Answer:
wheat, wheat
Explanation:
In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.
Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.
Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.
Answer:
Balance = $1,650
Explanation:
As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows
Adjusting entry at the end of June would be
DEBIT CREDIT
Entry
Rent Expense $550
Prepaid Rent $550
The balance on Norma's prepaid expense would be
Prepaid Rent = $2200
Rent Expense = ($550)
Balance = $1,650
Answer:
e. All of the above are inputs required for capital budgeting analysis.
Explanation:
All of the given parameters are inputs required for capital budgeting analysis. is an input required for a multinational capital budgeting analysis, given that it is conducted from the parent's viewpoint.
a. Salvage value
Salvage value is the estimated resale value of an asset at the end of its useful life. It is an applicable cashflow in investment appraisal
b. Price per unit sold
This is the parameter used to calculate the amount of revenue which is the first line of cashflows in an investment appraisal
c. Initial investment
This is the amount that is first spent on capital acquisition of machinery or construction, it is a cashflow in year 0, of investment appraisal
d. Consumer demand
This is the another parameter used to calculate the amount of revenue which is the first line of cashflows in an investment appraisal
The answer is unemployment rate. It is the share of the labor force that is jobless, conveyed as a percentage. It is a lagging pointer, meaning that it normally rises or falls in the wake of changing economic conditions, rather than expecting them. When the economy is in poor shape and jobs are limited, the unemployment rate can be expected to rise. When the economy is growing at a healthy rate and jobs are relatively plentiful, it can be expected to drop. The official unemployment rate is identified as U3. It describes unemployed people as those who are willing and available to work, and who have actively wanted work within the past four weeks.
