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NikAS [45]
3 years ago
11

Both Mia and Mario produce only the item in which they have a comparative advantage. Then they trade one pasta for one pizza. Be

fore specialization and trade​ started, Mia and Mario were each producing 66 dishes of pasta and 66 pizzas an hour. The total gains from trade are​ ______ dishes of pasta and​ ______ pizzas an hour.
Business
1 answer:
Molodets [167]3 years ago
4 0

The total gains from trade are​ 66 dishes of pasta and​ 66 pizzas an hour.

Explanation:

A calculation of the net income from trade is the amount of the surplus of the customer and the earnings of the manufacturer or, more generally, the enhanced efficiency of the specialization of production with the subsequent export.

Trade gains can also apply to the net benefits of reducing barriers to trade, such as import tariffs, for a region.

To measure the income, take the price at which you sell the investment and deduct from it the price you originally charged for it. Now that you've got the income, split the income by the original value of the investment. Finally, subtract the response by 100 to adjust the percentage of your investment.

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Bossie Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following
kotegsom [21]

Answer:

$273,400

Explanation:

Given that,

Wages and salaries = $349,000

Depreciation = 290,000

Utilities = 199,000

Total = $838,000

Cost to be allocated to Assembly cost pool :

= (Wages & salaries × 35%) + (Depreciation × 35%) + (Utilities × 25%)

= ($349,000 × 35%) + (290,000 × 35%) + ($199,000 × 25%)

= $122,150 + $101,500 + $49,750

= $273,400

3 0
3 years ago
What type of economic system are you a part of?
Reil [10]

Answer:

As I live in the US, I am the part of capitalistic economic system.

Explanation:

  • There are different types of economic system followed by different countries in the world. Economic system may be socialistic, communistic or capitalistic.
  • Capitalism is the type of economic system where capitals are under the control and owned privately or corporately through private investments rather than state control.
  • It is characterized by the determining production of goods, prices of the products and distribution of the products. It uses markets for the effective utilization of the produced goods. The economy is maintained by the capital profit made from the use of these goods.
5 0
3 years ago
technology transfer​ ____________. A. decreases the need for imports. B. results in a higher level of​ cross-country interdepend
Sonja [21]
I think it’s b .............
5 0
3 years ago
Assume that, given factors of production and existing knowledge and technology, it is not possible to produce more of one good w
amm1812

Answer: The correct answer is "efficient".

Explanation: Economists would characterize this situation as: efficient.

There are situations in which the possibilities of utility improvement are exhausted, reaching an exact point where it is not possible to improve without losing an opportunity. Basically that is the condition posed by the existence of efficient allocation.

7 0
4 years ago
Assets Cash $ 68,400 Accounts receivable 35,600 Inventory 67,300 Buildings and equipment, net of depreciation 179,000 Total asse
makkiz [27]

Answer:

The expected cash collections for April, May, and June is Net operating income $ 59,500, $ 62,000, $ 67,000 respectively.

Explanation:

If there're no other events such as late payments, return of good, recall of debts.... the cash collected is the net operating income (sales deducted cost of goods sold and all related expenses).

7 0
4 years ago
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