Candonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . Suppose that candonia and lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of million pounds of sugar and million pounds of lemons.
Answers
Answer:
Candonia has a comparative advantage in the production of LEMONS, while Lamponia has a comparative advantage in the production of COFFEE. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of 36 million pounds of coffee and 36 million pounds of lemons.
Explanation:
Since a lot of information was missing, I looked it up and found the attached graphs. The graphs referred to production of coffee and lemons, but I guess they are similar questions.
For every pound of lemons that Candonia produces, it will not be able to produce ¹/₂ pounds of coffee (opportunity cost of producing lemons instead of coffee).
For every pound of coffee that Lamponia produces, it will not be able to produce 1¹/₂ pounds of lemons (opportunity cost of producing coffee instead of lemons).
Related Questions
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, who then indorses it to Nat, the present holder. Suppose that Mona pays Nat on the note. With timely notice to the proper parties, Mona may collect payment on the note from:
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Answer:
a. Jake, Kim, or Lou.
Explanation:
A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.
Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou
So here the Mona should collect the payment from the above three parties
hence, the correct option is A.
Suppose Garnett and Kennedy own a downtown apartment in tenancy by the entirety. If Garnett dies, what type of ownership does Kennedy now have?
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Answer:
Sole ownership
Explanation:
Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.
Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP
Which of these people is most likely to be a commissioned employee? A. Waiter B.math teacher C.fast-food worker D.car salesperson
Answers
Answer:
D
Explanation:
Answer:
car sales person.
Explanation:
they make commission on every sale they make
The nurse instructs a pregnant client regarding fetal growth and development. Which statement indicates that the client requires further teaching?
The nurse instructs a pregnant client regarding fetal growth and development. Which statement indicates that the client requires further teaching?
Answers
Correct/Complete Question:
The nurse instructs a pregnant client regarding fetal growth and development which statement indicates the client needs further teaching?
A. The fetus keeps growing throughout pregnancy
B. The fetus may be underweight if it's exposed to smoke
C. The fetus gets nutrients from Amniotic fluid
D. Fetus it's oxygen from blood in the placenta
Answer:
C, the fetus gets nutrients fro the amniotic fluid
Explanation:
Amnionic fluid provides protection for the fetus as it is what surrounds the fetus. Nutrients and oxygen are gotten by the fetus through the umbilical cord vessels and placenta as against the amniotic fluid stated in the answer.
Cheers.
A unique, nonroutine, important decision requiring conscious thinking, information gathering, and careful consideration of alternatives is a(n)
Answers
Answer:
Non-programmed decision.
Explanation:
A unique, nonroutine, important decision requiring conscious thinking, information gathering, and careful consideration of alternatives is a non-programmed decision.
Generally, when an individual (decision maker) makes a non-programmed decision it is typically considered to be an unstructured decision, original and new to him or her, as such these type of decisions are mainly complex or complicated in nature. An example of a non-programmed decision is the decision made by an individual whether to acquire a business firm from his close associates.
"A new issue corporate bond with dated date of June 1st is bought from the underwriter with settlement occurring on Monday, June 28th. How many days of accrued interest is owed to the underwriter?"
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Answer:
27 days
Explanation:
The accrued interest is calculated by beginning the count of days from the dated date of the corporate bond up until the settlement, without including the settlement date.
From 1st June to 27th June, a day before settlement date makes 27 days, as a result, the number of days in respect of which interest is owed to the underwriter is 27 days
Complete Part 1 of the assignment by giving three examples of your workplace strengths and explaining each with one or two paragraphs for each strengths
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Answer:
Some examples of strengths you might mention include:
Enthusiasm.
Trustworthiness.
Creativity.
Discipline.
Patience.
Respectfulness.
Determination.
Dedication.
Explanation:
mental ability tests produceDespite being easy to use and one of the most valid selection methods for all jobs, mental ability tests produce that are three to five times larger than other methods, such as structured interviews, that are also valid predictors of job performance
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Answer:
Despite being easy to use and one of the most valid selection methods for all jobs, mental ability tests produce racial differences three to five times larger than other methods, such as structured interviews, that are also valid predictors of job performance.
