Answer:
The correct answer is option A
a. Raise real GDP per person and productivity in Lawrencia
Explanation:
GDP per capita shows the GDP per person in a country and is calculated as GDP/population.
A high GDP per capita shows the progress and productivity of the country. Therefore for a long lasting effect in Lawrencia, the GDP per person will increase progressively as well as productivity.
Answer:
a.Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.
Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .
The opportunity cost of georgeland in producing clothes = 36 / 18=2
The opportunity cost of georgeland producing food = 18 / 36 = 0.5
For Alland,
the opportunity cost of producing clothes = 32 / 16= 2
the opportunity cost of producing food = 16 / 32 = 0.5
Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.
I hope my answer helps you
Answer:
The correct answer is (B) Price.
Explanation:
The price is a marketing variable that comes to synthesize, in a large number of cases, the commercial policy of the company. On the one hand, we have the needs of the market, set in a product, with certain attributes; on the other, we have the production process, with the consequent costs and profitability objectives set. That is why the company must be in charge, in principle, of setting the price it deems most appropriate.
For the potential customer, the value of the product is expressed in objective and subjective terms, since it has a very particular scale when computing the different attributes of which it is composed, hence the denomination of expensive or cheap it gives them. However, for the company the price is a very important element in its marketing mix strategy, along with the product, distribution and promotion.
Answer:
A. A claim by the employee will probably be based on promissory estoppel
Explanation:
Promissory estoppel doctrine refers to trying to enforce a promise. In other words, a person that makes a promise is responsible for performing it as long as:
- the promissor made a promise and the promisee acted because of it
- the promisee relied on the promise
- the promisee suffers a loss due to the unfulfilled promise
Answer:
(a) Issued $50,000 par value common stock for cash = Financing Activities
b) Purchased a machine for $30,000, giving a long-term note in exchange. Financing Activities = Non-cash Investing and Financing Activity
(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 = Non-cash Investing and Financing Activities
(d) Declared and paid a cash dividend of $18,000 = Financing Activities
(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash = Investing Activities
(f) Collected $16,000 from sale of goods = Operating Activities
Explanation:
The Cash flows related to raising of capital is known as Cash flow from Financing Activities.
The Cash flows related to growing and selling of Assets of the business is known as Cash flow from Investing Activities.
The Cash flow related to trade in Ordinary course business of the Company is known as Cash flow from Operating Activities.
