subject
Business, 19.10.2021 09:30 BreBreDoeCCx

magine there are two countries: Country X and Country Z. These two countries produce only surfboards (S) and computers (C). Assume that the opportunity cost of producing surfboards in Country X is 1/2 C/S. Assume that the opportunity cost of producing surfboards in Country Z is 3 C/S. What is true about a proposed trade between these two countries of 4 computers per surfboard

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 20:30
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
question
Business, 22.06.2019 22:00
Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate
Answers: 1
question
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
question
Business, 23.06.2019 02:20
When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable
Answers: 2
You know the right answer?
magine there are two countries: Country X and Country Z. These two countries produce only surfboards...
Questions
question
Health, 22.09.2021 15:50
question
English, 22.09.2021 15:50
question
Business, 22.09.2021 15:50
question
Mathematics, 22.09.2021 15:50
question
History, 22.09.2021 15:50
question
Mathematics, 22.09.2021 15:50
Questions on the website: 13722367