Explanation:
The way out of the racial differences produced by mental ability tests is for HR personnel to combine the use of mental ability tests with other assessment methods in order to lessen the racial bias results. By so doing, the job applicants will still be subjected to some form of cognitive or mental ability tests, which is then ameliorated with structured interviews, whose results will be used to compare one candidate's performance against other candidates' performances.
Suppose initially the demand for towels is given by qd = 100− 5p, and the supply of towels is given by qs = 10p. now suppose that at every price, 20 fewer towels are offered for sale. what is the new equilibrium price in the market?
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Entrepreneurs weigh the differences between the benefits of starting a business and those things that they are likely to forego because they choose to work for themselves. Such things they are likely to pass up on are
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Answer:
Employers offered such compensation including paid holidays as well as insurance coverage.
Explanation:
Entrepreneurs already don't obtain compensation offered to the employment contract that somehow a big company may provide, which include things like paid holidays but rather medical benefits. They consider giving up certain advantages to encourage them to operate but instead retain the money that certain companies know.What are three of the most reliable ways a company can distinguish itself in the marketplace, build customer loyalty, and achieve a competitive advantage
Answers
Answer:
1) low-cost provider strategy
2) low-cost strategy
3) broad differentiation strategy
Explanation:
A company applies a low-cost provider strategy when it's able to sell its products at the lowest price among competitors while still making a profit. Also, by using a broad differentiation strategy a company could offer a unique variety of products that would distinguish itself in the marketplace.
A good example of a company that uses the above strategy is Microsoft.
Which of the following is not something the HR specialist will discuss with a new employee?
Answers
Answer:
idk
Explanation:
idk
Customer Name: Joey JonesAge: 30Marital Status: SingleDependents: NoneOccupation: VP - Marketing - ACCO Corp.Household Income: $250,000Net Worth: $60,000 (excluding residence)Own Home: No - RentsInvestment Objectives: Aggressive Growth / Early Retirement at age 50Investment Time Horizon: 20 yearsInvestment Experience: 0 yearsCurrent Portfolio Composition: 401k: $30,000Cash in Bank: $30,000When reviewing this customer's profile sheet, the most immediate question that should be considered is:_______.A. "Does the customer intend to buy a home?"B. "Does the customer intend to get married?"C. "Since the customer earns $250,000 per year, how come he only has $60,000 in his portfolio?"D. "Since this customer is age 30, why does he want to retire by age 50?"The best answer is C.This customer, age 30, is a high earner, yet he only has $60,000 put away in his 401k and in cash. It sure looks like he is a big spender! Beginning a systematic plan of putting away money for retirement is critical when formulating an investment plan for a customer - especially one that wants to retire in 20 years. The customer must be made aware of the fact that, probably, his current spending pattern needs to be curtailed. This customer needs to start socking away money now to meet his early
Answers
Answer:
C. This customer, age 30, is a high earner, yet he only has $60,000 put away in his 401k and in cash.
Explanation:
The customer Mr.Joey Jones is 30 years old and has high earning through his job. He plan to retire at age of 50 so he has 20 years from now for the investment. Mr Joey earns $250,000 yet he has saving of only $60,000 in the bank. This suggests that he is high spender and does not saves much money. If he has plan to retire at age of 50 then he must save money and cut down his expenses to meet portfolio investments.
Tonya lives in Texas. On a trip to Kansas her car broke down in Oklahoma. She used a gas station bathroom but did not buy gas. When she got to Kansas she refueled her vehicle and attended her conference where she ate food and purchased a trinket. She paid a sales tax on the trinket. On her way back she detoured to Colorado and marveled at the beauty of the bighorn sheep and the North American river otter. In which states was Tonya a free rider?
Answers
Answer:
Oklahoma (used a gas station bathroom but didn't by gas)
Explanation:
A free rider is someone that benefits from using a service or a product but that doesn't pay for it. E.g. a person that lives in city A and travels to city B and uses public parks. The parks are financed through taxes paid by residents of city B, since you pay your taxes in city A, you are a free rider in city B.
