Assume both italy and greece produce only two good wine and olive oil haly holds a comparative advantage in the production of wine, then which of the following statements is not true?
a. italy must hold an absolute advantage in the production of wine
b. greece holds a comparative advantage in the production of olive oil
c. italy's opportunity cost of producing one additional wit of wine is lower than greece's.
d. greece's opportunity cost of producing one additional wel of olive oil is lower than italy's.
e. if trade is open between them, the countries have an incentive to trade

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

Describe the three different ways the argument section of a cover letter can be formatted