1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
son4ous [18]
2 years ago
12

Brazil can produce 1 unit of sugarcane with 1 unit of labor and 1 iPod with 8 units of labor, and China can produce 1 unit of su

garcane with 2 units of labor and 1 iPod with 4 units of labor. Which of the following is TRUE?
a. Before trade, China's opportunity cost of one unit of sugar cane is two iPods.
b. China has an absolute advantage in sugar cane production.
c. Both parties benefit if they specialize and trade at terms of one unit of sugar cane for two iPods.
d. With trade, Brazil should specialize in sugar cane and China in iPods.
Business
1 answer:
soldier1979 [14.2K]2 years ago
4 0

Answer:

d. With trade, Brazil should specialize in sugar cane and China in iPods.

Explanation:

As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane

On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod

Therefore the option d is correct

You might be interested in
When you are in a conflict that you are not passionate about, it is seen as gracious to sometimes ______. a. Fight for your side
Hunter-Best [27]

Answer:

B) Step aside and let the other person prevail

Explanation:

I took it on Edgenuity

7 0
3 years ago
Sparks Fireworks manufactures and sells fireworks. Their raw materials used is $71,500. Their beginning raw materials inventory
algol13

Answer:

The correct answer would be, $70500

Explanation:

Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:

Beginning Raw Material Inventory: $5000

Raw Material Used:                $71500

Ending Raw Material Inventory:    $6000

Raw Material Inventory Turnover:

Beginning Inventory + Raw Material Used - Ending Raw Material

= 5000+71500-6000= $70500

7 0
3 years ago
How do I quit my job as cashier already wrote resignation letter
Fudgin [204]
Dont walk up to ur boss n dont say nun n jus walk out dat mf yo
4 0
2 years ago
Read 2 more answers
An income tax is progressive if the
UkoKoshka [18]

Answer:

Option C- An income tax is progressive if the percentage of income paid as taxes increases as income increases.

Explanation:

Majorly, there are three types of Tax systems; these are:  Progressive, regressive and proportional.

A tax in which the tax rate increases as the taxable amount increases is known as a progressive tax.

The term "progressive" refers to the way the tax rate progresses from low to high, such that a taxpayer's average tax rate is less than the person's marginal tax rate.

Also,a progressive tax is  applicable to individual taxes or to a tax system as a whole; a year, multi-year, or lifetime. It is imposed with the aim of reducing the tax incidence of people with a lower ability to pay, as such taxes shift the incidence increasingly to those with a higher ability-to-pay.

Thus, an income tax is progressive if the percentage of income paid as taxes increases as income increases.

6 0
3 years ago
Explain why we can say that maximizing firm value is equal to maximizing stockholders’ equity.
Pachacha [2.7K]

Answer:

Because stakeholders are a part of the company

Explanation:

Stakeholders and stockholders are the people who are considered as a major part of any organisation. Shareholders, managers, owners and employees are the stakeholder. Increase in the firm’s value indirectly benefits the shareholders because it also improves their value and it also maximises their shareholder equity. Increase in the firm’s value means an increase in the share price and equity.

4 0
3 years ago
Other questions:
  • An economy produces apples (in kilos) and computers (in units). The quantities of apples in years 2008, 2009 and 2010 are 500, 5
    9·1 answer
  • A firm operated at 80% of capacity for the past year, during which fixed costs were $330,000, variable costs were 70% of sales,
    10·1 answer
  • Several years ago, Castles in the Sand Inc. issued bonds at face value of $1,000 at a yield to maturity of 6.2%. Now, with 6 yea
    8·1 answer
  • Consider an economy with two sectors: manufacturing and services. Demand for labor in manufacturing and services are described b
    10·1 answer
  • During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 48,000 mini refrigerators, of whi
    12·1 answer
  • Assume that you finance a new car when you graduate. It will cost $120,000 and you will finance it with a 84 month contract havi
    11·1 answer
  • Micro Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The current year's income state
    8·1 answer
  • Define mortgage economics.​
    11·1 answer
  • India now has pockets of strengths in key high-technology industries such as software and pharmaceuticals. Why do you think Indi
    13·1 answer
  • ______ is a tool that reminds managers to look at several distinct categories in the macro environment.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!