Her trip to Colorado wouldn't be considered a free ride since the bighorn sheep and the river are things that occur naturally and no one paid to make them.
Digitoll is a digital content company with offices in four cities across the world. Recently, Digitoll began using Sammer, an enterprise service, that allows employees to connect with each other. The use of this service has enabled a sense of community within Digitoll by facilitating communication, collaboration, and knowledge sharing. Identify the management approach used by Digitoll.a. Relational dialecticsb. Cultivation analysisc. Systems thinkingd. Social business
Answers
Answer:
d. Social business
Explanation:
Social business can be defined as a strategic tool whose objective is to engage the stakeholders of an organization. That is, it is the internal and external online integration communities that combined will generate value for an organization, in addition to helping to achieve several advantages, such as creating value, integrating with work, innovation, exchange of knowledge, increased motivation , building stronger relationships, etc., which are significant advantages for positioning the company in the competitive environment and expanding its communication and positive perception of stakeholders.
In the systems approach to organizations, what mediates the feedback to the process of transforming inputs into outputs
Answers
Answer:
The Environment
Explanation:
Systems approach to organisations concludes that if there is a change in one part of the business operations all other parts of business operations will show the change automatically.
Accordingly, Its the environment which shows the changes of input into output.
The organisation focuses on entering the inputs into the production process, and that the environment will automatically see the implemented changes in the input to convert into output.
Concept of identifying customer needs: understanding and influencing customer behavior through ongoing communication strategies in an effort to acquire, retain, and satisfy the customer. The ultimate goal is customer loyalty.
Answers
Answer:
Customer relationship management (CRM)
Explanation:
All of the described actions and goals are part of Customer relationship management (CRM). This term refers to the various different practices, strategies and technologies that an organization may use in order to efficiently manage and analyze all of their customers choices, behaviors, and overall data throughout their time as a customer of the company. All of this is done in order to be able to improve customer service relationships
A change in the quantity demanded comes about when there is a change in the price of the good (other things held constant). Such a change in quantity demanded involves a _____ a given demand curve.
Answers
Answer:
Movement along
Explanation:
As we know that
There is an opposite relationship lies between the price and the demanded i.e. quantity as per the law of demand that means if the price increased than the quantity demanded decreased and vice versa
But when some changes are there in quantity demanded by having change in price keeping other things remain constant so the change in quantity demanded would be movement along with the demand curve and the same is to be considered
Which clause states that the policy owner must pay something of value for the insurer's promise to pay benefits?
Answers
Answer:
The consideration clause.
Explanation:
The consideration clause is a clause which states that the policy owner must pay something of value for the insurer's promise to pay benefits. This clause is very important and essential for the insured and the insurer who are both benefiting from the contract agreement.
A market maker enters a quote of $31.50 Bid; $32.00 Ask; with a size of "3 x 5" into the NASDAQ System. If a market order to sell is entered into the system for 500 shares, and this dealer's quote is matched, the market maker will be obligated to buy:__________.
Answers
Answer: 300 shares at $31.50
Explanation:
The NASDAQ system simply uses an index, or sometimes stick collection that are being utilized to make a snapshot of the market performance.
A market maker enters a quote of $31.50 Bid; $32.00 Ask; with a size of "3 x 5" into the NASDAQ System. If a market order to sell is entered into the system for 500 shares, and this dealer's quote is matched, the market maker will be obligated to buy 300 shares at $31.50.
Firms use ________ systems to integrate business processes in manufacturing and production, finance and accounting, sales and marketing, and human resources into a single software system.
Answers
Answer:
Enterprise
Explanation:
An enterprise system is an information system that provides all the units of a company with coordination and integration of the key business processes. It also helps in resource planning
How can companies use advertising as a public relations tool?
