Answer:
C. is ubiquitous, or omnipresent ----- all countries have it.
Explanation:
External loan -
It refers to some specific amount from the country's total debt , which comes from the foreign lenders , like international financial institutions , government and the commercial banks , is referred to as the external loan .
The loans need to be paid along with the interest rate .
The loan need to be paid on the very same currency by which the loan was taken .
Hence , from the given question ,
The correct answer is c.
The opportunity cost of 1x is 29y.
<h3>What is the opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives.
It can be seen that the economy can produce a maximum of 30 units of either product x or y. If 1 of x is being produced, the opportunity cost is 29 (30 - 1)y.
To learn more about opportunity cost, please check: brainly.com/question/26315727
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The complete question is:
Some time ago, the nation of Republica opened up its paper market to international trade. Which of the following results of this policy change is consistent with the notion that Republica has a comparative advantage over other countries in producing paper?
a. The price of paper in Republica decreased as a result of the policy change.
b.Republica began exporting paper as a result of the policy change.
c.The domestic demand curve for paper shifted to the right as a result of the policy change.
d.The domestic quantity of paper demanded increased as a result of the policy change
Answer:
b.Republica began exporting paper as a result of the policy change.
Explanation:
When a country has comparative advantage in producing a product, they can produce the product at a lower cost compared to other nations. So they tend to leverage their comparative advantage by exporting to nations that do not have comparative advantage in that good.
If after Republica opens up its paper market to international trade, it starts to export paper. This indicates Republica has comparative advantage in producing paper.
Answer:
Total equivalent units= 17,250 units
Explanation:
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent units = Degree of completion× units of inventory
Item units Equivalent unit
Completed 15,000 100%× 15,000 = 15,000
Closing inventory 3,000 75%× 3,000 = <u>2,250
</u>
Total equivalent units <u> 17,250</u>
Total equivalent units= 17,250 units
