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sleet_krkn [62]
3 years ago
15

Select the correct definition of the term "comparative advantage." the ability to produce a good or service at a lower opportuni

ty cost than another the ability to produce a good or service at a higher opportunity cost than another a nation offering more favorable trade policy with its allies than with other countries the ability to produce less of a good or service than another over a specified time period the ability to produce more of a good or service than another over a specified time period
Business
1 answer:
lana66690 [7]3 years ago
7 0

Answer:

The correct answer is: the ability to produce a good or service at a lower opportunity cost than another.

Explanation:

Comparative advantage implies the ability to produce a good at lower opportunity cost. Opportunity cost is the cost of giving up the alternative.

A nation is considered to be enjoying a comparative advantage in the production of a good if it can produce the good at a relatively lower opportunity cost than other nations.

A nation is said to be specializing in the production of a commodity if it has a comparative advantage in production.

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A government bond with a coupon rate of 5% makes semiannual coupon payments on January 7 and July 7 of each year. The Wall Stree
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Answer:

The value of the bond is 1,003.8771 after subtracting the accrued interest to the market value of the bond.

Explanation:

From the amount provide by the Wall Street Journal there are two component, the bonds value and the interest accrued over time.

we should calcualte the interst and subtract to get the bond value:

principal x rate x time = interest

rate and time should match, so the 5% rate should be convert into a 2.5% rate and we express time as portion of 182 days:

1,000 x 0.025 x (22-7)/182 = 2,060439 = 2.060439 interest

1,005.9375 - 2.0604 = <em>1,003.8771</em>

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3 years ago
Gabriel Corporation has fixed costs of $180,000 and variable costs of $8.50 per unit. It has a target income of $268,000. How ma
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Answer:

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3 years ago
A bank service charge of $10 would be included on the bank reconciliation as a(n):_____.
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A bank service fee of $10 would be included on the bank reconciliation as on the last day of the bank statement

<h2>What exactly does a bank reconciliation include?</h2>

Starting with the bank's ending cash balance, adding any deposits that are currently being made up of the company to the bank, subtracting any checks that haven't yet been cleared by the bank, then either adding or subtracting any other items completes the basic process flow for a bank reconciliation.

<h3>A bank reconciliation is what?</h3>

At the conclusion of every month, a business should perform a bank reconciliation, which is that the process of confirming the correctness of both the bank statement and the cash accounts.

The most frequent reasons why the ending bank balance and ending book balance of cash differ.

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1 year ago
Depreciating assets:
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Become less valuable over time
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From 1980 to 1990, the consumer price index (CPI) increased from 74.4 to 128.7. If a gallon of apple juice cost $0.78 in 1980 an
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(0.78*128.7)/74.4 =1.35
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3 years ago
Read 2 more answers
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