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2 years ago

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True or false: the heckscher-ohlin theory addresses two questions left unexplained by the ricardian theory: what determines comp

arative advantage and what effect does international trade have on the earnings of various factors of production in trading nations?

1 answer:

tekilochka [14]2 years ago

6 0

is the answer to this True?

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Suppose the economy's production function is ???? = ????K 0.3???? 0.7 . If K = 2000, N = 100, and A = 1, then Y = 246. If K and

densk [106]

Answer:

Y=38.8

Y will increase by 38.8

Y=246+38.8

Y=284.8

Explanation:

Y=A. F(K, L)

Y=A. K^0.3, L^0.7

Then

Y=246

A=1

K=2000

N or L=100

Solutions

200=1(2000^0.3, 100^0.7)

Now the question says both k & N are increased by 0.20

Therefore

Y=1(2400^0.3, 120^0.7)

Y=1(10.3 + 28.5)

Y=38.8

4 0

3 years ago

A healthy fast-casual restaurant that offers only vegetarian and vegan meals insists on portraying organic ingredients in its ad

Gelneren [198K]

The strategy that they use is <span>signaling value by targeting sophisticated buyers

This type of strategy could only work if the target market has specific preferences.
Even though the number of potential consumers for this market tend to be considerably small compared to another market, but the customers that obtained through this strategy tend to show higher level of loyalty.</span>

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3 years ago

Wendell Company provided the following pertaining to its recent year of operation:â€¢ Common stock with a $10,000 par value was

den301095 [7]

Answer:

Option (D) $27,000

Explanation:

Data provided in the question:

Cash dividends declared = $20,000

Dividends paid = $15,000

Net income = $70,000

Market value of the stock dividend = $23,000

Treasury stock = $9,000

Selling cost of the treasury stock = $7,000

Now,

Retained earnings increase during the recent year of operation will be

= Net income - Cash dividends declared - Market value of the stock dividend

= $70,000 - $20,000 - $23,000

= $27,000

Hence,

Option (D) $27,000

3 0

3 years ago

Suppose the Federal Reserve wants to increase the money supply by $200. Again, you can assume that banks do not hold excess rese

LuckyWell [14K]

Answer:

The fed needs to purchase bonds worth $20 from the banks to increase money supply by $200.

Explanation:

The Federal Reserve wants to increase the money supply by $200.

The reserve requirement is 10%.

The fed can increase the money supply by purchasing bonds from commercial banks.

The money supply will increase by money multiplier times worth of bonds.

Increase in money supply = $\frac{1}{RR}\ \times\ Worth\ of\ bonds\ purchased$

$200 = $\frac{1}{0.1}\ \times\ Worth\ of\ bonds$

Worth of bonds = $\frac{200}{10}$

Worth of bonds = $20

So the fed needs to purchase bonds worth $20 from the banks to increase money supply by $200.

7 0

3 years ago

Markson Company had the following results of operations for the past year: Sales (8,000 units at $20) $ 160,000 Variable manufac

AveGali [126]

Answer:

Increase in profit $ 1900

Explanation:

<em>To determine the additional profit from the special order, we would consider only the costs and revenue relevant to the special order decision:</em>

Unit relevant cost = Total variable cost/Units produced

Total variable costs = 86,000 + 12,000 =$98000

Unit relevant cost = 98,000/8,000 = $12.25

<em>Note that fixed costs are irrelevant, whether or not the special order is accepted the fixed manufacturing and administrative expenses would be incurred</em>. <em>Hence, they are excluded from the computation.</em>

$

Revenue from the special order ( $14× 2,000) = 28,000

Relevant costs of special order ( $12.25 × 2,000) (24,500)

Cost of special tools <u> (1,600)</u>

Increase in profit <u> 1900 </u>

4 0

2 years ago