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kap26 [50]
3 years ago
7

uppose that the resource base in Country X can produce either 100 units of alpha or 300 units of beta. Similarly, suppose that C

ountry Y's resource base is capable of producing 100 units of alpha or 200 betas. Clearly, the opportunity cost of 100 alphas is lower in (1) ________ Based on this result, it would be best for Country X to concentrate on good (2) ________
Business
1 answer:
anastassius [24]3 years ago
7 0

Answer:

y

beta

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

Opportunity cost of country X in producing alpha = 300 / 100 = 3 units of beta

Opportunity cost of country Y in producing alpha = 200 /100 = 2 units of beta

Y has a comparative advantage in the production of alpha

Opportunity cost of country X in producing beta = 100/ 300 = 0.3

Opportunity cost of country Y in producing beta = 100/200 = 0.5

X has a comparative advantage in the production of BETA

alpha 3 2

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The federal government passes a law which a company, JuneCorp, feels unjustifiably discriminates against the company and harms i
malfutka [58]

Answer:

A.Equal Protection Laws

Explanation:

a.Equal Protection Laws

this principle guarantees equal rights and privileges to all citizens and entities under US constitution.

Whereas option c and d are concerned with criminal court proceedings and option B is of freedom of religion principle

4 0
3 years ago
Read 2 more answers
from a profit perspective, it makes sense for firms to disperse their productive activities to those countries where they can be
fomenos

The statement is correct. Profitably, it makes sense for firms to shift their productive activities to countries where they can be performed more efficiently.

<h3>What is Profit perspective?</h3>
  • The Profits Perspective is an economic viewpoint that focuses on the financial flows that determine total business profits. It is based on Jerome Levy's profits equation, which he discovered in 1908.
  • It is also linked to the work of Hyman Minsky, a twentieth-century economist. The distinction between the revenue obtained from the sale of an outcome and the costs of all inputs used, as well as any prospect costs, is the financial profit or loss.
  • Economic profit is calculated by subtracting opportunity costs and explicit costs from earnings earned.
  • Economic profit is important because it aids in determining a company's profitability and financial performance.
  • It demonstrates whether a specific business can cover its expenses while also generating revenue for stakeholders.

To learn more about Profit, refer to:

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7 0
1 year ago
Can we talk about the political and economic state of the world right now
JulsSmile [24]

In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.

<h3>What is the current state of the world economy?</h3>

The economy of different nations are said to be growing wile some are expressing some financial crises.

Note that studies has shown that Global growth will rise to about 3.4 percent for 2021.

Therefore, In the political state of the world as at now, a lot of countries are using representative democracy where there seems to economic power tussle between China and America.

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8 0
2 years ago
What are the 4 phases in doing research?describe each phase <br>(for psychology)​
mojhsa [17]

Answer:

•Discovery

• Data

• Analyze

• Ethical

Explanation:

• Discovery . Here, there are observations of events or actions which bring about new knowledge that will be further exposed to new hypothesis.

• Data . Raw data(qualitative- non numerical and quantitative -numerical) are collected in this stage and then processed to become information.

• Analyze . This is a stage where the processed data and information are analyzed. It is where the data are cleaned, inspected, transformed and then modeled with the aim of making meaningful insights, drawing conclusion and then support further decision making.

• Ethical. In this stage, researchers check to determine whether their procedures are ethical or not. This is where the data analysed are checked whether they conform with the correct rule of conduct.

3 0
4 years ago
A political leader suggesting that an economic downturn will be cushioned by nondiscretionary fiscal policy is referring to:____
pishuonlain [190]

Answer:

Option A is the correct approach.

Explanation:

  • This is indeed a connection to compulsory tax and government expense stabilizers which weren't at the discretion including its government. Throughout the event of a recession, expenses are cut, rising discretionary income to something like the extent that the economic depression is pacified.
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The other options offered are also not relevant to the scenario presented. So, the solution above is the right one.

5 0
3 years ago
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