All categories

3 years ago

(look at the graph)

Business

1 answer:

stealth61 [152]3 years ago

3 0

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

You might be interested in

A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000

Pani-rosa [81]

Wasssssupppp the answer will be B

4 0

4 years ago

Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receiva

xeze [42]

Answer:

5.20 times

Explanation:

Account receivable $29,500 + $45,000

= $74,500

$74,500 / 2 =

=$37,250

$194,000 / $37,250

= 5.20 times

Therefore Stealth Company's 2021 receivables turnover ratio is: 5.20 times

5 0

3 years ago

Frank asks you to find out how customers choose which book to buy. You suggest that you could examine how customers are affected

lilavasa [31]

Answer:

The answer is: too much data

Explanation:

If you follow Frank's recommendations, you would be examining seven factors (social media effects, personal recommendations, the book's place, the cover, customers' habits, type of cover and store's atmosphere). Some of them might even be opposing to the others, e.g. customer never read a book by that author, but likes the cover design, but only buys books with paperback covers, is in love with the store's clerk, likes romance but only reads action novels.

This is simply too much information. If you want to increase sales, it is better to focus on specific variables, or even a couple at most.

7 0

3 years ago

There are more than _____ amusement parks in the United States.

noname [10]

Hi friend!

There are more than 400 amusement parks in the United States!

Hope I helped!

*Fun fact* The first amusement park was built in 1893.

6 0

3 years ago

Read 2 more answers

Paige and Parker are writing their values statement for their new consignment shop, Then & Now. Because they want their empl

Andrews [41]

Answer: This statement is True.

Explanation:

A mission statement for a store or a company is very important. This shows the customers what the store or company wants for their employees and their customers. A mission statement should speak about the values held by the founders and be inspiring for others. Positive goals that are reachable should be included in the mission statement. The mission statement should include why the store or business was made and the reason for its existence.

7 0

4 years ago