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3 years ago

I. Two countries produce the same goods for the same opportinity cost

Business

2 answers:

Serggg [28]3 years ago

7 0

Answer:

Explanation:

II only. It is advantageous to trade if two countries produce different goods for different opportunity costs, which was choice II. The choices of I, III, and IV are reasons as to why you would NOT trade.

Setler [38]3 years ago

6 0

Answer:

A) II only

Explanation:

A company or country producing goods and services at a lower opportunity costs gain comparative advantage over other firms or nations. It means the country can offer the product to the market at a lower price than any others. A lower opportunity cost implies the benefits forfeited in the production costs less.

A low cost of production or cheaper inputs makes the opportunity cost of production low. A country that can manufacture certain goods and services at a lower price should produce in bulk for the export market. Similarly, the country should import what other countries can produce at a lower price. Trading from this perspective facilitates prudent use of the factors of production.

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Which act covering most private-sector employers prohibits certain unfair labor practices, such as a union's refusal to bargain

kolezko [41]

The correct option is C.
The Taft Hartley Act is a United States federal law which limits the activities and powers of labour unions. The Act was enacted in 1947 and it prohibits some union practices, it also requires improvement in union disclosure of political and financial dealings.

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3 years ago

All of the following statements regarding the double-entry system are true except:__________. 1. both sides of the accounting eq

Gennadij [26K]

Answer: both sides of the accounting equation must be affected when recording a transaction using the double-entry system

Explanation:

The double entry principle states that for every financial transaction that takes place, there will be an opposite and equal effects in two different accounts at least. It simply implies that there for every transactions that happens, there are two entries which are the credit entry and the debit entry.

In a double entry principle, the addition of all the debits to the accounts must be thesame as the addition of all credits.

Option A which states that both sides of the accounting equation must be affected when recording a transaction using the double-entry system isn't correct. Both side of the accounting equation aren't affected.

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3 years ago

Issues of growth are generally considered in: Multiple Choice neither the short-run nor the long-run frameworks. the short-run f

liraira [26]

Answer:

the long-run framework.

Explanation:

In Economics, Growth can be defined as an increase or rise in the level of output and production of goods and services over a specific period of time by a business entity.

Issues of growth are generally considered by economists in the long-run framework because growth itself is a long-run phenomenon in economics.

A long-run growth refers to the continuous and sustained increase in the level of output of goods and services or quantity of production that a business is able to achieve.

Hence, all of the four factors of production affects the level of growth that is being experienced by an individual or organization. These factors are;

1. Capital.

2. Labor.

3. Land.

4. Entrepreneur.

In a nutshell, business owners and economist usually consider the growth of a business as a long-run phenomenon rather than as a short-run phenomenon.

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3 years ago

John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consis

svetlana [45]

Answer:

Calculation of Net taxable income

Particulars Amount Amount

Interest income from savings interest $200

Interest income from certificate deposit $350

Dividend from saving account with $100

local credit union

Interest income from us treasury note $250

Tax exempt interest from municipality bond $500

Ordinary dividend $1,700

Gross total income $3,100

Income exempt

Dividend from saving account $100

Dividend from treasury note $250

Tax exempt interest from municipality bond $500 $850

Net taxable income $2,250

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3 years ago

Maurice and Stanley's train store has grown to the point that they need more capital to expand the current location and to open

harina [27]

Answer:

b. sole proprietorship.

Explanation:

A sole proprietorship is a single business entity that is responsible for all profits and losses and may use a sole name or a business name as a private company is known for its flexibility and thus does not need to take large loans from the government.

Have an advantage of less administrative paperwork and record-keeping than a corporation, have less risk of being stolen by investors.

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3 years ago