Business, 14.11.2019 04:31 jackphilander2285
Initially, suppose contente uses 1 million hours of labor per week to produce corn and 3 million hours per week to produce jeans, while felicidad uses 3 million hours of labor per week to produce com and 1 million hours per week to produce jeans. consequently, felicidad produces 15 million bushels of con and 20 million pairs of jeans, and contente produces 8 million bushels of corn and 48 million pairs of jeans. assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of corn and jeans it produces. felicidad's opportunity cost of producing 1 bushel of corn is of jeans, and contente's opportunity cost of producing 1 bushel of corn is of jeans. therefore, advantage in the production of jeans. has a comparative advantage in the production of corn, and has a comparative suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces corn will produce million bushels per week, and the country that produces jeans will produce million pairs per week
Answers: 2
Business, 21.06.2019 22:20
Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?
Answers: 2
Business, 23.06.2019 00:00
The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:
Answers: 2
Business, 23.06.2019 08:30
In the supply-and-demand schedule shown above, the equilibrium price for cell phones is $25 $100 $200
Answers: 2
Initially, suppose contente uses 1 million hours of labor per week to produce corn and 3 million hou...
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