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Ivahew [28]
3 years ago
13

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil

ity frontier that is biased toward production of the ________ good. Group of answer choices land; capital intensive capital; land intensive land; labor intensive labor; labor intensive labor; capital intensive
Business
1 answer:
Nat2105 [25]3 years ago
5 0

Answer:

The answer to this question is  (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.  

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good  

Hence the answer is the third option, Labour, Labour intensive

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The cost of renting a room at a hotel is, say $100.00 per night. For special occasions, such as a wedding or conference, the hot
Serggg [28]

Answer:

//Room rent

#include<iostream>

using namespace std;

int main()

{

double rent, sales, dis = 0;

int num, days;

double room_rent, total_rent,sales_tax;

cout<<"Enter the rent of one room: ";

cin>>rent;

cout<<"Enter the number of rooms to be booked: ";

cin>>num;

cout<<"Enter the number of days for which rooms need to be booked: ";

cin>>days;

cout<<"Enter the sales tax (in %): ";

cin>>sales;

if(num>=30)

dis = 0.3;

else if(num>=20)

dis = 0.2;

else if(num>=10)

dis = 0.1;

if(days>=3)

dis += 0.05;

total_rent = rent*num*days*(1-dis);

room_rent = total_rent/num;

cout<<"The cost of renting one room is "<<room_rent<<endl;

cout<<"The discount given is "<<100*dis<< "%.\n";

cout<<"The number of rooms booked is "<<num<<endl;

cout<<"The number of days rooms booked is "<<days<<endl;

cout<<"Total cost of the rooms = "<<total_rent<<endl;

sales_tax = (sales*total_rent)/100;

cout<<"Sales tax = "<<sales_tax<<endl;

cout<<"Total bill = "<<total_rent + sales_tax<<endl;

return 0;

}//end of main function

Explanation:

3 0
3 years ago
Equivalent units for materials total 40,000. There were 32,000 units completed and transferred out. Equivalent units for convers
den301095 [7]

Answer: 40000

Explanation:

The physical units for conversion cost will be calculated as follows:

= Units completed and transferred out + (Equivalent units for conversion costs - Units completed and transferred out /Completion percentage)

= 32000 + (36000 - 32000 / 50% )

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= 32000 + 8000

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4 0
3 years ago
A market structure with many sellers and many buyers is
konstantin123 [22]
I believe it’s b I’m sorry if I’m wrong
5 0
3 years ago
Read 2 more answers
04. The adjusted trial balance for Vennables Co. at December 31, 2018 includes the following: 5-year Bonds Payable 8% (due 2023)
Archy [21]

Answer:

The total long-term liabilities are $3,750,000.

Explanation:

Long-term liabilities are Company`s obligations that are due for settlement within a period longer than 12 months.

<em>So, identify all the items that fall in this category and find the total.</em>

5-year Bonds Payable 8% (due 2023)                                         $3,000,000

Premium on Bonds Payable                                                           $ 200,000

Notes Payable (5 yr.)                                                                        $265,000

Mortgage Payable (Long term portion) 300,000 - $15,000          $285,000

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8 0
3 years ago
Which skill would a public relations manager require the most?
12345 [234]

The answer is C multitasking skill

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3 years ago
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