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ra1l [238]
2 years ago
10

If labor productivities were exactly proportional to wage levels internationally, this would A) not negate the logical basis for

trade in the Ricardian model. B) render the Ricardian model theoretically correct but practically useless. C) negate the logical basis for trade in the Ricardian model. D) negate the applicability of the Ricardian model if the number of products were greater than the number of trading partners. E) demonstrate the validity of the Ricardian model.
Business
1 answer:
Irina18 [472]2 years ago
3 0

Answer:

A)not negate the logical basis for trade in the Ricardian model.

Explanation:

Trade can be regarded as basic economic concept which involves the buying as well as selling of goods and services, having a compensation that is been paid by a buyer to a seller.

The Ricardian model can be regarded as model that incorporates the standard assumptions of a perfect competition. This model in it's simplest form give assumption of two countries that are producing two goods, but uses one factor of production, the goods here are usually assumed to be identical, or to be homogeneous, within as well as across countries. It should be noted that when there is higher wage, there will be greater number of workers that are willing to work and vice versa, which defined the relationship between wages and productivity. productivity gives the

measurement of how efficiently labor

is been utilized when producing goods and services.

It should be noted that If labor productivities were exactly proportional to wage levels internationally, this would not negate the logical basis for trade in the Ricardian model.

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Kathy reviews her division's new marketing plan. Beyond evaluating the plan in terms of its ability to create value for the inte
Nadusha1986 [10]

Answer:

The correct answer is "Is consistent with the company's mission statement".

Explanation:

A company's mission is the reason why a company exists and is created. It states the reason for its existence, as well as indicating the activity that the company carries out. The marketing plan is strongly linked to the company's mission, to be in line with the guidelines that the company has for its workers.

Have a nice day!

4 0
3 years ago
A stock is expected to maintain a constant dividend growth rate of 4.3 percent indefinitely. if the stock has a dividend yield o
Thepotemich [5.8K]

The required return on the stock is 9.9%.

Stock:

  • A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares" which entitles the owner to a proportion of the corporation's assets and profits equal to how much stock they own.
  • Stocks represent ownership in a publicly traded company. You take a stake in a firm when you purchase its shares. For example, if a company has 100,000 shares, and you buy 1,000 of them, you own 1% of the company.
  • Stocks are not actual assets; they are financial assets. Paper assets that are easily convertible to cash are referred to as financial assets. Real assets have inherent worth because they are tangible.
  • The required return on the stock=dividend yield + Growth rate
  • which is equal to' =(4.3+5.6)
  • =9.9%

Learn more about Stock here brainly.com/question/1193187

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7 0
1 year ago
If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.
kozerog [31]

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

4 0
3 years ago
A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The ann
Komok [63]

Answer: $21,880

Explanation:

First find the after tax operating income:

= (Revenues - variable costs - fixed costs - depreciation ) * ( 1 - tax rate)

= (120,000 - 72,000 - 20,000 - 10,00) * ( 1 - 34%)

= $11,880

Then add back depreciation because it is a non-cash expense:

Operating cashflow = 11,880 + 10,000

= $21,880

7 0
3 years ago
Shelly just completed her Master’s in Business Administration. She was at the top of her class. Shelly was offered a job in lots
aalyn [17]

Answer:

Yes. We can agree on the statement that suggests Shelly is a victim of discrimination. Especially, gender discrimination.

Explanation:

Gender discrimination means treating differently and biased based on the gender of a person. in this case, we can see that it has happened because Shelly is a girl.

The job role of secretary has traditionally been stereotyped as a role for "Women" and most of the managerial positions are traditionally perceived to be "male dominant" and not for females.

In this scenario, although Shelly is more than qualified to become the sales manager of this organization, she is not given that position and is given a lesser position that doesn't require much skills.

Looking at it from a logical perspective, we can say that this is mainly due to Shelly being a woman and the administration of this organization thinks that a woman should be a secretary of a manager rather than becoming the  manager.

5 0
3 years ago
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