Business, 22.02.2021 19:10 emmilicious
Suppose that Spain and Austria both produce oil and olives. Spain's opportunity cost of producing a crate of olives is 5 barrels of oil while Austria's opportunity cost of producing a crate of olives is 10 barrels of oil. By comparing the opportunity cost of producing olives in the two countries, you can tell that has a comparative advantage in the production of olives and has a comparative advantage in the production of oil. Suppose that Spain and Austria consider trading olives and oil with each other. Spain can gain from specialization and trade as long as it receives more than of oil for each crate of olives it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than of olives for each barrel of Oil it exports to Spain.
Answers: 3
Business, 21.06.2019 14:00
After creating an organizational strategy based on porter’s models, a company can a) create process models. b) calculate inputs and outputs. c) examine market structure. d) develop information systems. only answer if you're positive! you!
Answers: 2
Business, 22.06.2019 17:50
Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not
Answers: 1
Business, 23.06.2019 07:00
Nthis economy, community members typically use simple tools to plant and harvest crops. food supplies are supplemented by hunting animals and gathering plant materials. members trade with each other to obtain needed goods, as few people hold currency. little economic growth occurs. what type of economy is being described?
Answers: 3
Business, 23.06.2019 10:00
How does a business determine the markup on a product or service? by matching the closest competitor by checking online prices by calculating the profit that will keep the business going by considering how much the product is worth to the consumer
Answers: 3
Suppose that Spain and Austria both produce oil and olives. Spain's opportunity cost of producing a...
Mathematics, 05.01.2021 02:30
Physics, 05.01.2021 02:30
Physics, 05.01.2021 02:30
Mathematics, 05.01.2021 02:30
Mathematics, 05.01.2021 02:30
Biology, 05.01.2021 02:30
Mathematics, 05.01.2021 02:30
Mathematics, 05.01.2021 02:30
Mathematics, 05.01.2021 02:30