Suppose that italy and austria both produce fish and cheese. italy's opportunity cost of producing a pound of cheese is 4 pounds of fish while austria's opportunity cost of producing a pound of cheese is 10 pounds of fish. by comparing the opportunity cost of producing cheese in the two countries, you can tell thatitaly has a comparative advantage in the production of cheese andaustria has a comparative advantage in the production of fish. suppose that italy and austria consider trading cheese and fish with each other. italy can gain from specialization and trade as long as it receives more than of fish for each pound of cheese it exports to austria. similarly, austria can gain from trade as long as it receives more than of cheese for each pound of fish it exports to italy. based on your answer to the last question, which of the following prices of trade (that is, price of cheese in terms of fish) would allow both austria and italy to gain from trade? check all that apply. 9 pounds of fish per pound of cheese 18 pounds of fish per pound of cheese 3 pounds of fish per pound of cheese 1 pound of fish per pound of cheese

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Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Drag the tiles to the correct boxes to complete the pairs.(there's not just one answer)match each online banking security practice with the pci security requirement that mandates it.1. encrypting transfer of card data2. installing a firewall3. installing antivirus software4. assigning unique ids and user namesa. vulnerability management programb. credit card data protectionc. strong access controlsd. secure network