subject
Business, 20.09.2020 14:01 ryanbasdao

The chart below shows the number of resource units the countries of Gamma and Omega must use to produce one unit of food or one unit of clothing Food - Gamma: 10 resource units, Omega: 5 resource units Clothing - Gamma: 9 resource units, Omega: 3 resource units Which of the following is true?a. trade should take place, with Gamma specializing in clothing production and Omega specializing in food production. b. trade should take place, with Gamma specializing in food production and Omega specializing in clothing production. c. each country should devote half of its resources to food production and half to clothing production and not trade. d. since Omega can produce both food and clothing using fewer resources than Gamma it cannot benefit from trade with Gamma. e. since Gamma can produce both food and clothing using fewer resources than Omega, it cannot benefit from trade with Omega.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:00, glizbethh00
What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?
Answers: 1
image
Business, 22.06.2019 11:10, allieallie
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
image
Business, 22.06.2019 11:30, astorkid
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
image
Business, 22.06.2019 11:40, antbanks3050
Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?
Answers: 1
You know the right answer?
The chart below shows the number of resource units the countries of Gamma and Omega must use to prod...

Questions in other subjects:

Konu
Biology, 04.11.2020 21:00
Konu
History, 04.11.2020 21:00