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3 years ago

All of the following are true EXCEPT

Business

1 answer:

kondor19780726 [428]3 years ago

7 0

Answer:

(D) the principle of comparative advantage does not apply to countries with extremely limited resources.

Explanation:

The statement a, b and c are trues, the cost of opportunity reduced because you have more products available, it reduces the price of different prices and services, the trade makes that the nations depend and work together to improve their benefits, usually the trade doesn't benefits all the citizens because some industries improve their performance an other don't it depends of the market.

All the resources al limited, but the principle of the comparative advantage, says that the countries have to put the resources and efforts in a specific economic activities where they are better that other countries, and there are many products that a country could make

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Consider a market where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are ma

mario62 [17]

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

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3 years ago

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astra-53 [7]

Answer:

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Example

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2 years ago

Identify a cost driver that may be used to assign each cost pool to each line of snowmobiles. Budgeted Costs Cost Driver Machine

Norma-Jean [14]

Explanation:

The identification of the cost driver is presented below:

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Oil, heating = Machine hours or square feet

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3 years ago

If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in

AnnyKZ [126]

Answer:

Explanation:

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