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Readme [11.4K]
3 years ago
12

A market basket: ___________

Business
1 answer:
ZanzabumX [31]3 years ago
6 0

Answer:

D

Explanation:

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If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then: ________
Sav [38]

Answer:

b. there are no gains from specialization and trade between the two countries.

Explanation:

If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.

Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.

However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2

Opportunity cost for Country 1 : 1 Apple = 1 Orange

Opportunity cost for Country 2 : 1 Apple = 1 Orange

Then countries will gain no additional benefit from specializing in one good.

7 0
3 years ago
You have $14,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with
larisa86 [58]

Answer:

Investment in stock x = $7816.67

Investment in stock y = $6183.33

Explanation:

The computation of invest in Stock X and Stock Y is shown below:-

Let the weight be x

x × 14% + (1 - x) ×8%

= 11.35%

0.14x + 0.08 - 0.08x

= 0.1135

0.14x - 0.08x

= 0.1135 - 0.08

0.06x = 0.335

x = 0.335 ÷ 0.06

x = 55.83%

Investment in stock x = x × Stock portfolio

= 55.83% × $14,000

= $7816.67

Investment in stock y = 1 - 0.5583 × $14,000

= $6183.33

4 0
4 years ago
Calculate the cost of goods manufactured using the following information: Direct materials used $ 298,700 Direct labor used 132,
Citrus2011 [14]

Answer:$687,700

Explanation:

                                      $

Direct Materials      298,700

Add: Direct Labour  132,200

                                 --------------

Prime Cost                                    430,900

Factory Overhead      264,200

Add: Opening WIP      118,700

Less: Closing WIP       126,100

                                    --------------

                                                         256,800

                                                        --------------

Cost of Good Manufacture              687,700

                                                         ----------------

   

8 0
3 years ago
For safety's sake industrial screwdriver blades are made of
Bad White [126]
They are made out of industrial screwdriver blades and they have screws in them that help them seal up things that are broken 
5 0
3 years ago
Read 2 more answers
What loan repayment plan is based on annual income?
Alisiya [41]

Answer:

contingent repayment plan

Explanation:

Are there othr options?

It is based on the borrower's income and the total amount of debt. Monthly payments are adjusted each year as the borrower's income changes

4 0
3 years ago
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