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vodomira [7]
3 years ago
6

Classify each statement as true or false by dragging it into the corresponding category.

Business
1 answer:
Nuetrik [128]3 years ago
4 0
<h2>The following is the classification of the given statements under the categories of true and false:</h2>
  • When two countries choose to participate in international trade, it is a mutually beneficial activity for both countries - is a TRUE statement as one country gets cheap goods and the other gets profit and valuable foreign currency.

  • Through specialization and trade, it is possible for a country to consume a combination of goods that is beyond its original production possibilities frontier - is a TRUE statement as import facilities make it possible to have goods from any part of the world.

  • Wealthier countries always benefit more from international trade than poorer countries do - is a FALSE statement as the benefit depends on the profitability of the trade.

  • Countries trade for goods in which they do not have a comparative advantage, and therefore, would never trade with nations that have similar resource endowments - is a FALSE statement as countries actually choose to trade in commodities that dispense comparative advantage so as to gain more profits.
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When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
IRISSAK [1]

Based on the restaurant prices for pizza and the different quantities that they will offer the pizzas, the slope of demand curve is -0.025

<h3>What is the slope of the demand curve?</h3>

The slope can be found as:

= Change in price / Change in quantity

Solving gives:

= (5 - 10) / (300 - 100)

= -5 / 200

= -0.025

In conclusion, the slope of the demand curve is -0.025

Find out more on the demand curve at brainly.com/question/1139186

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8 0
2 years ago
Medicare deduction is withheld at a standard rate of 1.45 percent. suppose your gross pay this week is $750. how much medicare t
Hoochie [10]
1.45% = 0.0145
0.0145 * 750 = 10.875
You will have $10.88 withheld from your paycheck this week for medicare tax.
5 0
3 years ago
An investor purchases a stock for $39 and a put for $0.55 with a strike price of $32. The investor sells a call for $0.55 with a
Archy [21]

Answer:

The maximum profit and loss for this position is $3 and -$7 respectively

Explanation:

The computations are shown below:

For maximum profit:

= Strike price at the sale - stock price + put price - call price

= $42 - $39 + $0.55 - $0.55

= $3

For maximum loss:

= Strike price at purchase - stock price + put price - call price

= $32 - $39 + $0.55 - $0.55

= -$7

Simply we take the difference between the strike price ,and the stock price and after that the put and call price are adjusted

3 0
3 years ago
Which of the following best describes vertical integration? A. sell products to a supplier or a distributor B. develop the abili
jasenka [17]

Answer: B

Explanation:

A vertical integration is where a company owns another company in the same production line.

For example a company that bakes bread has a farm where wheat is cultivated, a marketing company and retail locations for the sale of the bread.

The advantages of Vertical integration include:

a. It reduces costs.

b. It increases efficiency.

c. It gives the firm greater control of the production process.

A major disadvantage of vertical integration is it requires huge capital outlay.

7 0
3 years ago
Julie Martin is investing $26,600 in the Invesco Charter mutual fund. The fund charges a 4.50 percent commission when shares are
Sergeeva-Olga [200]

Answer:

$1,264.50

Explanation:

Calculation for the amount of commission Julie must pay.

Using this formula

Commission=Investment amount× Fund charges percentage

Let plug in the formula

Commission= $28,100 × 0.045

Commission= $1,264.50

Therefore the amount of commission Julie must pay is $1,264.50

6 0
2 years ago
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