Business, 07.04.2020 22:34 stephaniero6

In Zombia, it takes 10 resources to produce 1 ton of cocoa and 13.5 resources to produce 1 ton of rice. In South Curmudgea, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Zombia has a comparative advantage over South Curmedgea in cocoa. This follows the theory of comparative advantage, and we can say that engaging in free trade benefits all countries that participate in it. Which of the following is an inaccurate assumption on which this conclusion is based? a. We have assumed that agrarian nations do not specialize in fertilizers. b. We have assumed constant returns to scale. c. We have assumed the pric countries are es o f resources and exchange rates in the two countries are dynamic. d. We have assumed diminishing returns to specialization. e. We have assumed there are barriers to the movement of resources from the production of one good to another within the same country.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:00, glowbaby123

Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years

Answers: 1

continue

Business, 22.06.2019 11:30, kaylabethany

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?

Answers: 3

continue

Business, 22.06.2019 21:00, jonathanvega424

There is just one person in our group, silvia, who seems to have radically different ideas about how to complete our project. she seems to purposely disagree with the majority opinions of the rest of us though yesterday she said something that made a lot of sense to us solve our production problem. i suggested to the entire group today that we hear silvia’s suggestions and asked silvia to share in-depth more of what she said yesterday. i am using which adaptive leader behavior?

Answers: 2

continue

Business, 22.06.2019 23:00, vipergod07

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution. a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent

Answers: 3

continue

You know the right answer?

In Zombia, it takes 10 resources to produce 1 ton of cocoa and 13.5 resources to produce 1 ton of ri...