1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ale4655 [162]
2 years ago
14

Assume Germany can either produce 3 bushels of wheat or 6 bushels of corn in a set period of time, and the United States can pro

duce either 2 bushels of wheat or 3 bushels of corn in a set period of time. Which nation has a comparative advantage in producing corn
Business
1 answer:
Sidana [21]2 years ago
6 0

As per the given scenario, the Germany nation has a comparative advantage in producing corn.

<h3>What is comparative advantage?</h3>

Comparative advantage is when one country can produce a good at a lower cost in terms of other goods.

As Germany can produce 6 bushels of corn and the united states can produce 3 bushels of corn in a set period, Germany has a comparative advantage in producing corn.

Learn more about Comparative advantage here:

brainly.com/question/13221821

#SPJ1

You might be interested in
Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?
Ivenika [448]

Answer:

the short term, unemployment rates would drop drastically.

8 0
3 years ago
Read 2 more answers
Assume that the current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.
ioda

Answer:

The correct answer is B.

Explanation:

Giving the following information:

The current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.

To calculate the price index we need to make a simple division:

Price index= P1/P0

PI= 2,500/2,000= 1.25*100= 125%

3 0
3 years ago
Europe places a $1 per pound import tax on lobsters
Mice21 [21]
Is this a question or a fact?
8 0
3 years ago
Bill took out a $100,000 non-recourse loan and bought an apartment building. The building is not security for the loan. Bill spe
natta225 [31]

Answer:

Bill has $25,000 at-risk and he can also deduct $25,000 from his income due to the losses associated with his rental activity.

Explanation:

At risk amounts are the money that investors can lose due to a bad business decision or performance. The maximum amount that an investor can deduct is equal to the at-risk amount that he/she has invested.

Bill's at-risk $25,000 are equal to the money he spent on house repairs.

3 0
3 years ago
£)
aleksley [76]

Answer:

The greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket

Explanation:

Given that the number of mangoes in one basket = 120 mangoes

Also, the number of mangoes in another basket = 168 mangoes

The greatest number of mangoes, X and Y that are to taken out from each basket so that both of them will empty simultaneously is found as follows;

We note that the ratio of the number of mangoes in both baskets are;

120:168 = 5:7

Therefore, we have;

5 × Y = 120

Y = 20/5 = 24

Similarly, we have;

7 × X = 168

X = 168/7 = 24

We can take 5 mangoes from one basket and 7 mangoes from the other basket 24 times, for both mangoes to empty the same time

We can also take 5×12 = 60 mangoes twice from one basket and 7 × 12 = 84 mangoes twice from the other basket to empty the baskets

We can also take 120 mangoes one from one basket and 168 mangoes one from the other basket to empty the baskets.

Therefore, the greatest number of mangoes which are to be taken out at a time from each basket so that both of them emptied simultaneously is the number of mangoes in each basket which is 120 mangoes for one basket and 168 mangoes for the other basket.

3 0
3 years ago
Other questions:
  • British metals is reviewing its current accounts to determine how a proposed project might affect the account balances. the firm
    5·1 answer
  • Consider a project to supply Detroit with 20,000 tons of machine screws annually for automobile production. You will need an ini
    11·1 answer
  • Suppose the price of Twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from
    10·2 answers
  • On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investmen
    7·1 answer
  • Which loan type requires you to make loan payments while you're attending school?
    15·2 answers
  • You will want to list your work content skills, functional skills, educational history, and work experience in your?
    11·2 answers
  • Mrs. Arnold is spending all her money income by buying bottles ofsoda and bags of pretzels in such amounts that the marginal uti
    10·1 answer
  • You have been given the choice to invest $1,200 each year in an account that is expected to pay 3 percent per year or you can in
    7·1 answer
  • How do i color clay without food coloring or paint
    7·2 answers
  • The fact that you cannot isolate the production of a ride through a ride-share service such as uber or lyft from its consumption
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!