Answer:
Laocoon threw the spear at the wooden horse when Trojans refused to believe him that the wooden horse was a trickery from Greeks.
Explanation:
Aeneid is a masterpiece of Virgil, that tells the tale of Aeneas.
In book 2, of the epic, the death of Trojan Priest Laocoo is mentioned. The book begins by unfolding the trickery that the Greeks were planning on Trojans by sending the wooden horse as a gift of peace. Since, they had a war between them for ten years, Trojans agreed to accept the gift as they wanted peace. But it was Laocoon, who suspects the reason of sending the wooden horse.
<u>Laocoon tried to convince the Trojans that they do not accept the wooden horse, but they refused to listen to him. In his anger and rage, Laocoon threw his spear at the wooden horse, only to reveal that it was hollow from inside.</u>
Answer:
$180
Explanation:
Expected return E(r) = 
D1= Next year's dividend
P1 = Next year's price
P0 = Current price
Since the beta is 1, it means this stock's return = market return = 20%
E(r) = 
0.20 = 
Multiply both sides by 155
31 = P1-149
Add 149 on both side s to solve for P1;
31+149 = P1
180 = P1
Therefore, the stock will sell at $180
Answer:
A key reason that companies all over the world choose to import goods is to extend their profit margin. High taxes, wage minimums, and material costs in certain countries make it more useful to import products from a country where fees, wages, and material costs are considerably lower.
Explanation:
Even though the United States has an absolute advantage in producing both refrigerators and shoes, it makes economic sense for it to specialize in the good for which it has a comparative advantage. The United States will export refrigerators and in return import shoes.
<h3>Do all countries have an absolute advantage in production?</h3>
In the production of at least one good or service, almost every nation enjoys an absolute competitive advantage. The key to absolute advantage is low-cost production. For instance, because they can benefit from low labor costs, China and other Asian nations are known to have a distinct advantage in the manufacturing sector.
<h3>What determines a nation's choice to specialize in a particular good?</h3>
When resources are scarce, a country's decision to focus on producing a specific good is also heavily influenced by its comparative advantage. Comparative advantage is based on the idea of opportunity cost, whereas absolute advantage refers to the superior production capabilities of one nation over another.
Does Japan have an absolute advantage in the auto industry?
Japan is said to have a clear advantage in the auto industry if it can produce cars just as well as the United States, but more quickly and with higher quality. The kinds of goods a nation decides to produce are greatly influenced by its absolute advantage or disadvantage in a given industry.
Learn more about U.S. auto industry:
brainly.com/question/19166394
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