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murzikaleks [220]
3 years ago
8

If US workers can produce everything in less time than Mexican workers, it is not possible for the US to gain from trade with Me

xico.
True/False
Business
1 answer:
Brums [2.3K]3 years ago
5 0

Answer:

False

Explanation:

False because the theory of comparative advantage applies

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Which describes an apartment? not attached to any other houses and intended for one household attached to other houses in a long
katrin2010 [14]
Answer: attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders. 

An apartment is a row of houses with one common entrance and a hallway. It belongs to one building wherein the rows of apartment are attached and is managed by landlords. 

3 0
3 years ago
Read 2 more answers
For a business credit card, most companies that issue credit, including Visa and Mastercard, specifically state their liability
lora16 [44]

Answer: Cover up to $500 of liability

Explanation:

When one suspect that there has been unauthorized transactions in ones accounts which could be due to fraud, such business or person can make a complaint as soon as possible.

As soon as the report is made, the person is no longer in charge of the unauthorized use of such card. In a case whereby the loss is reported within two days, the liability is limited to $50 but when the report is made within 60 days after ones statement has been sent to the person or business, this may lead to a liability of $500.

Cover upto liability of $500. If the report is made within 60 days of receiving statement that shows fradulent transactions. If it is not reported within 60 days then the liability is unlimited.

3 0
3 years ago
Twenty-five thousand shares reacquired by Bremer Corporation for $53 per share were exchanged for undeveloped land that has an a
DIA [1.3K]

<u>Solution and Explanation:</u>

a)    

Date  Account Head & Description  Debit Amount Credit Amount

Land Debit (62 multiply 25000)                           1550000  

Treasury Stock Credit (53 multiply25000)                          1325000

Paid - in Capital from treasury stock Credit

(1550000 minus1325000)                                                            225000

(To record purchase of land)    

b)  One might use the cost of treasury stock. However, this is not a relevant measure of this economic event. Rather, it is a measure of a prior, unrelated event. The appraised value of the land is a reasonable alternative (if based on appropriate fair value estimation techniques). However, it is an appraisal as opposed to a market-determined price. The trading price of the stock is probably the best measure of fair value in this transaction.  

6 0
3 years ago
TB MC Qu. 5-49 Walbin Corporation uses the weighted-average method... Walbin Corporation uses the weighted-average method in its
Talja [164]

Answer:

The total cost of the units completed and transferred out of the department was: $342,200.

Explanation:

First calculate the Total Cost per Equivalent unit.

Total Cost per Equivalent unit :

Materials      $2.10

Conversion  $3.80

Total             $5.90

Total cost of the units completed and transferred out = Units completed and transferred out × Total Cost per Equivalent unit

                                                                          = 58,000 units × $5.90

                                                                          = $342,200

 

7 0
3 years ago
The federal government passes a law which a company, JuneCorp, feels unjustifiably discriminates against the company and harms i
fenix001 [56]

Answer:

b. JuneCorp can contest the legality of the law if all three scrutiny tests determine that the law is necessary.

Explanation:

Scrutiny test is a situation whereby the legislative arm of the government passes a law inorder to further government interest in a partivular situation or towards its citizens. Strict scrutiny is used to ensure that, the givernmental discrimination in its new law is constitutionally valid.

7 0
3 years ago
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