Answer:
Mauritania has an absolute advantage in the production of dates
Neither countries have an absolute advantage in the production of grains
Explanation:
A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Ireland and Mauritania produces 10t grains. None of the countries have an absolute advantage in the production of grains
Mauritania produces 25t of dates while Ireland produces 5t of dates. 25 is greater than 5, so Mauritania has an absolute advantage in the production of dates
Answer:
option c) $ 12 billion
Explanation:
Data provided :
Required reduction in consumption = $ 36 billion
MPC = 0.75
Now,
Total income = Required reduction in consumption / MPC
or
the Increase in tax = $ 36 billion / 0.75
or
= $ 48 billion
the government can raise the tax = $ 48 billion - $ 36 billion = $ 12 billion
Hence, the answer is option C
Answer:
d. the company a person works for.
Explanation:
In contemporary Japanese society, a group is associated with the company a person works for.
A group typically comprises of two or more people who share some things in common such as identity, aims, interest and are willing to work in an accord.
Hence, the company or organization an individual works for, is usually considered to be a group in the contemporary Japanese society.
This is so because employees are blinded by a common goal, aim, interest to allow them work effortlessly, effectively and efficiently together.
when valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term market Replacement cost, Net realizable value, or Net realizable value less a normal profit margin.
<h3>
What is Replacement cost?</h3>
- The cost to replace a critical asset, such as a piece of real estate, an investment security, a lien, or another object, with one of equal or greater worth is referred to as replacement cost.
- A replacement cost, which is often referred to as "replacement value," can change depending on a variety of variables, including the cost of preparing assets for use and the market worth of the parts needed to rebuild or repurchase the asset.
- Replacement costs are frequently used by insurance companies to calculate the value of an insured item. Accountants, who use depreciation to expense the cost of an asset over its useful life, also regularly employ replacement costs.
To learn more about Replacement cost with the given link
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Answer:
D) $165,000
Explanation:
Partner Capital Balance Income Share
Nunes $250,000 20%
Orta $180,000 30%
Paulo $150,000 50%
Totals $580,000 100%
Orta's balance - capital balance = $180,000 - $159,000 = $21,000 which will increase the partnership's total capital balance
partnership's capital balance = $421,000
the extra $21,000 will be divided according to each remaining partner's income distribution:
- Paulo = (50%/70%) x $21,000 = $15,000
- Nunes = (20%/70%) x $21,000 = $6,000
Paulo's capital balance = $150,000 + $15,000 = $165,000
