Answer: 4 times
Explanation:
GDP per capita is a way of measuring the wealth Distribution in a country. It is calculated by dividing the Gross Domestic Product by the population of the country. The aim usually is to see if the Country's economy is big enough considering the amount of people it has.
Country C has a GDP per capita of,
= 10,000/500
= $20
Country D has a GDP per capita of,
= 10,000/2,000
= $5
= 20/5
= 4
Country C has a GDP per capita that is 4 times that of C.
Answer: All of these are correct
Explanation:
South Korea
Opportunity cost of Computer chips = 50/100 = 0.2 bed linens
Opportunity cost of bed linens = 100/50 = 2 computer chips
USA
Opportunity cost of Computer chips = 100/150 = 0.67 bed linens
Opportunity cost of bed linens = 150/100 = 1.5 computer chips
Country with Comparative advantage in the production of a good is one that incurs the lower opportunity cost.
Country with Absolute advantage is county that produces the most quantity of a good or service.
Therefore;
<em>US has Absolute advantage in both Computer chips and Bed linens. </em>
<em>South Korea has comparative advantage in Computer chips. </em>
<em>US has comparative advantage in bed linen manufacturing. </em>
Answer:
Event Dimension BP stock prices falling 25% during the first month after the oil spill. <u>ECONOMIC. </u>
The Economic dimension of the environment deals with production in the economy which means that it deals with business entities and the financial system. Dimension BP stock price falling therefore falls under her.
Using deep-se submersibles to take pictures of the oil leak a mile below the surface of the water. <u>TECHNOLOGICAL. </u>
The Technological dimension of the environment refers to anything related to the use of technology and using deep-sea submersibles to take pictures of the leak below the surface of the water will definitely fall under technology.
People moving from Louisiana to Oklahoma to avoid the effects of the spill. <u>SOCIOCULTURAL. </u>
Sociocultural dimension deals with human beings and how they relate with themselves and the environment around them. People therefore moving from Louisiana to Oklahoma will fall under here.
Answer:
C) lack of venture capital for innovative products.
Explanation:
Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.
Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.
Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.
Answer:
Retained earnings......................Dr $22,000
Dividend expense $22,000
Explanation:
There are two accounts, temporary and permanent accounts. Temporary accounts such as dividends and revenue need to be closed and charged against permanent accounts at the end of reporting period. This is done to estimate the total earnings of the firm during the period.
Dividends are charged to permanent account, retained earnings. Following is the closing entry:
Particulars Debit Credit
Retained earnings $22,000
Dividend expense $22,000
(Dividends expenses closed
by charging to retained earnings)
