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4 years ago

Which of the following is true?

Business

1 answer:

NNADVOKAT [17]4 years ago

4 0

Answer: Option (D) is correct.

Explanation:

Correct option: A nation cannot have a comparative advantage in the production of every good.

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.

While calculating the opportunity cost of producing a commodity, country takes into account both the commodities. Hence, it was not possible that a country is having comparative advantage in the production of every commodity.

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Ybor Square is a small shopping center located in the part of Tampa known as Ybor City. The shopping center building used to be

max2010maxim [7]

Answer:

E) theme/festival center.

Explanation:

A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.

3 0

3 years ago

How does a tariff impact a business exporting goods

ivolga24 [154]

Answer:

A tariff has a postive impact when it comes to safeguarding and having an income

Explanation:

A tariff is a tax put on imported or exported goods to protect the goods and earn money. This can be used as a source of income as many states in the US do so.

6 0

3 years ago

Read 2 more answers

The two basic types of hedges involving the futures market are long hedges and short hedges, where the words "long" and "short"

Nana76 [90]

Answer:

False

Explanation:

The reason is that the short hedge is future contract sold by the seller of inventory and long hedge is the future contract purchased by the seller of the inventory at a specified date and at a agreed price. So the statement is incorrect and also that the long hedge or short hedge does not have any association with maturity or duration of hedging instrument.

7 0

3 years ago

You want to buy a house that costs $240,000. You will make a down payment equal to 20 percent of the price of the house and fina

Anvisha [2.4K]

Answer:

The correct answer is $1,067.38

Explanation:

According to the scenario, the given data are as follows:

House cost = $240,000

Down payment = 20% × $240,000 = $48,000

Amount of loan (p) = $240,000 - $48,000 = $192,000

Time period ( compounded monthly) (t) = 30 years × 12 = 360 months

Rate of interest = 5.31% = 0.0531

Rate of interest Monthly (r) = 0.0531 ÷ 12 = 0.004425

In this question, we use the PMT formula which is shown in the spreadsheet.

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $1,067.38

8 0

3 years ago

Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning

Marina86 [1]

Answer:

$24,160 favorable

Explanation:

The computation of the total contribution margin sales volume variance is given below:

The Budgeted contribution margin per pound of MT is

= $40 - $20

= $20 per pound

Now the budgeted contribution margin per pound of ET is

= $60 - $30

= $24 per pound

MT's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (3960 - 4000) × $20

= $800 Unfavorable

ET's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (5,040 - 4000) × $24

= $24,960 favorable

Now the total contribution margin sales volume is

= $800 unfavorable + $24,960 favorable

= $24,160 favorable

8 0

3 years ago