) Suppose after trade, the international relative price settles at a level equal to the relative autarky prices of home country. At the trade equilibrium, in which good, would the foreign country specialize? Which good would the home country export? (hint: home country would consume the same bundle in this case). Explain your answer.

All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? select one: a. a higher percentage of the high operating leverage firm's costs are fixed. b. the high operating leverage firm is exposed to less risk. c. the debt payments limit the high operating leverage firm's opportunities to turn a big profit. d. the high operating leverage firm has more debt.

Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?