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grigory [225]
3 years ago
10

When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo

my __________
a) falls.
b) stays the same.
c) rises.
d) may fall, rise, or stay the same
Business
1 answer:
OLga [1]3 years ago
7 0

Answer:

The correct answer is c) rises.

Explanation:

Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

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Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with
max2010maxim [7]

Answer:

A large stock dividend is a distribution of more than 25% of previously outstanding shares.

The account Paid-in Capital in Excess of Par Value is always credited when a large stock dividend is declared.

Explanation:

A dividend is considering parsing or separating out profit sharing. A dividend has also, tax rate. For example, there is sometimes in the world situation where we get to see increasing of values of stock and in that time, shareholder can choose what he will do. He can sell the stock and if he does that, he will have to play a tax on capital gains.

So, if someone is sharing a dividend stock, he will be paid an amount of money that the company will earn in the meantime.  Companies can device when and how will they pay their dividends.

3 0
3 years ago
____ is a short-term debt instrument issued only by well-known, creditworthy firms and is normally issued to provide liquidity o
monitta

Answer:

Commercial Paper.

Explanation:

A commercial Paper is an unsecured and negotiable money market instrument issued in the form of a promissory note. Are issued by companies to raise short term funds for meeting working capital requirements.

Benefits to the issuer:

-low interest expenses

-access to short term funding

-flexibility and liquidity

-investor recognition

-ease and low cost of establishment

-no collaterals

Benefits to the investor:

-higher yield

-portfolio diversification

-flexibility

-liquidity

4 0
3 years ago
Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $165,000 were on hand. Not included i
Marina86 [1]

Answer: $272,570

Explanation:

4 0
3 years ago
A rent ceiling is​ _______. A. a price floor in the housing market B. the opportunity cost of renting an apartment C. the mechan
GenaCL600 [577]

Answer:

D.

Explanation:

A rent ceiling is​ a government regulation that makes it illegal to charge a rent higher than a specified level. Meaning that the landlord of a building cannot charge a rent amount higher than the maximum price set forth by the rent ceiling. Landlords that violate this law are usually fined by the government as a consequence.

6 0
3 years ago
Converse Florists​ & Co. reported assets of $ 1 comma 200 and equity of $ 350. What is its debt​ ratio? (Round your percenta
Bas_tet [7]

Answer:

70.83%      

Explanation:

Given that,

Company's assets = $1,200

Equity = $350

Dept = Reported assets - Company's equity

        = $1,200 - $350

        = $850

Dept ratio = (Debt ÷ Total assets) × 100

                 = ($850 ÷ $1,200) × 100      

                 = 0.7083 × 100

                 = 70.83%      

Therefore, the Dept ratio of Converse Florists​ & Co. is 70.83%.

7 0
3 years ago
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