Business, 06.02.2020 01:41 jeny89

In the 1950s, the economist bela balassa compared 28 manufacturing industries in the united states and britain. in every one of the 28 industries, balassa found that the united states had an absolute in these circumstances, would there have been any gain to the united states from importing any of these products from britain? explain. a. since the united states had an absolute advantage in all 28 industries, it also had a comparative advantage in each industry and would not have gained anything from importing any of these products from britain. b. even with an absolute advantage, the united states would have benefited from importing those products for which britain had the same opportunity cost. c. since the united states had an absolute advantage in all 28 industries, it had more bargaining power and would have gained from importing all of these products from britain. d. even with an absolute advantage, the united states would have benefited from importing those products for which britain had a comparative advantage. e. even with an absolute advantage, the united states would have benefited from importing those products that britain could have produced at lower total cost.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 15:30

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

Answers: 2

Answer

Business, 22.06.2019 18:30

You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2

Answers: 1

Answer

Business, 22.06.2019 21:40

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.

Answers: 3

Answer

Business, 22.06.2019 22:00

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Answers: 1

Answer

You know the right answer?

In the 1950s, the economist bela balassa compared 28 manufacturing industries in the united states a...

Questions