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2 years ago

According to the concept of comparative advantage, a good should be produced in that nation where?

1 answer:

7 0

According to the concept of comparative advantage, a good should be produced in that nation where its domestic opportunity cost is the least.

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

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A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during th

murzikaleks [220]

Answer: Expectancy theory

Explanation:

The theory that suggests that the student will only work as hard as necessary to earn a "C" grade is the expectancy theory.

Expectancy theory states that an individual will act in a particular way due to the fact of what they believe will be the result of the behavior that they selected and thereby will select a particular behavior above orhers.

Here, the student simply selects his work above the school grade because he believes that a C is enough for him. Therefore, the answer will be expectancy theory.

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2 years ago

The following information for "2019" pertains to Bartley Corporation: Capital contributions by shareholders $50,000 Realized los

Nadusha1986 [10]

Answer:

$13,500

Explanation:

Bartley's gross income should include only two items:

income from rent paid directly to a bond holder
income from rental property in a sinking fund

2019 gross income = $8,000 + $5,500 = $13,500

The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.

7 0

3 years ago

If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies, th

Naya [18.7K]

Answer:

Option d. Fixed period

Explanation:

time is very essential. Anytime the policy owner specifies payment to be guaranteed for a specific period regardless of who is the beneficiary, policy owner or who receive the payment,is the fixed period settlement option.

Anything that occur to annuity after the owner's death is dependent on the type of annuity and its payout plan.

A fixed-period, is that which is for a certain period of time. the annuity guarantees payments to the annuitant for a set length of time. example is about 10, 15, or 20 years and case payments will continue to be paid to the beneficiary until the time given or period is due or when account’s balance reaches zero.

3 0

3 years ago

On January 1, 20X8, Polo Corporation acquired 75 percent of Stallion Company's voting common stock for $300,000. At the time of

lions [1.4K]

Answer:

Explanation:

Base on the question been given to us, we can solve this using equity method as seen below

Investments in Polo = 300000+0.75*(40000-10000-5000*)

300000+0.75*(25000)

300000+18750

$318,750

Increase in value of Patent $50,000

Economic Life 10

Amortization $5,000

The $ 5000 would be reduced from the net income

6 0

3 years ago

John was driving his car in a careless way, failing to drive as a reasonably prudent person would under the driving conditions.

Ilia_Sergeevich [38]

Answer:

1. If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained.

2. If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John which will be $80,000

Explanation:

In contributory negligence, the defense completely bars plaintiffs from any recovery if they contribute to their own injury through their own negligence.

If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained.

In comparative negligence, the plaintiff's damages is award by the percentage of fault that the fact-finder assigns to the plaintiff for his or her own injury i.e the plaintiff's damage compensation is reduced by percentage of his/her percentage of fault.

If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John

this is 80% of $100,00 which is equal to $80,000

8 0

3 years ago