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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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In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances,

Firlakuza [10]

Answer:

The economic incentive was to produce enough to meet the output target, without regard for quality or cost.

Explanation:

As the only condition for the payment to the producers is linked with the output thus there is no constraint for the quality and the sales of the product. This indicated that the producer will get the reward irrespective whether the quality or cost of the product is feasible or not.

8 0

3 years ago

Read 2 more answers

Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality $ 15,200 Quality data

Yuki888 [10]

Answer:

The total appraisal cost that would appear on the quality cost report is $63,300.

Explanation:

Appraisal costs can be described as costs that are incurred by a company in order to detect some of its products that have defects before they delivered to customers.

Examples of appraisal cost include costs incurred to inspect work-in-process materials, costs incurred to inspect finished goods, supplies used to conduct inspections, and among others.

Based on the above explanation, the total appraisal cost that would appear on the quality cost report can be calculated as follows:

Total appraisal cost = Test and inspection of in-process goods + Final product testing and inspection = $19,500 + $43,800 = $63,300

Therefore, the total appraisal cost that would appear on the quality cost report is $63,300.

5 0

3 years ago

Assume that the General Fund paid out in cash, $195,000 related to compensated absences during the year. If the beginning balanc

OlgaM077 [116]

Answer:

B. 185.000

Explanation:

Fisrt. The forecast of the account begins with a balance of 65,000, during the year 195,000 were paid, this means that an expense of 130,000 is recorded, (195,000 - 65,000, since the expense of 65,000 was previously recorded)

Second. If at the end of the year a provision of 55,000 is determined, on the other hand the expense must be recorded for the same amount.

Then 130,000 of expenses plus the forecast of 55,000 = 185,000

5 0

3 years ago

The value of deadweight loss for a perfect price discriminator is _____ an imperfect price discriminator.

ivann1987 [24]

The answer is none, it is because there is no dead weight loss for perfect price discriminator, even if there is no surplus that existed in which is different from the imperfect price discriminator as it does not apply the same as the perfect price discriminator.

8 0

3 years ago

Four grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western Si

borishaifa [10]

Answer and Explanation:

The preparation of Direct material budget is shown below:-

First Second Third Fourth Year

Required production

in units of

Finished Goods $96,000 $126,000 $186,000 $136,000 $544,000

Units of raw material

needed per unit of

Finished Goods 4 4 4 4 4

Units of raw material

needed to meet

production $384,000 $504,000 $744,000 $544,000 $2,176,000

Add: Desired ending

Finished goods $100800 $148,800 $108,800 $84,800 $84,800

Total units of

Raw material

needed $484,800 $652,800 $852,800 $628,800 $2,260,800

Less: Beginning

inventory ($76,800) ($100,800) ($148,800) ($108,800) ($76,800)

Units of raw material

to be purchased $408,000 $552,000 $704,000 $520,000 $2,184,000

Units cost of Raw

Material $1.90 $1.90 $1.90 $1.90 $1.90

Cost of Raw Material

Purchased $775,200 $1,048,800 $1,337,600 $988,000 $4,149,600

8 0

3 years ago