Answer:
By comparing the opportunity cost of producing cheese in the two countries, you can tell that Spain has a comparative advantage in the production of cheese and Germany has a comparative advantage in the production of beer.
Explanation:
- To produce a pound of cheese, Spain gives up to the production of 3 barrels of beer, while to produce the same amount of cheese, Germany gives up to the production of 11 barrels of beer. Then, it is relatively cheaper to Spain to produce cheese, compared to Germany, because for every pound of cheese produced, Spain gives up to fewer barrels of beer. Then, Spain has a comparative advantage in the production of cheese.
- On the other hand, Germany can produce 11 barrels of beer, by giving up to 1 pound of cheese, while Spain can only produce 3 barrels of beer by giving up to one pound of cheese. Germany is more efficient producing beer, because it is relatively cheaper for German compared to Spain, producing and additional barrel of beer in terms of the cheese they do not produce when they produce more beer. Germany has a comparative advantage in the production of beer.
Dictionary: Often a book listing the spellings and Definitions of words.
Answer:
the layoffs were instances of employment at will
Explanation:
GEM Manufacturing's defense would most likely be that the layoffs were instances of employment at will.
Employment at will is a situation where a worker may be dismissed by an employer for any reason that may not be illegal and at anytime.
The Employers, in this question for example, terminated the relationship because of slowdown in sales. And this action affected the two employees with poorest attendance.
Another name for the minimum desired rate of return is hurdle rate, discount rate or required rate of return. It is the minimum value of rate that a company is expecting to earn when it invests in a certain project. It is the target value of rate of the company.
Answer:
$116 million
Explanation:
January 1 8,000,000*(15-1) =$112,000,000
December 28 Treasury stock sold 2,000,000*(20-18)=$4,000,000
Paid in Capital At December 31,2016 $116,000,000