1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Thepotemich [5.8K]
3 years ago
9

By comparing opportunity costs and gains from trade for two parties each making the same two goods, one can determine the exact

exchange ratio at which the parties should agree to trade.A. TrueB. False
Business
1 answer:
oksian1 [2.3K]3 years ago
3 0

Answer:

False

Explanation:

Opportunity cost is entirely a different process which helps to determine the cost someone is willing to bear. By comparing opportunity cost gains from the trade it is not possible to get the exact exchange ratio because opportunity cost just measures the range of options someone can take. Those options can lead to benefit for both the parties.

You might be interested in
Roseanna asked Henry, one of her team members, to purposefully think of and voice criticisms as the group discussed a popular id
enot [183]

Answer:

Devil's advocacy.

Explanation:

Devil's advocacy is defined as a person who pretends in a discussion. He/she pretends to be against an idea or plan many people support so as to make people discuss it in more detail. Here Rosana uses devil's advocacy on Henry by telling him to criticize the group's discussion.

8 0
3 years ago
Mateo gets an email from an address he doesn't recognize asking him to send money. It is a young student who is stranded oversea
Soloha48 [4]
No, most likely it’s a scam. People like to scam people to get money now a days. It’s just a way for “easy” money for people who are desperate!
7 0
3 years ago
Read 2 more answers
Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires
Nitella [24]

Answer and Explanation:

The journal entries are shown below:

1. On Sep 30

Cash    $15750

   To Sales   $15,000

   To Sales taxes payable ($15000 ×5%)  $750

(Being the cash receipts is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities

2   On Sep 30

Cost of goods sold   $12,000

              To Merchandise inventory $12,000

(Being the cost of goods sold is recorded)

For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets

3  On Oct 15

Sales taxes payable $750

      To Cash $750

(Being cash paid is recorded)

For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets

5 0
3 years ago
The _____ is a strategic management framework that proposes that critical resources and capabilities frequently are embedded in
GenaCL600 [577]
<span>The relational view of competitive advantage is a strategic management framework that proposes that critical resources and capabilities frequently are embedded in strategic alliances that span firm boundaries. The strategic management framework has an enhanced capacity with a much broad focus of the yearly budget process and a strengthened key management.</span>
5 0
3 years ago
you want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in
Solnce55 [7]
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
6 0
3 years ago
Other questions:
  • A Chinese toy manufacturer has received criticism by people in the surrounding community who have complained about the pollution
    12·1 answer
  • __________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl
    15·1 answer
  • Which is a tool used by the federal reserve in the conduct of monetary policy?
    7·1 answer
  • Which of the following is an important principle for effectively interacting with the audience during presentations? Multiple Ch
    12·1 answer
  • Raymond scores high on practical intelligence and has extensive knowledge and experience in leading a pharmaceutical research te
    15·2 answers
  • Who ultimately pays for tariffs, consumers or producers?
    6·2 answers
  • On January 1, Year 1, a contractor began work on a $3.2 million construction contract that is expected to be completed in 3 year
    11·1 answer
  • If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of th
    10·1 answer
  • Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account.
    9·1 answer
  • Company ABC acquires company XYZ on 12/31/2016 in a share-for-share transaction worth $10 million. On 12/31/2016, XYZ financial
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!