Question 62
how would a strong u. s. dollar impact the trade of grain produced in the un...
Business, 11.10.2019 13:30 kkmonsterhigh18
Question 62
how would a strong u. s. dollar impact the trade of grain produced in the united states?
u. s. grain exports decrease
u. s. grain exports increase
u. s. grain imports decrease
u. s. grain imports stagnate
question 63
two countries produce milk and dairy products efficiently. neither has an absolute advantage. however, country a exports milk to country b, and country a imports cotton from country b. which of the following is inferred?
the opportunity cost of producing milk is lower for country a.
the opportunity cost of producing cotton is higher for country b.
country a has a natural resource advantage in cotton.
country b has a natural resource advantage in milk.
question 64
marx would most likely support a plan for
government ownership of most production
creating a worldwide free trade agreement
eliminating income taxes on the wealthy
income taxes based on ability to pay
question 65
to increase your standard of living, your wages must
rise faster than the inflation rate
rise more slowly than the inflation rate
keep pace with the inflation rate
have a negative inflation rate
Answers: 3
Business, 22.06.2019 20:50
Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold
Answers: 2
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
Business, 22.06.2019 23:10
The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.
Answers: 3
Business, 23.06.2019 00:00
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
Answers: 2
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