less profitable or more expensive to produce the same amount of goods. Meanwhile, the demand for the good remains unchanged because the change in regulations affects the production side of the market, not the preferences or purchasing power of consumers.

As a result of this leftward shift in supply, we can expect the market price of the good to increase if demand remains constant. Producers may try to pass on the additional costs to consumers in the form of higher prices. Over time, if the increased prices lead to a decrease in quantity demanded, the demand curve may shift to the left, reflecting a lower quantity of goods demanded at each price.

A zero coupon bond: is sold at a large premium. can only be issued by the U.S. Treasury. has a market price that is computed using semiannual compounding of interest. has less interest rate risk than a comparable coupon bond. has a price equal to the future value of the face amount given a positive rate of return.

Answers

Answer:

A zero coupon bond:

A. is sold at a large premium.

B. has a price equal to the future value of the face amount given a positive rate of return.

C. can only be issued by the U.S. Treasury.

D. has less interest rate risk than a comparable coupon bond.

E. has a market price that is computed using semiannual compounding of interest.

Answer is : B

Explanation:

In classification of bonds we have a unique type of bond known as Zero-coupon bonds also know as Pure discount bonds, unlike traditional bonds they don’t pay coupon instead they are sold on discount basis and on maturity the bondholder receive a par value, for this reason the price will be at a discount on sale and on maturity be redeemed at par price showing a positive rate of return.

Final answer:

A zero coupon bond is a type of bond that is sold at a large premium and does not make periodic interest payments. It can be issued by various entities and has a market price calculated using compound interest. Compared to coupon bonds, zero coupon bonds have less interest rate risk and their price is determined by the future value of the face amount given a positive rate of return.

Explanation:

A zero coupon bond is a type of bond that is sold at a large premium and does not make periodic interest payments like a traditional coupon bond. Instead, the investor earns interest through the difference between the purchase price and the face value of the bond at maturity. These bonds can be issued by various entities, not just the U.S. Treasury.

Zero coupon bonds have a market price that is computed using compound interest, typically on a semiannual basis. This means that the interest is added to the bond's value, and the interest in the next period is calculated based on this new value.

Zero coupon bonds generally carry less interest rate risk compared to comparable coupon bonds. This is because the investor knows exactly how much they will receive at maturity, regardless of how interest rates fluctuate during the life of the bond.

The price of a zero coupon bond is equal to the future value of the face amount given a positive rate of return. This means that the price depends on the interest rate and the time until maturity. As interest rates increase, the price of the bond decreases, and vice versa.

If demand shifts right and supply left, then we know equilibrium quantity decreased but we do not know the change in equilibrium price.a. Trueb. False

Answers

Answer:

False.

Explanation:

When there is a rightward shift in the demand curve and leftward shift in the supply curve then as a result the equilibrium price of the good increases and the effect on equilibrium quantity is indeterminate because it depends upon the magnitude of the shifts of demand and supply curve.

Hence, the statement is not true.

A stover-to-ethanol plant produces 40,000 tonne/ year of ethanol and contains 8 functional units: feedstock handling, pretreatment, simultaneous saccharification/fermentation distillation, solid/ sirup separation, wastewater treatment, boilers, and turbogeneration/utilities (McAloon et al., 2000). Estimate the FCI of the plant using the empirical correlation based on the work of Bridgwater and Mumford (1979).

Answers

Answer:

$88 Million

Explanation:

Data provided in the question:

Amount of ethanol produced by stover-to-ethanol plant, F = 40,000 tonne/ year

Number of functional units, N = 8

Now,

For F < 60,000 tonne/ year

The FCI of the plant is given as

FCI = 458,000 × N × [tex]\text F^{0.3}[/tex]

On substituting the respective values, we get

FCI = 458,000 × 8 × [tex]\text 40,000^{0.3}[/tex]

or

FCI = 3,664,000 × 24.0225

or

FCI = $88018398.52 = $88 Million

Suppose that Portugal and Switzerland both produce jeans and cheese. Portugal's opportunity cost of producing a pound of cheese is 5 pairs of jeans while Switzerland's opportunity cost of producing a pound of cheese is 10 pairs of jeans.

