Option D, These countries experience diminishing returns to physical capital per worker with technology and human capital per worker being fixed
Explanation:
The curve which represents the relationship between physical capital per employee and production per employee illustrates the value of human capital per employee and technologies.
Both Albernia and Brittania have decreasing returns on physical capital as the same incremental rises in physical capital per employee in both countries — continuous job retention in human capital and technology — will lead in smaller and less actual GDP changes per employee.
So, Both human capital per worker and technology are held fixed. Yes, there are diminishing returns.
Answer:
y
beta
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
Opportunity cost of country X in producing alpha = 300 / 100 = 3 units of beta
Opportunity cost of country Y in producing alpha = 200 /100 = 2 units of beta
Y has a comparative advantage in the production of alpha
Opportunity cost of country X in producing beta = 100/ 300 = 0.3
Opportunity cost of country Y in producing beta = 100/200 = 0.5
X has a comparative advantage in the production of BETA
alpha 3 2
Answer:
Antidumping duty
Explanation:
Dumping occurs when manufacturers decides to export products to other countries at prices below their cost of production. This is what is happened in this scenario. In trying to combat dumping, the importing country may impose antidumping duty.
Now antidumping duty involves putting a tariff on imported goods that are believed to be sold at prices lower than production cost. By increasing their tariffs, it is expected that the exporters in turn increases the prices of the goods they are exporting.
It makes the biloating rating obecyive monplly to the form of the inverstjgatdd
Answer:
$322,990
Explanation:
The reconciled estimated market value of the subject property will be calculated as follows:
($329,500 X 0.45) + ($320,900 X 0.35) + ($312,000 X 0.2) = $322,990
