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Brums [2.3K]
3 years ago
9

Assume that Germany and China can produce beer and cloth. If the MPLc/MPLb for Germany is 2/5 and the MPLc/MPLb for China is 1,

then Germany should: _______
Business
1 answer:
elena55 [62]3 years ago
6 0

Answer: c. specialize in producing beer and export beer.

Explanation:

As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.

Opportunity cost of producing beer for Germany = MPLc/MPLb = 2/5

Opportunity cost of producing beer for China = MPLc/MPLb = 1

Germany has a lower cost of producing beer so they should specialize in this and export it.

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How many quarters are required to complete the Marketplace Live marketing simulation?
Alex17521 [72]

Answer:

6

Explanation:

Marketplace simulations are designed for university business courses and for executive programs. It is developed by Innovative Learning Solutions Inc. The simulation enables students to experiment business strategies, test run their business ideas and get the consequences of their actions. This is gotten in a virtual business environment.

8 0
3 years ago
Bonds, compared to stocks, have which of the following characteristics?
Inessa05 [86]
The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date<span> refers to the final payment </span>date<span> of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.</span>
3 0
3 years ago
Read 2 more answers
You and I work on a joint project, and it succeeds. In describing our relative contributions to the project, you assume that you
Inessa05 [86]

Answer:

D, Self-serving bias

Explanation:

Self-servin bias is a process of perception that is defined as a tendency to see oneself in a highly favourable manner thereby maintaining and enhancing self esteem.

Simply put, self-serving bias is a condition in which one sees himself as more than he is to ensure that his self esteem stays intact and increases.

Cheers

4 0
3 years ago
which 2 statements regarding intuit approved quickbooks online apps are true? Select all that apply 1. It is recommended that th
Furkat [3]

Answer:

1. It is recommended that the master administrator of the quick-books company complete the setup.

3. You can connect an existing quick-books payments, Go payment or intuit merchant services account.

Explanation:

Quickbook is an accounting software which help in recording and processing a financial transaction. This software is best suited for small to medium sized organisations. Master administrator has all the access rights of a company administrator. Master administrator is the one who initially creates the quick book company file and he is then assigned as Master administrator.

5 0
3 years ago
1. Mrs. Ryan plants 3 flowers along 4 inches of a garden row. The garden row is 3 feet long.
finlep [7]

Question 1. if 3 flowers = 4 inches, and she has a 3 foot long row to plant flowers, then we need to see how many inches the row is.

1 foot = 12 inches

12 inches x 3 = 36 inches, or 3 feet.

Now we need to divide.

36 divided by 4 = 9.

So now we know that Mrs. Ryan can plant x amount of flowers 9 times. This makes the answer easier to find.

To find the answer, we need to simply multiply 3 and 9.

3 x 9 = 27.

<em>Your answer would be Mrs. Ryan planted 27 flowers.</em>

Question 2. this is simple. Just multiply 5 and 3.

5 x 3 = 15.

<em>Your answer would be Mrs. murphy bought 15 feet of fabric.</em>

Question 3. This is simple...Just multiply 4.3 x 100, or move the decimal over to the right twice and put a 0 where theres an empty space.

4.3 x 100 = 430

<em>Your answer is the line is 430 centimeters wide.</em>

Question 4. This is simple, just multiply 2.9 x 100 or move the decimal over to the right twice and put a 0 where there's an empty space.

2.9 x 100 = 290

<em>Your answer is The book is 290 milliliters wide.</em>

Question 5. This is also very simple. This time we add a decimal twice to the left. Put the decimal next to the 0 in 210.

210.

21.0

2.10

<em>Your answer would be the bookshelf is 2.1 meters tall.</em>

Question 6. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

<em>Your answer would be c, 33.02 cm.</em>

Question 7. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

<em>Your answer would be c, 33.02 cm.</em>

6 0
3 years ago
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