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IRINA_888 [86]
3 years ago
9

Suppose that the country of Xenophobia chose to isolate itself from the rest of the world. Its ruler proclaimed that Xenophobia

should become self-sufficient, so it would not engage in foreign trade. From an economic perspective, this idea would______
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer:

not make sense as long as Xenophobia had a comparative advantage in any good.

Explanation:

Comparative advantage is when a country has a lower cost of production of a good compared to other countries. The country will be able to produce more than it needs and have excess for export.

So if Xenophobia has comparative advantage in for example yam production, and meets its local needs while having excess. It will make no economic sense to waste this excess. Instead it will be better to export the excess and make money for the country.

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Which of the following strategies is used in the following ad:
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Answer:

a

Explanation:

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3 years ago
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A defense contractor has been able to summarize its total annual fixed costs as $100,000 and the total variable cost per unit of
Zielflug [23.3K]

Answer: $66.25

Explanation:

What should the per unit selling price be to make a 25% profit this year?

First, we'll calculate the total cost which will be:

= $100,000 + $5000(33)

= $100,000 + $165,000

= $265000

%profit = 100(revenue - cost)/ cost

25% = 100(revenue - 265000)/265000

Therefore, revenue will be:

265000(1 + 25%) = 331250

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Selling price per unit will be:

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7 0
3 years ago
Taylor Equipment Repair Service is owned by Jason Taylor. Cash $ 33,700 Supplies 5,780 Accounts Receivable 12,600 Equipment 77,4
kumpel [21]

Answer:

Owners Equity/Net Worth is $106,080

<u>Explanation:</u>

<u>Assets</u>

Cash                             $33,700

Supplies                       $5,780

Accounts Receivable  $12,600

Equipment                    <u>$77,400</u>

Total Assets                 <u>$129,480</u>

<u>Liabilities</u>

Accounts Payable                 $23,400

<em>Owners Equity (Balance)    </em><u><em>$106,080</em></u>

Total Liabilities and Equity    <u>$129,480</u>

4 0
3 years ago
Identify whether the following paragraph uses a direct, indirect, or semi-indirect organizational pattern.
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Answer:

Correct answer is B that is <u>Indirect Organizational Pattern</u>

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Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5
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Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

8 0
1 year ago
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