Business, 24.01.2020 21:31 kobiemajak
If country abc can produce a unit of good 1 by sacrificing fewer units of good 2 than can country xyz, it is correct to say that country abc a. has an absolute advantage in producing good 1. b. will not wish to trade good 1 with country xyz. c. will import good 1. d. has a comparative advantage in producing good 1.
Answers: 1
Business, 21.06.2019 19:20
Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate
Answers: 2
Business, 22.06.2019 11:10
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumerâs preferences are given by u(x,y) = x3/4y1/4, compute the consumerâs marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
Business, 22.06.2019 13:00
Explain the relationship between consumers and producers in economic growth and activity
Answers: 1
If country abc can produce a unit of good 1 by sacrificing fewer units of good 2 than can country xy...
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