Answer:
Bellisima's opportunity cost:
-
Production of corn per million hours of labor = 12 / 24 = 0.5 pairs of jeans of corn
- Production of jeans per million hours of labor = 24 / 12 = 2 bushels of corn
Felicidad's opportunity cost:
- Production of corn per million hours of labor = 8 / 32 = 0.25 pairs of jeans of corn
- Production of jeans per million hours of labor = 32 / 8 = 4 bushels of corn
Felicidad has a comparative advantage int he production of corn while Bellisima has a comparative advantage in the production of jeans.
If both countries specialize:
- Felicidad will produce 128 million bushels of corn.
- Bellisima will produce 48 million pairs of jeans.
Total production of corn has increased by 24 million bushels.
Total production of jeans has increased by 12 million pairs.
Assuming that Bellisima trades 26 million pairs of jeans and Felicidad exchanges 78 million bushels of corn, then:
- Felicidad's consumption of jeans will increase by 2 million pairs, while their consumption of corn will increase by 50 million bushels.
- Bellisima's consumption of jeans will increase by 10 million pairs, while their consumption of corn will increase by 6 million bushels.
Answer:
Grower Mart
Explanation:
("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin. This means that the buyer incur any risk and takes delivery of the goods once the seller ships the goods. The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.
When the term "F.O.B. Hilltop Farms" it means it is from the point of origin
Answer:
(A) Klatt should not acquire the shares until he has contacted Westtown's management and encouraged them to publicly announce the merger discussion. Kind might do fraud because he want Klatt to but 10000 for Kind's personal account.
It's C. I just took it and it definitely is C
Answer and Explanation:
By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.
While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.
