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german
3 years ago
15

If Colombia spends 2 hours producing coffee and 6 hours producing oranges, and Cuba spends 3 hours producing coffee and 1 hour p

roducing oranges, which of the following are true?
Select the correct answer below:_________.
A. Colombia has an absolute advantage producing oranges, and Cuba has an absolute advantage producing coffee.
B. Colombia does not have an absolute advantage producing any goods, but Cuba has an absolute advantage producing oranges.
C. Colombia has an absolute advantage producing coffee, and Cuba has an absolute advantage producing oranges.
D. Colombia has an absolute advantage producing coffee, but Cuba does not have an absolute advantage producing any good.
Business
1 answer:
zimovet [89]3 years ago
8 0

Answer: C. Colombia has an absolute advantage producing coffee, and Cuba has an absolute advantage producing oranges

Explanation:

From the question, we are informed that Colombia spends 2 hours producing coffee and 6 hours producing oranges, and Cuba spends 3 hours producing coffee and 1 hour producing oranges.

Since Columbia spends a lesser time producing coffee and Cuba spends a lesser time producing oranges, it means that Colombia has an absolute advantage producing coffee, and Cuba has an absolute advantage producing oranges.

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If you put $2,620 in a savings account and make no further deposits, what type of calculation would provide you with the value o
riadik2000 [5.3K]

Answer:

future value of a lump sum:

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Explanation:

when there is only a single deposits the formula will be the compounding interest future value of a lump sum

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3 years ago
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold
MissTica

Answer:

Option E: $40,000 - Cash from sale of Machine

Explanation:

Cash flow from Investing activities section of the cash flow statement should include cash received on the sale of property, plant & equipment, cash paid to acquire property, plant & equipment, cash paid for investments in or as loans to other companies and dividends received from any investments.

In case of sale of a Machine, $40,000 received on sale should be reported as source of cash in the cash flows from investing activities section.

3 0
3 years ago
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Answer:

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Explanation:

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8 0
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