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Orlov [11]
3 years ago
11

Consider two countries' situations: Country A can produce either six automobile ror twelve movies with the same amount of resour

ces. Country B, using the same resources, can produce either five automobiles or eight movies. Using Ricardo' Theory of Comparative Advantage, determine which country would produce automobiles, which would produce movies, and the range of relative prices within which these product would trade?
Business
1 answer:
Pachacha [2.7K]3 years ago
8 0

Answer:

The theory of comparative advantage says that nations should yield and trade only those merchandises in which they have a reasonable advantage i.e. which they are specialize in.

To compute the comparative advantage of two nations A and B, let us first compute the opportunity cost of making movies and vehicles in each.

Country A:

Opportunity cost of making 1 automobile = 2 movies

Opportunity cost of making 1 movie = 1/2 automobile

Country B:

Opportunity cost of making 1 automobile = 8/5 movies

Opportunity cost of making 1 movie= 5/8 automobile

Since the prospect cost of making an automobile is lesser in Country B and the prospect cost of making movies is lesser in country A, thus Country A would make movies and country B would make automobiles.

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Which of the following is true of cellphone communication?​ ​It is free from policies and legal restrictions. ​It is cost-effect
Yuki888 [10]

Answer: Statement B and D

Explanation:

Option A : cellphone communication companies and the respective authorities of the countries in which they operate have their own legal restrictions and policies regarding cellphone communication.

Option C : Mobile tapping and on call recording crimes are common these days so cellphones cannot be considered completely confidential and not prone to misuse .

8 0
3 years ago
You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel
uranmaximum [27]

The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

<h3>What is a distribution channels?</h3>

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

Learn more about distribution channel at;

brainly.com/question/25630633

4 0
2 years ago
Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data
Kobotan [32]

Answer:

Cost of equity= 10,50%

Explanation:

The cost of equity is the return a company requires to decide if an iThe cost of equity is the return a company requires to decide if an investment meets capital return requirements. A firm's cost of equity represents the compensation the market demands in exchange for owning the asset and bearing the risk of ownership.

Cost of equity= (D1/P0)+g

D1= next year dividend (D0*

P0=actual price

g= growth rate of dividends

In this exercise:

D1=D0*(1+g)=0,90*1,07=$0,963

P0=$27,50

g=0,07

Cost of equity= 0,963/27,5+0,07=0,1051=10,50%

8 0
3 years ago
The following is the ending balances of accounts at December 31, 2018 for the Weismuller Publishing Company.
Crazy boy [7]

Answer:

Weismuller Publishing Company

A Classified Balance Sheet at December 31, 2018

Assets:

Current Assets:

Cash                                                $77,000

Accounts Receivable   172,000

less allowance             <u> 22,000</u>      150,000

Investments                                    152,000

Inventories                                      291,000

Prepaid Expenses                           <u> 94,000</u>         $764,000

Long-term Assets:

Prepaid Expenses                           66,000

Machinery & Equipment 332,000

less Accumulated Depr.  <u>116,000</u> 216,000       <u> $282,000</u>

Total Assets                                                      <u>$1,046,000</u>

Current Liabilities:

Accounts payable                        $66,000

Interest payable                             26,000

Deferred revenue                          86,000

Taxes payable                                36,000

Notes payable:

   Six months                 46,000

   One year                   <u>26,000 </u>    <u>72,000</u>          $286,000

Long-term Liabilities:

Notes payable:

   Two or more years              52,000

   Six years                              <u>106,000</u>              <u>$158,000</u>

Total Liabilities                                                   $444,000

Equity:

Authorized Common Stock, 700,000 shares

Issued Common Stock       $406,000

Retained Earnings                <u> 196,000</u>             <u>$602,000</u>

Total Liabilities + Equity                               <u>$1,046,000</u>

<u></u>

Explanation:

a) Prepaid Expenses are classified as follows:

Current Assets: $160,000 - $66,000 = $94,000

Long-Term Assets = $66,000 ($132,000/2)

Since a year's lease is due in the next year.

b) Investments are classified as current because they include treasury bills maturing on January 30, 2019, and marketable securities saleable next year.

c) Deferred Revenue is a current liability.

d) The classifications of notes payable are indicated in the balance sheet.

8 0
3 years ago
The employees of an organization have heard rumors about rapidly dropping profits and impending layoffs. The grapevine is abuzz
Karolina [17]

Answer:

A. neutralize the rumor by openly confirming any parts that may be true.

Explanation:

Here are the options to this question:

A. neutralize the rumor by openly confirming any parts that may be true.

B. restrict the length of breaks taken by the employees.

C. closely monitor each employee's activities in the office.

D. fire employees found spreading false stories.

E. block all forms of electronic communication in the office.

I hope my answer helps you

3 0
3 years ago
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