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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.

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Havermill Co. establishes a $330 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
slavikrds [6]

Answer: a) Debit to Office Supplies for $81.

Explanation:

Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.

The Journal entry for the replenishment will be;

DR Office supplies Account ......................................$81  

DR Merchandise inventory Account ........................$153  

DR Misc. expense Account........................................ $30  

CR Cash account ......................................................................$264

5 0
3 years ago
Executives who make assumptions about what an adversary can and cannot do put their organization's performance in jeopardy. Grou
ehidna [41]

Answer:

The statement is: False.

Explanation:

Managers must <em>make decisions based on facts and support data</em> -such as the accounting books of the company- since those sources provide <em>objective information</em> on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a <em>study </em>must be made before taking a step forward to analyze what the best output could be.

Thus, guessings and personal points of view are not enough for managers to conduct business.

4 0
3 years ago
The receivers of the communication must accommodate their perceived multiple meanings and personal agendas and then negotiate a
andriy [413]

Answer:

A. True

Explanation:

4 0
3 years ago
QUESTION 1
mezya [45]

The correct option is C (1836)

<u>Explanation:</u>

From the given data, all the frims with the given market share are taken. the 8 more firms are taken into account which have 1 percent market share. Thsu, 8 is multiplied with 1 pecent of share.

All the square roots are calculated in order to calculate the HHI

HHI = Summation of sqrt Si

= (36)^2 + (3)^2 + (3)^2 + (6)^2 + (16)^2 + (6)^2 + (4)^2 + (7)^2 + (11)^2 + 8(1)^2

= 1836

Therefore, the correct answer is C (1832)

4 0
3 years ago
Where is yaana located​
Scrat [10]

Answer:

Yana is a village located in forests of the Kumta, Uttara Kannada district of Karnataka, India which is known for the unusual karst rock formations.

Explanation:

hope it becomes helpful to you ☺️☺️

good luck

7 0
3 years ago
Read 2 more answers
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