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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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Horton Co. was organized on January 2, 2014, with 500,000 authorized shares of $10 par value common stock. During 2014, Horton h
Harrizon [31]

Answer:

The balance in the Paid-in Capital from Treasury Stock account at December 31, 2014 is $36,000

Explanation:

The computation of the balance in the treasury stock account is shown below:

= Number of shares sold × (Selling price of share - purchase price of share)

= 18,000 shares × ($13 per share - $11 per share)

= 18,000 shares × $2 per share

= $36,000

The other items which are mentioned like issued shares, authorized shares are irrelevant because we have to compute for the treasury stock, not for the common stock. So, these parts would be ignored in the computation part.

7 0
2 years ago
Rues and West Inc. is an automobile manufacturing firm. It produces and assembles all the parts of automobiles in its factory an
Alexxandr [17]

Answer:  Wholesalers

Explanation: In simple words, push pull strategy refers to the flow of the merchandise from different levels of supply chain management. Wholesalers refers to an individual or an entity that produces a commodity at large quantities to ultimately sell it to retailers of that commodity.

In the given case,the rues and west were producing the commodities in large quantities and are supplying it to their stores where it is further sold to retailers.

Hence they are wholesalers.

3 0
2 years ago
Jose and Juanita are buying their first home. They want a low interest rate on loans, and they want to deal with someone local a
Sedbober [7]

Answer:

savings and loan association

8 0
3 years ago
Reinforay, an aircraft manufacturer, makes passenger, cargo, short-haul, and long-haul aircraft from the same design, with many
Tcecarenko [31]

Answer:

a. product platform

Explanation:

Product platform -

It refers the process of designing , where all the parts of the goods or services have some common element in common , is referred to as product platform .

The method is used to -

  • increases the process of developing new products ,
  • reduce the cost of development ,
  • a single element acts as a identification for the product .

Hence , from the given scenario of the question ,

The correct option is a. product platform .

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2 years ago
- What is the conventional wisdom when it comes to what good debt is vs. bad debt?
Ede4ka [16]

good debt is for buying assets : things that will be worth more in the future

bad debt is for buying liabilities : things that will be worth less in the future

6 0
2 years ago
Read 2 more answers
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