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Natalka [10]
3 years ago
10

Which of the following explanations resolve the Leontief paradox?a. Leontief assumed that U.S. and foreign technologies were the

same, while the Heckscher-Ohlin model assumes they are different. b. Leontief ignored land abundance in the United States.c. Leontief wrongly assumed that the United States was abundant in capital.d. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.
Business
1 answer:
mafiozo [28]3 years ago
8 0

Answer:A. Leontief assumed that U.S. and foreign technologies were the same, while the Heckscher-Ohlin model assumes they are different

B. Leontief ignored land abundance in the United States

D. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.

Explanation:Leontief paradox is a Russian-American economist, his work was based on the work of Wassily W. Leontief he attempted to test the Heckscher–Ohlin theory ("H–O theory") empirically.

in economics tries to explain that a country with a higher capital per worker has a lower Capital per labor ratio in export than when compared to Import.

LEONTIEF IGNORED THE ABUNDANCE OF LAND IN MAKING HIS ASSUMPTIONS

HE ALSO CLASSIFIED THE U.S TECHNOLOGY AND OTHERS AS THE SAME WHICH IS NOT IN LINE WITH THE H-O MODEL ASSUMPTION.

LEONTIEF THEORY IGNORED CAPITAL DURING HIS TEST.

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Essay of market structure
ASHA 777 [7]

Market structure serves as the way the industries in the market are been classified.

<h3>What is Market structure ?</h3>

Market structure can be regarded as a structure that is used in the classification of different industry that made up a market.

The types of market structures are:

  • perfect competition
  • oligopoly market
  • monopoly market
  • monopolistic competition.

These classification is usually done base on based on their degree and nature of competition of that industry.

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4 0
2 years ago
Kingbird Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash
Nikitich [7]

Answer:

cash                  2,790 debit

        unearned revene 2,790 credit

unearned revenue 1,860 debit

           rent revenue    1,860 credit

Explanation:

The revenue from the rent is unearned as currently the firm has to provide the rent spance for three months It will be earned as time passes.

At year-end December 31th we have earned 2 months (Nov and Dec) therefore we reocgnize for that amount

2,790 x 2/3 months = 1,860 rent revenue

3 0
3 years ago
Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning
Ivan

Answer:

Allocated MOH= $26,372

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 48,200

Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200

Predetermined manufacturing overhead rate= (48,200 + 21,200) / 10,000

Predetermined manufacturing overhead rate= $6.94 per machine hour

<u>Now, we can allocate overhead to Job H:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 6.94*(2,600 + 1,200)

Allocated MOH= $26,372

8 0
3 years ago
esearch on transformational and transactional leadership shows a. transactional leadership is more effective than transformation
Morgarella [4.7K]

Based on various study analyses, the research on transformational and transactional leadership shows that "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

This is because transformational leaders are the type of leaders that encourage and motivate their followers to make effective changes.

On the other hand, transactional leaders are types of leaders that mainly promote changes that favor their self-interest.

Hence, in this case, it is concluded that the correct answer is option C. "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

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6 0
2 years ago
​A Brazilian company called Netshoes completed its IPO on April 12, 2017, and listed on the NYSE. Netshoes sold 8,250,000 shares
sergiy2304 [10]

Answer:

(A) $143,220,000

(B) $9,452,520

(C) $133,767,480

Explanation:

(a) The computation of the total proceed is shown below:

= Number of shares sold at IPO × IPO price

= 8,250,000 shares × $17.36

= $143,220,000

(b) The computation of the dollar amount of the underwriting fee is shown below:

= Total proceeds × underwriting discount

= $143,220,000 × 6.6%

= $9,452,520

(c) The computation of the net proceeds is shown below:

= Total proceeds - underwriting fee

= $143,220,000 - $9,452,520

= $133,767,480

4 0
3 years ago
Read 2 more answers
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