By comparing the opportunity cost of producing cheese in the two countries, you can tell that

[A) Portugal. B) Switzerland]

has a comparative advantage in the production of cheese and

[A) Portugal. B) Switzerland]

has a comparative advantage in the production of jeans.

Suppose that Portugal and Switzerland consider trading cheese and jeans with each other. Portugal can gain from specialization and trade as long as it receives more than
Based on your answer to the last question, which of the following prices of trade (that is, price of cheese in terms of jeans) would allow both Switzerland and Portugal to gain from trade? Check all that apply. 3 pairs of jeans per pound of cheese O 15 pairs of jeans per pound of cheese 8 pairs of jeans per pound of cheese 9 pairs of jeans per pound of cheese
[A) 1 pair. B) 1/10 pair. C) 1/5 pair. D) 5 pairs. E) 10 pairs]

of jeans for each pound of cheese it exports to Switzerland. Similarly, Switzerland can gain from trade as long as it receives more than

[A) 1 pound. B) 1/10 pound. C) 1/5 pound. D) 5 pounds. E) 10 pounds]

Answers

Answer:

a.  Portugal has comparative advantage in producing Cheese.

b. Switzerland has comparative advantage in producing Jeans.

c. 8 pairs of jeans per pound of Cheese

   9 pairs of jeans per pound of Cheese

d. The answer is D. 5 Jeans.

e. The answer is B. 1/10 Pound.

Explanation:

a. Portugal can produce 1 pound of Cheese for opportunity cost of 5 pairs of jeans whereas Switzerland can produce 1 pound of cheese for 10 pairs of Jeans, if Portugal imports jeans from Switzerland then it can get 10 jeans against 1 pound of cheese instead of 5 jeans which it can make at his own. So comparatively producing cheese is cheaper for Portugal.

b. referring to the explanation in requirement “a.” above Switzerland has benefit in producing jeans instead of producing Cheese.

c. Portugal can produce 1 pound of cheese for 5 pairs of jeans which suggests that during a trade receiving more than 5 pair of jeans for 1 pound of cheese will be beneficial for Portugal. Similarly Switzerland can produce 1 pound of cheese for 10 pairs of jeans, receiving 1 pound of cheese for less than 10 pairs of jeans can be beneficial for Switzerland.

• 3 pairs of jeans/ pound of cheese will be a loss for Portugal

• 15 pairs of jeans/pound of cheese will be a loss for Switzerland

• 8 pairs of jeans/ pound of cheese will provide gain to both countries

• 9 pairs of jeans/ pound of cheese will again provide gain to both countries  

d. Portugal should trade for more than 5 pairs of jeans for each pound of cheese to gain from the trade because 5 pairs of jeans is the cost it can produce at his own in the country.

e. Switzerland should receive atleast more than 1/10 pound of cheese against 1 pair of jeans to gain from the trade. Because if it produces in his own country 1 pair of jeans equals 1/10 pounds of cheese

(1 Pounds of cheese / 10 Pairs of Jeans)  

Final answer:

Portugal has a comparative advantage in the production of cheese and Switzerland in the production of jeans. Portugal would benefit from trade if it receives more than 5 pairs of jeans for each pound of cheese it exports. Switzerland would benefit if it receives more than 1/10 pound of cheese for each pair of jeans it exports. Trade prices beneficial to both would be 8 or 9 pairs of jeans per pound of cheese.

Explanation:

By comparing the opportunity cost of producing cheese in the two countries, we can tell that Portugal has a comparative advantage in the production of cheese. This is because Portugal only needs to forgo producing 5 pairs of jeans to produce a pound of cheese, while Switzerland has to forgo 10 pairs. On the other hand, Switzerland has a comparative advantage in the production of jeans.

Portugal can indeed gain from specialization and trade as long as it receives more than 5 pairs of jeans for each pound of cheese it exports to Switzerland. This is because Portugal's opportunity cost of cheese is 5 pairs of jeans. So, for the trade to be beneficial, it should receive a price higher than its opportunity cost.

Similarly, Switzerland can gain from trade as long as it receives more than 1/10 pound of cheese for each pair of jeans it exports to Portugal. This is because the opportunity cost for Switzerland of getting one pair of jeans is giving up 1/10 pound of cheese.

