All categories

3 years ago

Can these two countries gain from trading oil and fish oil?

Business

1 answer:

ozzi3 years ago

6 0

These countries can gain from trade because norway has an absolute advantage producing fish oil.

You might be interested in

U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruis

Elenna [48]

Answer:

e. External opportunity

Explanation:

An external opportunity is an extension of the market due to some external development outside the industry. In this case, the cruise industry has benefited in a major way due to external developments.

7 0

3 years ago

Trans Union Corporation issued 6,800 shares for $50 per share in the current year, and it issued 11,800 shares for $37 per share

oee [108]

Answer and Explanation:

The impact of the transactions on the financial statement are as follows

1. In case of Sold 5,000 Shares:

The total Assets Increased by $250,000 i.e (5,000 × $25) as it increased the cash balance

Total Liabilities = No Change

Total Stockholders Equity = Increased by $250,000 as it increased the overall equity

Net Income = No Change.

2. In case of sale of 10,000 shares

The total Assets Increased by $370,000 i.e (10,000 × $37) as it increased the cash balance

Total Liabilities = No Change

Total Stockholders Equity = Increased by $370,000 as it increased the overall equity

Net Income = No Change.

3. In case of Purchased 20,000 of Treasury Stock

The Total Assets Decreased by $900,000 i.e (20,000 × $45) as it reduced the cash balance

Total Liabilities = No Change

Total Stockholders Equity Decreased by $900,000 as it decreased the overall equity

Net Income = No Change.

Note:

The number of shares given i.e 6,800, 11,800 and 21,800 are incorrect use the 5,000 shares, 10,000 shares and 20,000 shares and we did the computation accordingly

7 0

3 years ago

Jessica’s credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The follo

Tom [10]

The adjusted balance of Jessica for the month of October is $ 1033.76. In this method, monthly payment is deducted from the unlock balance, and purchase is not included in the balance.

<h3>What is the adjusted balance method?</h3>

With the adjusted balance method, the credit card company starts with the balance from the end of the last payment cycle and withdraws any payments made, and adds any credits sent to the account during the current cycle.

In the given information, to calculate the adjusted balance we will deduct the payments made from the beginning balance and ignore the purchases made for the month:

$= \$\,1,240.55 - \$\,75.00 - \$\,131.79\\\\= \$\,1033.76$

Hence, The correct answer is Option B.

To learn more about adjusted balance method, refer to the link:

brainly.com/question/11355738

7 0

3 years ago

Expound on the different forms of elasticities of supply

chubhunter [2.5K]

Answer:

The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price. Elasticities can be usefully divided into five broad categories: perfectly elastic, elastic, perfectly inelastic, inelastic, and unitary.

Explanation:

8 0

3 years ago

True/False: Money is more important than finding something you're going to love<br> doing.

Annette [7]

Answer:

False.

You don't want to work day and night, or do something you are not willing to, just to get a bunch of money

Explanation:

3 0

3 years ago

Can these two countries gain from trading oil and fish​ oil?

Can these two countries gain from trading oil and fish oil?