Acompany bought a piece of land. it can use this resource to build a factory or to plant crops. the company can also hold onto the land and try to resell it later for more money. the company decides to build a factory on the land. any value given up from not choosing the other options is the trade-off opportunity cost consequence

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4

Describe what fixed costs and marginal costs mean to a company.