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LekaFEV [45]
3 years ago
8

"Trade raises the economic well-being of a nation in the sense that the gains of the winners exceed the losses of the losers." T

his statement is correct for a nation that exports manufactured goods, but it is not correct for a nation that imports manufactured goods.a. Trueb. False
Business
1 answer:
kondaur [170]3 years ago
8 0

Answer:

B) False

Explanation:

Trade usually benefits all the nations involved. We can use an extreme example, Chinese-American trade. America has a huge trade deficit with China, but still the whole country benefits from it. America lost some manufacturing jobs, but they have been replaced by higher paying service related jobs (currently service related jobs account for more than 70% of the total jobs in America).

And more important, American citizens are able to buy very good and cheap products from China and other places. Imagine if we had to pay for only domestic products, we would spend a much larger portion of our income in them.

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Inez was content with her job at Pieces Packaging until the company added two levels of supervision, lowered bonuses, and decrea
nasty-shy [4]

Answer:

hygiene

Explanation:

<em>A hygiene factor is what characterizes the environment of an individual's work, this includes policies, relationships between co-workers, security, supervision, etc.</em> In the question given Inez's dissatisfaction is due to these factors that were changed by her company.

I hope you find this information useful and interetsing! Good luck!

3 0
3 years ago
Assume that a firm uses labor and capital to produce a product. The firm hires labor at a wage rate of $4 per unit and rents cap
jarptica [38.1K]

Answer: c.) hire less labor and rent more capital

Explanation:

To answer this we would need to find out the Marginal cost per dollar of producing with either form of production being labour or capital.

The Marginal Product of Labour is 20 units resulting from $4 dollars so that means that for every dollar spent on Labour we get,

= 20/4

= 5 units of output.

However, The Marginal Product of renting Capital is 30 units resulting from $5 dollars so that means that for every dollar spent on Capital we get,

= 30/5

= 6 units of output.

This means that renting Capital is more efficient because we get 1 more unit of output per dollar and so to minimize cost of production without changing the level of output, the firm should hire less labor and rent more capital.

8 0
3 years ago
Tatham Corporation produces a single product. The standard costs for one unit of its Clan product are as​ follows:
Alla [95]

Answer:

$3,500 Unfavorable

Explanation:

The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-

Variable overhead efficiency variance

=  (Standard labor hours - actual labor hours) × (Standard variable overhead rate)

= (3,500 × 2 - 7,500) × $7

= (7,000 - 7,500) × $7

= $3,500 Unfavorable

Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.

3 0
3 years ago
Which of these factors would be considered when making a location decision at the region/community level?
Delicious77 [7]

Answer: E .

The three most important reason'sfor a firm to locate in a particular region are,RAW MATERIALS

PERISHABILITY

TRANSPORTATION COST

Hope it's correct,

8 0
3 years ago
Question ObjectivesTest side bar expand button Q 3.2: According to the historical cost principle, if an asset costs $50,000 when
harkovskaia [24]

Answer:

A.

Explanation:

The cost principle means that in accounting, any transaction is recorded at the historical purchase price.

A fair value is the amount at which an asset could be exchanged in an arm´s length transaction between knowledgeable and willing parties.

Revaluation of fixed assets is not allowed for GAAP.

An appreciated value is an increase in the value of an asset over time.

A market value is the price at which a product or service could be sold in a competitive, open market.

3 0
3 years ago
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