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pashok25 [27]
1 year ago
13

Nation Beta employing all its available resources nation alpha can produce either 800 units of chemicals or 1,600 units of cloth

ing. nation beta can produce either 200 units of chemicals or 800 units of clothing. which of the following statements is true? Nation Beta has a comparative advantage in producing chemicals. Nation Alpha has a comparative advantage in producing chemicals. Nation Beta is the high-cost producer of clothing.
Business
1 answer:
mr Goodwill [35]1 year ago
3 0

The true statement is Nation Alpha has a comparative advantage in producing chemicals. (second option)

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

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. Opportunity cost is the cost of forgoing the next best alternative action when one activity is undertaken over other activities.

For Nation Beta:

Opportunity cost of producing chemicals : 800 / 1600 = 0.5

Opportunity cost of producing clothes : 1600 / 800 = 2

For Nation Beta:

Opportunity cost of producing chemicals : 200 / 800 = 0.25

Opportunity cost of producing clothes : 800 / 200 = 4

To learn more about comparative advantage, please check: brainly.com/question/25139916

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Which of the following statements is/are FALSE, all else the same?
xz_007 [3.2K]

Answer:

I. Present values increase as the discount rate increases.

and

III. Present values are smaller than future values when both r and t are positive.

5 0
3 years ago
he income statement for Electronic Wonders reports net sales of $91,758 million and cost of goods sold of $69,278 million. An ex
Anna71 [15]

Answer:

Cash received from customers is $90,025  million

Cash paid to suppliers is $72,128   million

Explanation:

Cash received from customers is the net sales of $91,758 million minus the increase in accounts receivable since that is the portion of revenue yet to be received.

cash received from customers=$91,758 million-$1,733 million=$90,025  million

cash paid to suppliers is the cost of goods sold of $69,278 million plus the increase in inventory as well as the increase in accounts payable

cash paid to suppliers=$69,278 million+$883 million+$1,967 million=$72,128 million  

4 0
3 years ago
Valley Technology had Net Income for 2021 of $9,600,000. The firm invested $5,000,000 in manufacturing equipment during 2020 but
suter [353]

If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000.

<h3>Net cash flow</h3><h3>Cash Flow from Operating Activities</h3>

Valley Technology Statement of Cash Flows For the year ended 2021

Cash Flow from Operating Activities:  

Net Income $9,600,000

Add Depreciation Expense $1,000,000

($5,000,000/5)

Net Cash provided (used) by operating activities:  $10,600,000

Cash Flow from Investing Activities:  

Purchase of manufacturing equipment -$5,000,000  

Net Cash provided (used) in Investing activities -$5,000,000

Cash Flow from Financing Activities:$0

Net cash flow in 2021 $5,600,000

Therefore  If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000

Learn more about net cash flow here:brainly.com/question/735261

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3 0
2 years ago
The demand curve facing a perfectly competitive firm is
ICE Princess25 [194]

Answer:

Option (E) is correct.

Explanation:

Under the perfectly competitive market conditions, there are large number of buyers and sellers and there is no restrictions on the entry and exit of the firms. Prices of the goods are determined by the market forces and the demand curve for a firm in a perfectly competitive environment varies significantly from the market demand curve. The demand curve is horizontal because all the goods in a perfectly competitive market are considered as perfect substitutes.

7 0
3 years ago
Since 70 percent of preferred dividends received by a corporation is excluded from taxable income, the component cost of equity
dusya [7]

Answer:

The answer is False

Explanation:

Since the 70 percent of preferred dividends received by a company is excluded from taxable income, the component cost of equity for a corporation which pays half of its revenue out as a common dividends and half as preferred dividends should ,technically be.

3 0
3 years ago
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