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e-lub [12.9K]
3 years ago
14

Argentina can produce either 20 units of cloth or 2 units of wine, while Chile can produce either 24 units of cloth or 12 units

of wine. If each country specializes in the good for which it has comparative advantage, the total output by the two countries will be:
Business
1 answer:
Olenka [21]3 years ago
7 0

Answer:

Their combined production should be 20 clothes and 12 wines.

Explanation:

<u>Argentina's opportunity cost to produce 1 unit of cloth = 0.1 wine</u>

Argentina's opportunity cost to produce 1 unit of wine = 10 clothes

Chile's opportunity cost to produce 1 unit of cloth = 0.5 wine

<u>Chile's opportunity cost to produce 1 unit of wine = 2 clothes</u>

Since Argentina' opportunity cost to produce clothes is lower, then it should specialize int he production of clothes. While Chile should specialize in the production of wine. Their combined production should be 20 clothes and 12 wines.

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On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $100 million. The bonds mature
Sauron [17]

Answer:

The bonds were issued at $87,590,959

Explanation:

The bonds will be issued at the present value of the coupon and maturity discounted by the market rate

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 6,000,000.000 ( 100 million x 6%)

time 30 (2051 - 2021)

market rate 7% = 7/100 = 0.07

6000000 \times \frac{1-(1+0.07)^{-30} }{0.07} = PV\\

PV $74,454,247.1010

PV of the maturity

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   100,000,000.00

time   30.00

rate  0.07

\frac{100000000}{(1 + 0.07)^{30} } = PV  

PV   13,136,711.72

Total current value of the bonds:

PV coupon  $ 74,454,247.1010

PV maturity  $<u>  13,136, 711.7155 </u>

Total             $87,590,958.8165

8 0
3 years ago
The slope of the demand curve for a monopoly firm is:
VladimirAG [237]

Answer:sorry man, don’t know

Explanation:

8 0
3 years ago
Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i
dimulka [17.4K]

Answer:

D. $8,000.

Explanation:

*Net loss is considered as the amount to be allocated between partners on equal sharing ratio. Otherwise the net allocated amount will be 76,000 ( -16000-5000-10000-27000-18000) net loss and Seth's share will be -38,000 (76000/2) . Question has no option of this amount.

                                          Statement of Partners Equity

                                          For the Year end MM-DD-YY

                                                    Seth                      Rachel

                                                       $                             $              

Beginning Capital balance =         0                             0

Investment by partners       =     50,000                 100,000    

interest Allowance              =       5000                     10,000

Salary Allowance                =       27000                    18,000

Net loss Allocated              =    <u>   (8,000)   </u>             <u>  (8,000)  </u>

Ending capital balance       =    <u>  74,000        </u>          <u> 120,000</u>

8 0
3 years ago
Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la
harina [27]

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable.  The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

8 0
3 years ago
Read 2 more answers
On June 15, Oakley Inc. sells inventory on account to Sunglass Hut (SH) for $4,500, terms 4/10, n/30. On June 20, SH returns to
Georgia [21]

Answer: $3360

Explanation:

Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:

SH will be entitled to a discount of 4% since the payment was made within the discount period, therefore, the discount that is applicable will be:

= $4500 - $1000

= $3,500

Therefore, the amount of cash payment that is made by SH to Oakley will be:

= $3,500 - (4% × $3,500)

= $3500 - (0.04 × $3500)

= $3500 - $140

= $3360

Therefore, the amount of cash paid by SH to Oakley is $3360.

7 0
3 years ago
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