All categories

3 years ago

The Economic Landscape of Oceania World Geography Unit 7:__________Australia, New Zealand, and the Pacific Islands

Business

1 answer:

kykrilka [37]3 years ago

5 0

Answer:

The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.

You might be interested in

Which of the following is a reason a coffee shop might exit from the market? Select all that apply.

malfutka [58]

Answer:

that answer is d

Explanation:

Angela uses cup of strawberries to make of a liter of smoothie. What is the unit rate in cups of strawberries per liter of smoothie?

7 0

3 years ago

Country Alpha has 15 thousand acres of land and 45 thousand laborers, whereas Country Beta has 100 thousand acres of land and 20

Monica [59]

Answer: b. good B; good A

Explanation:

According to the Heckscher-Ohlin model, a country should export the good that is has a relative abundance in and import the good it has relative scarcity in.

Find out labor to land ratio of both countries:

Country Alpha = 45 / 15 = 3

Country Beta = 200 / 100 = 2

Country Alpha has 3 labor units per acre

Country Beta has 2 labor units per acre

Country Alpha therefore has more labor abundance and should export the labor intensive good which is good A which means <u>Country B will import A</u>.

Country Beta should <u>export more land intensive good which is good B. </u>

6 0

3 years ago

G wholesalers who own the merchandise they sell but do not physically handle, stock, or deliver it are referred to as __________

Murljashka [212]

Merchants is the answer to the question.

5 0

3 years ago

Suppose that a worker in Caninia can produce either 2 blankets or 8 meals per day, and a worker in Felinia can produce either 5

emmasim [6.3K]

Answer:

15 blankets; 35 meals

Explanation:

First, we compute Opportunity Cost (OC).

In Caninia,

OC of blanket = 8/2 = 4 meals

OC of meals = 2/8 = 0.25 blanket

In Felinia,

OC of blanket = 1/5 = 0.2 meals

OC of meals = 5/1 = 5 blanket

Since Felinia can produce blankets at lower OC (0.2 < 4), so

Felinia has comparative advantage and specializing in blankets.

Total blankets produced with trade = 5 x 10

= 50

Since Caninia can produce meals at lower OC (0.25 < 5), so

Caninia has comparative advantage and specializing in meals.

Total meals produced with trade = 8 x 10

= 80

After trade,

Total blankets produced = 10 + 25

= 35

Decrease in blanket output = 50 - 35

= 15

Total meals produced = 40 + 5

= 45

Decrease in meals output = 80 - 45

= 35

5 0

2 years ago

The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried

ycow [4]

I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.

Looking at the chart, we see that this gives us 81-75 = 6.

Therefore, the Marginal Benefit of a fourth sandwich is 6.

6 0

3 years ago