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Monica [59]
3 years ago
10

Italy and India are countries that trade with each other. If Italy has a comparative advantage in cell phones and India has a co

mparative advantage in hats​, which of the following is a correct statement about the effects of trade between these​ nations?
A. Italy will lose jobs in the cell phone industry.
B. Both countries are likely to be better​ off, and world production will increase.
C. There will be a net loss of employment in India.
D. Both countries will lose jobs through trade and be worse off.
Business
1 answer:
nydimaria [60]3 years ago
4 0

Answer: Option B

Explanation: It would be better for both the countries to trade with each other. India will save its opportunity cost of producing cell phones and Italy will save it on production of hats. Also the employment will increase in both countries in the relative sector in which they have competitive advantage over the other.

Thus, from the above we can conclude that the correct option is B.

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What is the Urban Dictionary definition of Makenzie
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4 years ago
what percentage of the total variation in candy bar sales is explained by prices? a. 88.54% b. 48.19% c. 78.39% d. 100%
MaRussiya [10]

Answer:

The correct option is c. 78.39%.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.

The explanation to the answer is now given as follows:

In regression model, R-squared (R^2) is the statistical measure that shows the percentage of the total variation a dependent variable that is explained by an independent variable(s).

From the question, the candy bar sales is the dependent variable while the Price is the independent variable.

Therefore, the R^2 is calculated using the RSQ function in the Microsoft excel.

Note: See the attached excel file for the calculation of the R^2 using the RSQ function.

For the data in the excel, the R^2 is calculated by simply typing =RSQ(C3:C8,B3:B8) anywhere in the attached excel file. This gives 0.7839. Converting this to a percentage gives 78.39%.

Therefore, percentage of the total variation in candy bar sales explained by prices is 78.39%. The correct option is c. 78.39%.

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
3 years ago
Interviews in which the interviewer adapts his or her line of questioning based on the answers you give and any questions you as
Snezhnost [94]

Answer:

C. open-ended.

Explanation:

  • Open-ended interviewing is a way of gathering information from people. An interviewer will ask participants questions, and who will answer those questions.
  • Interviews are considered open-ended because, although questions can be scripted, interviewers generally do not know the content of the response. These interviews may have some questions for participants to gather basic factual data, such as age and gender, but they usually focus on participants' thoughts, feelings, experiences, knowledge, skills, thoughts and preferences.

so correct option is C. open-ended.  

8 0
3 years ago
Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month: Direct materials $8,000 Direc
alexgriva [62]

Answer:

See below

Explanation:

1. Classify each of the products as period or product cost .

Direct materials - Product cost

Direct labor - Product cost

Manufacturing overhead - Product cost

Selling expense - Period cost

2. The total product cost for last month is calculated as;

= Direct materials + Direct labor + Manufacturing overhead

= $8,000 + $3,100 + $2,500

= $13,600

Therefore, total product cost for last month is $13,600

4 0
3 years ago
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