1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vedmedyk [2.9K]
3 years ago
6

The gains from trade are Group of answer choices a. evident in economic models, but seldom observed in the real world. b. eviden

t in the real world, but impossible to capture in economic models. c. a result of more efficient resource allocation than would be observed in the absence of trade. d. based on the principle of absolute advantage.
Business
1 answer:
liubo4ka [24]3 years ago
7 0

Answer:

The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.

Explanation:

Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more <em>efficiently </em>since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.

You might be interested in
What is the acceleration of an object that has a mass of 4.0 kg if the net force acting on it is 26N
Lynna [10]
Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.

You are given Fnet = 26N and m = 4.0kg. Plug them into the equation and solve for a:
26 = 4.0a
a = 6.5

The answer is 6.5 m/s^2
7 0
3 years ago
What must be marked on ready-to-eat bags (PHFs):
Whitepunk [10]

Answer:

best before date

Explanation:

4 0
3 years ago
Read 2 more answers
Hayes Bakery has sales of $30,600,costs of $15,350 an addition to retained earnings of $4221, dividends paid of $469, interest e
rodikova [14]

Answer:

c. $8013.29

Explanation:

The retained earnings is the accumulated net earnings/losses over the period of existence of an entity. This is usually posted to the retained earnings accounted for as part of owners equity on the face of the balance sheet net the dividend paid.

The net income is the difference between the sales and all expenses including depreciation.

Let the depreciation be d

Net income = retained earnings + dividend

= $4221 + $469

= $4,690

$4,690 = 0.79 ($30,600 - $15,350 - $1,300 - d)

The 0.79 being the net of the tax which is the 21% applied on the net of sales and expenses.

d = $13,950  - $5,936.71

d = $8,013.29

3 0
3 years ago
Consider the following: Alex is one of the leading widget producers in the country. His total costs amount to $10,000, total fix
Lilit [14]

Answer:

The correct answer is 20 units.

Explanation:

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

Total cost = $10,000

Total fixed cost = $2,000

Average variable cost = $400

So, Total variable cost = Total cost - Total fixed cost

= $10,000 - $2,000 = $8,000

So, we can calculate the total number of widgets producing by using following formula:

Units producing = Total variable cost  ÷ average variable cost

= $8,000 ÷ $400

= 20 units

6 0
3 years ago
A company is preparing its cash budget. Its cash balance on January 1 is $290,000 and it has a minimum cash requirement of $340,
adoni [48]

Answer:

$26,700 excess

Explanation:

The amount of deficiency or excess can be determined only when the ending cash balance is known. The ending cash balance is the addition of the net movement in cash to the opening cash balance.

The net movement is the difference between the total receipts and the total payments or disbursement.

Total receipts for January

= $1,061,200

Total payments

= $984,500

Net movement = $1,061,200   - $984,500  

= $76,700

Ending balance = $290,000 + $76,700

= $366,700

If the minimum cash requirement is $340,000

The amount of the (deficiency)/excess cash (after considering the minimum cash balance required) for January

= $366,700  - $340,000

= $26,700

3 0
3 years ago
Other questions:
  • Clam gulch is a very popular clamming beach in alaska. on good low tides, clammers can easily gather 60 clams (the state limit).
    13·1 answer
  • Aim higher college has deployed an open source blog package. this package uses a database backend and allows users to create use
    13·1 answer
  • The amount of money you can charge yo a credit card is called
    15·2 answers
  • The following data were collected during a study of consumer buying patterns:
    11·1 answer
  • Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
    9·1 answer
  • 33). You put half of your money in a stock portfolio that has an expected return of 14% and a standard deviation of 24%. You put
    12·1 answer
  • kayak company uses a job order costing system &amp; allocation on the basis of direct labor costs. kayak company's production co
    5·1 answer
  • This marketing strategy involves marketing products that are similar to ones already on the market and are in-line with cultural
    6·1 answer
  • Iship
    11·1 answer
  • A serial process has 4 steps – A (4), B(3), C(3), D(2) – that have to be performed in this order. Numbers in parentheses are the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!