Business, 12.12.2019 23:31 keshan3000
Suppose that a worker in freedonia can produce either 6 units of corn or 2 units of wheat per year, and a worker in sylvania can produce either 2 units of corn or 6 units of wheat per year. each nation has 10 workers. without trade, freedonia produces and consumes 30 units of corn and 10 units of wheat per year. sylvania produces and consumes 10 units of corn and 30 units of wheat. suppose that trade is then initiated between the two countries, and freedonia sends 30 units of corn to sylvania in exchange for 30 units of wheat. freedonia will now be able to consume a maximum of:
a. 30 units of corn and 30 units of wheat.
b. 40 units of corn and 30 units of wheat.
c. 40 units of corn and 20 units of wheat.
d. 10 units of corn and 40 units of wheat.
Answers: 1
Business, 22.06.2019 09:00
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In microeconomics, the point at which supply and demand meet is called the blank price
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Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
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Business, 23.06.2019 02:00
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Answers: 3
Suppose that a worker in freedonia can produce either 6 units of corn or 2 units of wheat per year,...
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