Answer:
Check the following explanation
Explanation:
When changing from the average cost method to FIFO, the company: Multiple Choice Includes in current year’s income the cumulative after-tax difference that would have resulted if the company had used FIFO in all prior years.
Answer:
The correct answer is option b.
Explanation:
A worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year.
A worker in Sylvania can produce either 2 units of corn or 6 units of wheat per year.
The opportunity cost of a unit of corn for Freedonia
=
= 0.33
The opportunity cost of a unit of corn for Sylvania
=
= 3
So, we see that Freedonia has a comparative advantage in producing corn as it has a lower opportunity cost.
The opportunity cost of a unit of wheat for Freedonia
=
= 3
The opportunity cost of a unit of wheat for Sylvania
=
= 0.33
So, we see that Sylvania has a comparative advantage in producing wheat as it has a lower opportunity cost.
With 10 workers, Freedonia will produce 60 units of corn and 0 units of corn and Sylvania will produce 60 units of wheat and 0 units of corn.
Without trade, Freedonia produces and consumes 30 units of corn and 10 units of wheat per year. Sylvania produces and consumes 10 units of corn and 30 units of wheat.
The war has caused the combined yearly output of the two countries to decline by 20 units of corn and 20 units of wheat.
Answer:
<em>(1) Specific information on why you want that job</em>
<em>(2) Your knowledge on that position</em>
<em>(3) Describe what you have to offer to the employer</em>
<em>(4) Your qualifications</em>
<em>(5) The position you're applying for</em>
Answer:
A. -many substitute
Explanation:
Deadweight loss is inefficiency that occurs as a result of taxation. It's the change in production or consumption as a result of tax.
If tax is imposed on a good with many substitutes, the deadweight loss would be greater because consumers can easily shift consumption to another good that is cheaper.
If a good has inelastic supply or demand, the deadweight loss is less because consumers and producers do not change quantity demanded and supplied if prices increase as a result of tax.
I hope my answer helps you.
Answer:
According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as Power Distance.
Explanation:
Hofstede basically discussed culture and investigated it and came up six different dimensions which a culture can have. Power distance is the dimension of the culture where people follow certain systems and hierarchies of the culture. If in a culture power distance will be higher then the people will be much divided in the castes based on the power, authority and money, like if in an organisation, power distance is higher, then the workers will tend to follow and obey hierarchy very strictly, and there will be much support from the top-level management, decisions will be made fro the top even without taking lower level employees into account. However, if the power distance is low, then there will be frequent sharing of idea, thoughts and support which is the main characteristics of the creative and innovative organisations.