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Nady [450]
3 years ago
12

Country A has great expertise in the production of planes and produces a large quantity of planes while country B has expertise

in the production of automobiles and produces large quantities of cars. When the two countries trade planes for automobiles
a. only country B benefits because through trade they can acquire planes that are more valuable than automobiles.
b. both countries improve allocative efficiency because they can now consume a more desirable combination of goods and services (planes and cars) through trade.
c. both countries improve allocative efficiency because they will both have the same number of cars and automobiles after trade.
Business
1 answer:
Shkiper50 [21]3 years ago
3 0

Answer:

B

Explanation:

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

A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Allocative efficiency occurs in efficient markets when goods, services or capital are distributed in a way that is efficient to all the parties involved.

When countries trade in the goods for which they have a comparative advantage in its production, all the parties in the trade gains

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tino4ka555 [31]

Answer:

-7,759.29 dollar

Explanation:

cost of maintenance and operation

initial cost of $5500 x 20%

= 1100 Dollars

salvage value

initial cost of $5500 x 5%

= $275

pw = -5500-1100(p/a,17%,3) +275(p/f,17%,3)

pw = -5500-(1100*2.21) + (275*0.6244)

pw = -5500-2431+17.71

= -7759.29

so pw, that is present worth of new stations using internal MARR of 17% is -7759.29 dollars

7 0
3 years ago
Carl wants to buy a video game console. He has identified two important attributes to compare: price and game
mafiozo [28]

Answer:

The correct answer is letter "C": The conjunctive rule.

Explanation:

In Marketing, the conjunctive rule states individuals set a minimum standard at the moment of choosing what goods or services to acquire. The option they will eventually choose is at least equal to the minimum cutoff for every standard established. The options forgone are below the individuals' minimum cutoff.

8 0
3 years ago
Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 9 percent. You also
steposvetlana [31]

Answer:

$3.72

Explanation:

in order to determine the price of the stock we use the dividend discount model:

P₀ = Div₁ / (Re - g)

  • P₀ = $90
  • Div₁ = ?
  • Re = 9%
  • g = 9% / 2 = 4.5%

Div₁ = P₀ x (Re - g)

Div₁ = $90 x (9% - 4.5%) = $90 x 4.5% = $4.05

now the current dividend (Div₀) = Div₁ / (1 + Re) = $4.05 / (1 + 9%) = $4.05 / 1.09 = $3.7156 = $3.72

7 0
2 years ago
The auditor begins selecting controls to test by _______. by understanding the entity and the business and determining the risk
Gemiola [76]

Answer:

by understanding the entity and the business and determining the risk of material fraud or error at the financial statement level.

Explanation:

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.

The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.

An internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.

Hence, internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting.

In order to start the selection of controls to test, an auditor has to understand the entity and the business, as well as determine the risk of material fraud or error at the financial statement level.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

A standard unmodified opinion is an opinion where financial statements are presented free of any misinterpretation, in all material respects, in accordance with standards known as Generally Accepted Accounting Principles (GAAP) to provide a high level of assurance.

The standard unmodified opinion comprises of report title, audit report address, introduction paragraph, managements responsibility, auditor's responsibility, opinion paragraph, audit report date and signature and address of certified public accountant firm.

Additionally, an unmodified opinion on financial statements can be defined as an opinion issued by an auditor stating that there are no material misstatements and this simply implies that the, the financial statement represents a true and fair perspective of the accounting information of a business.

6 0
2 years ago
​sheldon goes to the grocery store to buy a few items, and when he gets there he can remember only the last few things that he w
jenyasd209 [6]
The answer is recency effect. The recency effect happens when you only remember the things or events that just happened in a recent time.In this case, Sheldon is showing the recency effect because he only remembered the last part of the list that he was going to buy. If Sheldon had remembered the first part, then he is experiencing the Primary effect, which is the opposite of recency effect
5 0
2 years ago
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