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matrenka [14]
3 years ago
6

Which of the following would not result from all countries specializing according to the principle of comparative advantage? a.

Worldwide production of goods and services would increase. b. The well-being of citizens in each country would be enhanced. c. The size of the economic pie would increase. d. Each country’s production possibilities frontier would shift inward.
Business
1 answer:
Anna71 [15]3 years ago
4 0

Answer:

The correct answer is option d.

Explanation:

Specialization in trade due to the difference in opportunity cost helps in improved allocation of resources globally. It leads to increased production of goods and services around the world as the resources are efficiently allocated.  

The well being of people worldwide will be improved, both producers and consumers will be better off. The size of the economic pie will increase with increased production.  

The improved allocation will shift the production possibilities outward as countries will be able to produce more.

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You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).

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4 0
2 years ago
How the following changes will affect demand and supply strong argument:
Vilka [71]

Answer:

Please see below for answer

Explanation:

<u>1 Reduction in subsidy by government </u>

The supply will be negatively affected as the production cost will get higher and it will get more difficult to meet the demand of the product.

<u>2 Increase in price of wood </u>

This will again have an impact on the supply as the production cost increases due to more expensive raw materials.

<u>3 Need of cupboards increased in universities </u>

The demand has increased in this case and the supply will have to be increased too if the demand is to be met.

<u>4 Reduction in tax for both buyers and seller of cupboard</u>

This will result in an increase in both supply and demand as more people might be able to afford the cupboards now as compared to before.

8 0
3 years ago
Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per un
lubasha [3.4K]

Answer:

Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per unit. A large portion of the finished product is sold to Division B where it is packaged and sold overseas under a different label. The tax rate in Division B's country is higher than the U.S. tax rate. Assume the company desires to minimize the overall tax impact of the transfer (i) what type of relative pre-tax income should each division desire to achieve as a result of the transfer and (ii) what type of transfer price would accomplish your answer to (i).  

Dairy Division Income Division B Income Transfer Price .

Option  "D"  is the correct answer -  High Low High.

Explanation:

Since in Division B, the tax rate is higher than the tax rate in US-based dairy division. Therefore to minimize the impact of the overall tax, transfer price from dairy division should be high to Division B so that the dairy division income would be higher. and the income of Division B would be lower.

Hence option  "D" is the correct answer.

3 0
3 years ago
When you transition, a brief re-cap of the information that has just been heard is known as:
Delvig [45]

Answer:

When you transition, a brief recap of the information that has just been heard is known as an internal review.

Explanation:

Internal review is the recap of information that has just been heard in  transition.

5 0
4 years ago
Which one of the following is an unintended result of the Sarbanes-Oxley Act? Multiple Choice More detailed and accurate financi
Evgesh-ka [11]

Answer:

Increased responsibility for corporate officers

Explanation:

A review of eight thousand public companies, on the study of the impact of the Sarbanes-Oxley Act (SOX) of 2002 revealed that <u>SOX increased directors' workload and risk, and increased demand by mandating that firms have more outside directors. </u>

It was also revealed that both broad-based changes and cross-sectional changes (by firm size) occurred <u>because Board committees meet more often post-SOX</u> and Director and Officer insurance premiums have doubled.

6 0
3 years ago
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