So, the prices of trade that would allow both Portugal and Switzerland to gain from trade are 8 pairs of jeans per pound of cheese and 9 pairs of jeans per pound of cheese. This falls in between Portugal's and Switzerland's opportunity costs for cheese.

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The ________ is used to study the course of a product's sales and profits for the duration that it is produced and sold in the market.

Answers

Answer:

The correct word for the blank space is: product life cycle.

Explanation:

The product life cycle is the period of time during which a product is conceived and developed, brought to market and late removed from the market. The cycle includes four (4) stages: research and introduction, promotion and growth, maturity, and decline.

Bruce, a buyer, contracted with Steve, a seller, to buy ten dozen bicycle tires for $960. Payment was due thirty days after delivery. When the tires arrived they were found to be non-conforming to the contract, and Bruce rejected the shipment after inspection. Bruce still has the tires and is required to:________a. Sell the tires to someone else to recover the damage caused by the non-conformity.b. Hold the tires with reasonable care for disposition as the seller instructs.c. Accept the tires and sue for damages for the non-conformity.d. Send the tires back to the seller.e.return the tires to the carrier that brought them.

Answers

Answer:

b. Hold the tires with reasonable care for disposition as the seller instructs.

Explanation:

When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.

1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.

2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.

The seller still has the opportunity to meet the contract standard and close the deal.

So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.

An asset has an average historical rate of return of 10.1 percent and a variance of 0.0116751. What is the upper percentage range of returns would you expect to see approximately two-thirds of the time?

Answers

Answer:

20.91%

Explanation:

Provided information

Average historical rate of return = 10.1 %

Variance = 0.0116751

By considering the above information, the standard deviation would be

= Square root of Variance

= 10.81%

So the upper percentage range of return would be

= Standard deviation + standard deviation

= 10.81% + 10.1%

= 20.91%

Since we have to find out the upper percentage so we added it otherwise we have to deduct it

The Application Development Security domain focuses on _____. Group of answer choices sound and secure application development techniques who may access a system single sign-on technologies and their risks specific attacks and countermeasures

Answers

Answer:

The Application Development Security domain focuses on security vulnerabilities hiding in an application and at different times in the software life cycle.

A change in income preferences or prices of other goods or services leads to a that causes a:______

Answers

Answer:

change in demand; shift of the demand curve.

Explanation:

We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income

In mathematically,

Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)

By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve

For a single-server queuing system, the average number of customers in the waiting line is one less than the average number in the system. Group of answer choices True False

Answers

Answer:

False

Explanation:

This is not the case in case of single-server queuing system

Final answer:

The statement about the average number of customers in the queue being one less than the average number in the system is true for a single-server queuing system.

Explanation:

The statement that the average number of customers in the waiting line is one less than the average number in the system is True. In a single-server queuing system, we typically define two quantities: the average number of customers in the system (L) and the average number of customers in the queue (Lq).

The relationship between these two is given by L = Lq + 1, assuming the server is busy and there is always one customer being served. Customers arriving at the back of the line contribute to Lq, and as they move to the front of the line and receive service, they contribute to L without affecting Lq.

If on average, one customer arrives every two minutes, it does take indeed six minutes on average for three customers to arrive. This can be derived using the theory of queuing systems, which focuses on the analysis of the arrival process and the service mechanism.

The model used here assumes that arrivals are spaced out evenly over time (one every two minutes), a simplification which could be challenged by real-life variances such as peak times or group arrivals.

Which of the following goals use action verbs and have a much greater chance of being understood and accomplished?

a. Vague goals
b. Specific goals
c. Generalized goals
d. Measurable goals

Answers

Answer:

The correct answer is letter "B": Specific goals.

Explanation:

The SMART criteria is a set of practices that aims to help organizations to come up with clear objectives. SMART stands for Specific, Measurable, Achievable, Relevant, and Time-Constrained. Specific goals are those using action verbs specifying what, why, who, where, and which questions.

Financial markets are generally recognized as being semi-strong form efficient, which means

Answers

Answer:

The correct answer is letter "B": all publicly available information is reflected in current prices.

Explanation:

Within the Efficiency Market Hypothesis (EMH) the semi-strong market efficiency implies current stock prices reflect the public information made available in financial markets. According to this approach, the fluctuations in the stock price are the result of that information published and technical and fundamental analysis are useless in "predicting" stock price movements.

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