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Masja [62]
3 years ago
9

Country A is an extremely efficient producer of tin. However, its climate and terrain makes it difficult to produce corn. Accord

ing to the theory of comparative advantage, Country A should:__________.
Business
1 answer:
Advocard [28]3 years ago
7 0

Answer:

Theory of comparative advantage states that a country has a comparative in a production of certain commodities if the opportunity cost of producing these commodities is lower than the other countries.

Here, it is given that country A is a efficient producer of tin and there are some difficulties in producing corn. So, country A have to concentrate on the production of Tin and purchase the corn from any other efficient producer.

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If the total production exceeds the total expenditures this means that there are more goods are produced than the demand of each households. Thus, this will lead to an increase of inventory. Then this will signal the manufacturing firm that they have overproduced the goods which will lead to cut back the production. This leads to lesser prices and/or unsold goods alongside with the likelihood of unemployment. Therefore the answer is d.
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3 years ago
Queen, inc., has a total debt ratio of .32.
gulaghasi [49]

(A) Debt ratio = 0.32

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0.68* Debt = 0.32* Equity

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(B) Equity multiplier = 1 + debt -equity = 1+0.47 = 1.47

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4 0
3 years ago
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lesya692 [45]

Answer: Option (C)

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worty [1.4K]

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