Answers
Answer:
Advertorials allow you to associate your advertising with the credibility of the newspaper. Many businesses employ advertising or marketing professionals to help them develop TV advertorials — which are commonly used as a form of advertising and product placement
Fill in the blank: In the _________ stage of the buyer's journey, the potential buyer has defined their problem and is actively researching different solutions.
Answers
Answer:
Consideration.
Explanation:
The buyer's journey in sales management refers to the process whereby a consumer or customer is aware of a product, considers and decide whether to buy the product.
Hence, the buyer's journey comprises of three main stages and these are;
1. Awareness stage.
2. Consideration stage.
3. Decision stage.
In the consideration stage of the buyer's journey, the potential buyer has defined their problem and is actively researching different solutions. This ultimately implies that, the buyer (customer) already knows what his or her problems are and what they need to get to fix the problem (solution).
Karin Company's loan is due on July 1, 2018. What conditions must Karin meet (at a minimum) so that the note can be classified as a long-term liability on the company's balance sheet at December 31, 2017
Answers
Answer: D. A & C
Explanation:
A long term liability is one that is due to be paid in a period longer than a year. The loan is due in less than a year so the only way to classify it as a long term liability is to make it a loan that will extend past a year. This can be done through refinancing which is to replace the current loan with another loan.
Karin's company therefore would need to demonstrate that the obligation can be refinanced on a long-term basis by them and they must also have the intention to do so as well.
Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answers
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
Rosita's Restaurante has sales of $4,500, total debt of $1,300, total equity of $2,400, and a profit margin of 5 percent. What is the return on assets?
Answers
Answer:
6.08%
Explanation:
Rosita's restaurant has a sales of $4,500
The total debt is $1,300
The total equity is $2,400
The profit margin is 5%
=5/100
= 0.05
Therefore the return on assets can be calculated as follows
= profit margin×sales/total debt +total equity
= 0.05×$4,500/($1,300+$4,200)
= 225/3,700
= 0.0608×100
= 6.08%
Hence the return on assets is 6.08%
The purpose of a(n) ________ is to evaluate an organization's progress toward implementing programs that are socially responsible and responsive.
Answers
Answer:
social audit
Explanation:
The purpose of a social audit
is to evaluate an organization's progress toward implementing programs that are socially responsible and responsive.
Social audit in an organization helps to bring improvement to the organization, it should be noted noted that through social audit, we can measure the behavior of the organization and we can know the necessary steps to carried out for better quality and efficiency.
"A customer buys 5 ABC Jan 30 Straddles for a total premium of $3,500. Just prior to expiration ABC stock closes at $21, and the customer closes the options positions at intrinsic value. The customer will have a:"
Answers
Answer:
$1,000 gain
Explanation:
At the time when the customer purchased straddle, the call and put option is purchased for a similar stock with similar price and expiration date
As it is to be shown that the customer purchased 5 ABC Jan 30 calls and 30 puts
Also the worth of each contract is
= $3,500 ÷ 5
= $700
Now if the price is less than $30, so the call option should not be considered and the put option should be considered as the value is $21
So, here the profit is
= ($30 - $21) × $100
= $900
So here profit per option is
= $900 - $700
= $200
So, the total profit is
= $200 × 5 options
= $1,000
A flexible budget for 15,000 hours revealed variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $120,000. The budget for 25,000 hours would reveal total overhead costs of:_________.
A. $210,000.
B. $270,000.
C. $290,000.
D. $350,000.
E. some other amount.
Answers
Answer:
B. $270,000.
Explanation:
The computation of the total overhead cost is shown below:
But before that first we have to find out the variable overhead per hour which is
= $90,000 ÷ 15,000
= $6 per hour
Now
Variable overhead for 25,000 hours is
= $6 per hour × 25,000
= $150,000
So,
Total overhead cost is
= Variable overhead for 25,000 hours + Fixed overhead cost
= $150,000 + $120,000
= $270,000
hence, the correct option is B. $270,000
What is a market economy regulated by?
Answers
Answer:
The market economy is regulated by the price signals created by the forces of supply and demand.
Explanation:
Answer:
that up there is pretty darn good^^^