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storchak [24]
3 years ago
11

Suppose that germany decides to become self-sufficient in bananas and even to export them. in order to accomplish this, large ta

x incentives are granted to companies that will invest in banana production. soon, the german industry is competitive and able to sell bananas at the lowest price anywhere. does germany have a comparative advantage? why, or why not? what are the consequences for the overall economy?
Business
1 answer:
Vinvika [58]3 years ago
8 0

Germany does not have a comparative advantage, which is the ability to do something better or more efficiently that someone else. Even though they are producing bananas, the industry is artificially supported by the tax incentives and not because Germany is an amazing banana-growing location.

The consequences for the economy are lost opportunity costs that could be producing things where they <em>do </em>have a comparative advantage (cars, for example). Another consequence is that the tax money could be better spent on other things.

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Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $316,547; costs = $219,406; other
o-na [289]

Answer:

Net working capital addition was for 8,108 dollars

Explanation:

To solve for NWC we start form the accounting equation and then, we expand it to get the NWC expression:

Assets = Liabilies + Equity

we expend the formula

current assets + fixed assets = current liabliies + non-currnet liab + stock + RE

NWC = net working capital

being: current assets - current liabilities

(current assets - current liabilities) =  non-currnet liab + stock + RE - fixed assets

NWC = -3,283 + 5,629 + RE - 24,154

We need to solve fotr the change in Retained Earnings:

which is net income - dividends:

sales                                316,547

costs                              (219,406)

other expenses                 (8,481)

depreciation expense    (18,633)

interest expense             (14,216)

taxes                                 (15,217)

                 net income      40,594

                dividends         (10,678)

          change in RE           29,916

NWC = -3,283 + 5,629 + 29,916 - 24,154

NWC = 8,108

8 0
3 years ago
The financing section of a cash budget is needed if there is a cash deficiency or if the ending cash balance is less than Entry
WITCHER [35]

Answer:

A. Management's minimum required balance.

Explanation:

The minimum balance is the minimum dollar sum that a client must have in an account to get some service benefit, for example, keeping the account open or getting premium.

4 0
3 years ago
Earl holds 1,000 pounds of perishable fruit in storage for fresh food corporation. fresh food does not pay for the storage. earl
Sergeeva-Olga [200]
This sale represent A MITIGATION OF DAMAGE.
The principle of the mitigation of damage states that a person who has suffered an injury or loss should take reasonable action where possible to avoid additional injury. The failure to take reasonable action to prevent further loss may result in reduction in the amount that the person can recover if the case is taken to court.
8 0
3 years ago
Working regular hours is a drawback of being a wage earner ..... true or false
Molodets [167]
Yes it is true because those who work their hours or even want more hours are those who are a wage earner. You’ve earned it since you’ve been doing your job like a responsible person and that’s what the company likes
8 0
3 years ago
Read 2 more answers
This member of the construction crew stands above all the crew chiefs and answers only to the director, the designers, and the b
olga55 [171]

Answer:

4. Technical Director

Explanation:

Based on the specifications of the role being mentioned it seems that this is referring to the Technical Director role. Like mentioned in the question this role is the senior technical person in a job site and answers only to the director. Their responsibilities are varied as they organize, coordinate, engineer, and schedule any and all elements regarding technical production.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
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