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OverLord2011 [107]
3 years ago
14

Suppose that the home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advanta

ge in manufacturing output. What will happen to the relative price of manufactured output when trade occurs?
Business
1 answer:
Whitepunk [10]3 years ago
5 0

Answer:

Explanation:

In a situation such as this one the individual workers and their families may be better off or may actually do worse due to the real wage rises in terms of agricultural goods but the real wage in terms of the manufactured goods will actually fall. Therefore it depends on the worker's unique situation and in which sector they are in which determines if they are better or worse.

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Blossom Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $4,000, and i
Nookie1986 [14]

The straight line depreciation expense in 2022 is $1500.

The straight line depreciation expense in 2023 is $3000.

<h3>What is the depreciation expense in 2022 and 2023?</h3>

The striaght line depreciation method spreads out the depreciation expense equally over the useful life of the project.

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($32,000 - $4,000) / 8 = $3000

The depreciation expense each year would be $3000 except in 2022 when the truck was used for 6 months.

Depreciation expense in 2022 = 6/12(3000) = $1500

To learn more about straight line depreciation, please check: brainly.com/question/6982430

7 0
2 years ago
Which of the following statements is NOT true about lockout/tagout?
dlinn [17]
<span>Which of the following statements is NOT true about lockout/tagout?
D. Lockout/Tagout is to be used only in extreme cases of potential electrical hazard 
D is not true because you would use a lockout/tagout when applying electricity in a way that could be dangerous. Due to being able to use it whenever it could be dangerous, it is used more than just in extreme cases. 
</span>
3 0
3 years ago
Fill in the blanks below. Possible options are given in the parentheses after each blank. If American households and firms expec
Andrews [41]

Answer:

Expectation of worse economic condition means it is experiencing recession which expected to become worse in near future. The Fed tends to increase the money supply to induce investment, which bring increase in demand and lead to an increase in real GDP.

The Federal Reserve could try to reduce the impact by <u>buying</u> bonds. This action will result in a <u>higher</u> level of money supply and a <u>lower</u> level of interest rate. The effect of this interest rate change is that there will be <u>more</u> investment and <u>increased</u> real GDP.

5 0
2 years ago
Topic: The Consumer and Business Market To increase revenue, many businesses, such as gift basket, insurance, tax preparation, f
sp2606 [1]

Answer:

Check the explanation

Explanation:

B2B decisions are made between business entities (business and wholesaler, wholesaler and retailer) while B2C decisions are made between business and individuals (business and individual customers). Decision Making Units (DMU) is common in B2B and B2C decisions.

In a B2B, the key DMU includes economic buyer, infrastructure buyer and the user buyer. The economic buyer is the person buying a product, infrastructure buyer is the person providing infrastructure to make the purchase happen and the user buyer is the person supplying the product.

In the case of a decision-making process in a B2C, the DMU is a group of people making the decisions on the purchase of goods. B2C decision making consists of a buying center with users, buyers, influencers, gatekeepers and deciders.

The buying center is the key DMU in a B2C segment. The initiators in the buying center offer suggestions in a product purchase. The influencers provide their opinions in a product purchase. The buyers are the persons responsible for the entire contract. The gatekeepers control the information flow. Deciders take the final decision on a purchase. End users purchase the final product and use the item.

Consider the restaurant or fast food business that predominantly targets the corporate employees. In this case, a B2B decision-making process can be used to get more customers and improve their sales.

The economic buyer in this case is the employee of the corporate, the infrastructure buyer is the corporate entity and the user buyer is the fast food company supplying the food item. In this manner, a network with various corporate entities in the local area could improve the sales of the fast food company.

Similarly, a B2C decision-making process can be used to improve the sales by directly selling to the employees of the corporate and other people requiring fast food delivery at home through a mobile app.

In the decision-making process of B2C, the buyers are the fast food company, influencers may the persons including friends, family members and other entities, end users are the persons purchasing food through mobile app and gatekeepers are the persons responsible for maintaining the mobile app.

5 0
3 years ago
Describe the distorting effects of taxes to intrapreneurs​
den301095 [7]

Answer:

The higher the tax rate, the more capital is taken out of the hands of the entrepreneur and into the hands of the government. Therefore, many believe that higher tax rates leave entrepreneurs with less money to reinvest in their businesses, leading to less job creation.

Explanation:

https://smallbusiness.chron.com/tax-rates-affect-entrepreneurship-39006.html

4 0
3 years ago
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