1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
USPshnik [31]
3 years ago
13

Argonia and Selenia have specialized in the production of industrial equipment and pharmaceuticals respectively. Argonia exports

industrial equipment to Selenia, which in turn exports chemicals and medicines to Argonia.According to the theory of comparative advantage, this mutually beneficial trade relationship best illustrates:A. the significance of trade barriers.B. a positive-sum game.C. a first-mover advantage.D. the advantages of mercantilism.E. a zero-sum game.
Business
1 answer:
lidiya [134]3 years ago
5 0

Answer:

The correct answer is B. a positive-sum game.

Explanation:

The positive sum is an expression derived from game theory that refers to a situation in which participants can cooperate and make a profit (+1), so the sum of the resulting winnings is a positive number (+ 1 + 1 = 2 or more).

A positive sum game is a scenario where agents have options capable of improving everyone at the same time. A positive sum game in everyday life is the exchange of favors, where each person can produce a great benefit to another with a small cost.

You might be interested in
Novak Corp. has 44,000 shares of $11 par value common stock outstanding. It declares a 11% stock dividend on December 1 when the
Aleonysh [2.5K]

Answer:

in my best defence, the answer is 22

Explanation:

3 0
3 years ago
Brutus Inc is considering the purchase of a new machine for $500,000. It is expected that the equipment will generate annual cas
anygoal [31]

Answer:

8 years

Explanation:

Given: Cost of new machine= $500000.

           Annual cash inflow= $100000.

           Annual cash outflow= $37500.

First, we will calculate annual payback or cash inflow.

Annual payback= (cash\ inflow - cash\ outflow)

∴Annual payback= (\$ 100000 - \$ 37500)= \$ 62500

Now computing cash payback period.

Cash payback period= \frac{initial\ investment}{annual\ payback}

Cash payback period= \frac{500000}{62500} = 8\ yrs

∴ Cash payback period is 8 years.

When payback period is short then investment is more attractive.

6 0
3 years ago
North co., a nonissuer, asked its tax accountant, king, a cpa in public practice, to generate north's interim financial statemen
Yakvenalex [24]

I believe the answer is: Statements on Standards for Accounting and Review Services.

Statements on Standards for Accounting and Review Services refers to an authoritative declaration on an unaudited financial statement (usually the financial statement of the company that is not selling its share on the market). This statement is issued by  Accounting and Review Services Committee.

5 0
3 years ago
Bleakly Enterprises has a capital structure of 45 percent common stock, 5 percent preferred stock, and 50 percent debt. The flot
vodka [1.7K]

Answer:

6.88 percent

Explanation:

The computation of the weighted average flotation cost is shown below:

= (Weightage of debt) × (flotation cost of debt)  + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (50% × 4.5%) + (5% × 7%) + (45% ×9.5%)

= 2.25% + 0.35% + 4.275%

= 6.88%

Simply we multiply the cost of each capital structure with its weighatge so that the accurate average can come

3 0
3 years ago
A business process such as forming a team within a company focused on improving the time it takes to issue a bill and collect pa
Vinvika [58]

Answer:

Devilopmental process.

Explanation:

Developmental process involves actions a business implements in creating a product to launching it.

So forming a team to reduce the turn-around time in issuing bills and collecting payments is a developmental process aimed at better service delivery.

Development can be carried out within the organisation or by parties from outside the organisation (business development agency).

7 0
3 years ago
Other questions:
  • Who receives the benefits and profits from a joint-stock company?
    12·1 answer
  • A stock has a variance of 0.02468, a current price of $28 a share, and an average rate of return of 14.4 percent. How is the coe
    9·1 answer
  • The balance of payments is a record of:___________
    5·1 answer
  • Galt Industries has 50 million shares outstanding and a market capitalization of $1.25 billion. It also has $750 million in debt
    5·1 answer
  • Jackie is often surprised when she goes to other countries to learn that people do business so differently. For instance, in mee
    6·1 answer
  • To make your business messages more effective, revise for vigor and directness. You can strengthen your writing by unburying ver
    8·1 answer
  • Sole proprietorships are often owned by __________.
    14·1 answer
  • The custodian of a $450 petty cash fund discovers that the fund has $65 in coins and currency plus $382 in receipts at the end o
    7·1 answer
  • A process cost system would be appropriate for a:
    6·1 answer
  • Two industries that have the same four-firm concentration ratio can have significantly different herfindahl indexes. A. TrueB. F
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!