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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 your own words what is demand

Step2247 [10]

Answer:

telling somone to a specifc thing. it can be good or bad

Explanation:

7 0

2 years ago

Pina Colada Corp. had beginning inventory of $16500 at March 1, 2017. During the month, the company made purchases of $71500. Th

patriot [66]

Answer:

The cost of goods sold is $68970

Explanation:

The cost of goods sold is the cost of inventory that a company sells in a partcular period.

The cost of goods sold can be calculated as,

Cost of Goods sold = Opening inventory + Purchases - Closing Inventory

Cost of Goods Sold = 16500 + 71500 - 19030 = $68970

4 0

2 years ago

An investment has an expected return of 11 percent per year with a standard deviation of 26 percent. Assuming that the returns o

Keith_Richards [23]

Answer:

$P(X$

And we can find this probability using the normal standard distribution table or excel and we got:

$P(Z$

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Solution to the problem

Let X the random variable that represent the expected return, and for this case we know the distribution for X is given by:

$X \sim N(11,26)$

Where $\mu=11$ and $\sigma=26$

We are interested on this probability

$P(X$

And the best way to solve this problem is using the normal standard distribution and the z score given by:

$z=\frac{x-\mu}{\sigma}$

If we apply this formula to our probability we got this:

$P(X$

And we can find this probability using the normal standard distribution table or excel and we got:

$P(Z$

4 0

2 years ago

If a 20 percent increase in the price of red bull energy drinks results in a decrease in the quantity demanded of 25 percent, th

yanalaym [24]

The correct answer is that the price elasticity of demand is elastic.

Price elasticity occurs when a change in price results in a change in demand. In this example, a 20 percent increase in the price of the drinks resulted in a 25 percent decrease in the demand for the product. Because the price increase resulted in a demand decrease the price is elastic.

4 0

3 years ago

The work of your group would be better done in teams if the members of the team are? ________.

marshall27 [118]

Interdependent fits here group members can work well alone, but also come together

5 0

2 years ago

Read 2 more answers