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Sveta_85 [38]
2 years ago
11

When two countries specialize in producing the goods for which they have a comparative advantage and?

Business
1 answer:
olasank [31]2 years ago
3 0

It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.

<h3>What does it mean for a producer to have comparative benefit?</h3>

Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.

To learn more about Comparative advantage , refer

brainly.com/question/2827889

#SPJ4

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Barclay enterprises manufactures and sells three distinct styles of bicycles: the youth model sells for $340 and has a unit cont
insens350 [35]

Answer: 48.9%

Explanation:

Model - - - - - - Selling price - - - - cont/margin

Youth - - - - - - $340 - - - - - - - - - - - $115

Adult - - - - - - - $870 - - - - - - - - - - - $460

Recreational - - $1060 - - - - - - - - - $510

Contribution margin per composite unit

Youth = $115 × 5 = $575

Adult = $460 × 9 = $4140

Recreational = $510 × 6 = $3060

TOTAL = $7775

Selling price per composite unit:

Youth = $340 × 5 = $1700

Adult = $870 × 9 = $7830

Recreational = $1060 × 6 = $6360

TOTAL = $15890

Contribution margin ratio per composite unit ;

($7,775 ÷ $15,890) × 100

0.4893 × 100 = 48.9%

8 0
3 years ago
You want to retire exactly 30 years from today with $1,980,000 in your retirement account. If you think you can earn an interest
iren [92.7K]

Answer:

$841

Explanation:

Let the amount of deposit you need to fund each month is a

n= 30 years = 30 x 12 = 360 months

The amount of money you desire to have in 30 years (FV) = $1,980,000

i/r = 10.19%/year = 0.849%/month

Based on these given information, you can either choose to:

1) Solve the following equation:

a x 1.00849^360 + a x 1.00849 ^359 + a x 1.00849^358 + ... + a x 1.00849^1 + a = $1,980,000

2) Input given information into excel/financial calculator:

n = 360

FV = $1,980,000

i/r = 0.849

PV = 0

Find PMT (a). PMT (a) = $841

3 0
3 years ago
What is profession?<br>​
Alexxx [7]

a paid occupation, especially one that involves prolonged training and a formal qualification.

7 0
3 years ago
Read 2 more answers
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
Anon25 [30]

Answer:

$54,000

Explanation:

The computation of the segment margin for the West Division is shown below:

First we have to find the contribution margin which is as follows

= Number of units sold × (Selling price per unit - variable cost per unit)

= 36,000 × ($6 - $3)

= 36,000 × $3

= $108,000

Now the segment margin is

= Contribution margin - direct fixed cost

= $108,000 - $54,000

= $54,000

6 0
4 years ago
Can someone please answer this question? For 100 points
patriot [66]
I'll go with D fixed!!!!!!
3 0
3 years ago
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