If the united states is to specialize in the production of one of the two goods (and then trade that good to france), which good should it be and why? if france is to specialize in the production of one of the two goods (and then trade that good to the united states), which good should it be and why?
(a)-good x for the united states because the united states is the higher opportunity cost producer of good x;
(b)-good y for france because france is the higher opportunity cost producer of good y.(
(c)-good y for the united states because the united states is the lower opportunity cost producer of good y; good x for france because france is the lower opportunity cost producer of good x.
(d)-good x for the united states because the united states is the lower opportunity cost producer of good x; good y for france because france is the lower opportunity cost producer of good y.
(e)-good y for the united states because the united states is the higher opportunity cost producer of good y; good x for france because france is the higher opportunity cost producer of good x.
Answers: 1
Business, 22.06.2019 11:30
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
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Business, 22.06.2019 15:30
Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered
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Business, 22.06.2019 19:00
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
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Business, 23.06.2019 00:10
Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.
Answers: 2
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