Suppose the United States and Taiwan produce only cell phones and digital music players. Assume that each country uses only labor to produce each good, and that the cell phones and digital music players made in the United States and Taiwan are exactly alike. The table below shows how much each country can produce of each good with one hour of labor. Output per Hour of Labor
Cell Phones Digital Music Players
United States 5 8
Taiwan 24 14
According to the table, has an absolute advantage in producing cell phones, and has an absolute advantage in producing digital music players.
At the same time, has a comparative advantage in producing cell phones, and has a comparative advantage in producing digital music players.

Can you name the traditional features of the mapuche economy? what are they?

Four key marketing decision variables are price (p), advertising (a), transportation (t), and product quality (q). consumer demand (d) is influenced by these variables. the simplest model for describing demand in terms of these variables is: d = k – pp + aa + tt + qq where k, p, a, t, and q are constants. discuss the assumptions of this model. specifically, how does each variable affect demand? how do the variables influence each other? what limitations might this model have? how can it be improved?

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)