With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.

Answers

Answer 1

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

What is a free trade?

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

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Related Questions

What are the five essential elements of an enforceable contract according to roger 2012 essentials of business law?

Answers

A legitimate contract must have all necessary aspects such as an offer, its ,  meeting of minds, acceptance, communication, consideration, capacity, and legality.

Enforceable contracts can be enforced, especially when lawful or valid creditors have enforceable contract rights.

Valid contracts, invalid contracts, voidable contracts, unlawful contracts, and unenforceable contracts are the five types of contracts based on validity. A valid contract is one that is legally enforceable, whereas a void contract is one that is not legally enforceable and imposes no duties on the parties concerned.

Therefore, the answer is given below:

Meeting of mindsAcceptanceCommunicationConsiderationCapacity, and legality.

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A company's required rate of return computed as an average of the rate the company must pay to its lenders and investors is called:________.

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A company's required rate of return computed as an average of the rate the company must pay to its lenders and investors is called: Cost of capital.

What cost of capital?

Cost of capital can be defined as the required return a person or an individual who provide capital for the start up of a business is expecting to receive  or  the return an investor is expecting  for investing in a business.

Hence, cost of capital is the expected  rate of return  a company or an organization must pay to its lenders and investors.

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Answer: Hurdle rate

Explanation:

The major factor(s) affecting the cost, or interest rate, on a bond is (are) its?

Answers

The most important elements influencing a bond's price are yield, maturity of long-term borrowings.

Bonds and the interest rates have a relationship that is inverse. Bond prices often decline when the cost of borrowing money rises (when interest rates rise), and vice versa.

The negative link between interest rates and bond prices appears odd at first look. However, with closer inspection, it really starts to make sense.

Bonds are long-term borrowings that are more expensive than short-term borrowings due to the higher risk of uncertainty associated with long-term borrowing maturities.

The maturity of long-term borrowings is the key element influencing bond cost or interest rate.

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If the fed sells $5 billion of u. S. Bonds in the open market and the reserve requirement is 5 percent, m1 will eventually:.

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If the fed sells $5 billion of u. S. Bonds in the open market and the reserve requirement is 5 percent, m1 will eventually decrease by $100 billion.

What is the effect of the sale of bonds on M1?

M1 is comprised of the most liquid money supply e.g. currency, demand deposits.  When the Fed sells bonds they are conducting a contractionary monetary policy. The aim of this policy is to reduce the supply of money in the economy.

Reduction in the value of money = value of bonds sold / reserve requirement

$5 billion /0.05 = $100 billion.

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E-commerce offers entrepreneurs an opportunity to _____

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E-commerce offers entrepreneurs an opportunity to utilize the interactive nature of the Internet to help their businesses grow.

What Exactly Is Electronic Business (E-Business)?

Ecommerce is the name given to companies and individuals who conduct business online. E-commerce can operate in a range of market sectors and be performed on computers, tablets, cellphones, and other smart devices. Nearly any product or service imaginable is now available through e-commerce transactions, including books, music, airline tickets, and financial services like stock trading and online banking. It is considered a very disruptive technology result.

What are the advantages and disadvantages of doing business online?

The benefits of e-commerce for customers include:

ConvenienceIncreased selectionPerhaps lower startup costsInternational salesEasier to target customers again.

But e-commerce websites also have some disadvantages. The negatives include:

Limited client serviceLack of immediate gratificationUnable to touch productsReliance on technologyGreater competition.

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The Tires division of Car Company makes tires for use in its Assembly division. The Tires division incurs variable costs of $267 per set of tires and has the capacity to make 1,170,000 sets of tires per year. The market price for tires is $485 per set. The Tires division incurs total fixed costs of $6,170,000 per year. If the Tires division is operating at full capacity, what transfer price should be used on the transfers between the Tires and Assembly divisions

Answers

If the Tires division is operating at full capacity, the transfer price that should be used on the transfers between the Tires and Assembly divisions is $485 per set.

What is the acceptable transfer price for this case?

The acceptable transfer price for this case is $485 which represents the variable cost plus opportunity cost.

The above conclusion is based on the transfer price fundamental principle that it should be equal to the price charged to outside customers or purchased from outside vendors.

Thus, the transfer price should be $485 per set.

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A company receives a 10%, 90-day note for $4,500. The total interest due on the maturity date is:________ (use 360 days a year)

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A company receives a 10%, 90-day note for $4,500. The total interest due on the maturity date is $112.50.

$4,500 × 0.10 × 90/360 = $112.50

The maturity date refers back to the date when an investment, along with a certificate of deposit (CD) or bond, turns into due and is repaid to the investor. At that point, the funding stops paying interest, and investors can redeem amassed interest and their capital without penalty.

For a maturity date, your mortgage adulthood date could be several a long time down the road depending on the term. as an example, in case you purchase a $325,000 house with $25,000 down and a 30-yr mortgage on March four, 2022, the mortgage might mature on March 4, 2052.

The expiration date is the closing date on which an American-fashion alternative may be exercised, and the best date that an ECU-style option can be exercised. The adulthood date is the date on which the underlying transaction settles if the option is exercised

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True or false: To purchase a closed-end mutual fund, you would purchase shares directly from the mutual fund company at any time.

Answers

Answer:false

Explanation:

The statement - "To purchase a closed-end mutual fund, you would purchase shares directly from the mutual fund company at any time" is false.

What is mutual fund?

A mutual fund is an investment vehicle that is professionally managed and combines money from numerous individuals to acquire assets.

The name is commonly used in the United States, Canada, and India, whereas similar structures in other parts of the world include the SICAV in Europe and the open-ended investment company in the United Kingdom.

A closed-end fund is a form of mutual fund that raises capital for its initial investments by issuing a limited number of shares in a single initial public offering (IPO).

Its shares can then be purchased and sold on a stock market, but no new shares are generated, and no new money enters the fund.

"To acquire a closed-end mutual fund, you would purchase shares directly from the mutual fund company at any time," is a false statement.

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Assuming that all occupied blocks need to be moved, how long will it take to compact the memory

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Assuming that all occupied blocks need to be moved, to compact the memory it will take a while.

To compact the memory all the free partitions are made contiguous and all the loaded partitions are brought together. Also, all the occupied blocks need to be moved.

By applying this technique, we can store the bigger processes in the memory. The free partitions are merged which can now be allocated according to the needs of new processes.

When you compact the memory, it moves the in-use areas of memory to eliminate holes in order to create larger contiguous free areas.

Hence, to compact the memory it will take a while.

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Multiple Choice Question The changes in the non-cash balance sheet accounts explain the differences between the ______. Multiple choice question. net income and total stockholders' equity income statement and the statement of cash flows net income and total assets income statement and the statement of retained earnings

Answers

Answer: income statement and the statement of cash flows

Explanation:

2. The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:

Answers

A method for allowing the public to express concerns or questions.  

What does public information strategy include?

It aids in creating and maintaining a favorable public perception of your company. It entails reaching audiences by exploiting news stories and public interest themes that don't involve direct payment.

Find out what needs to be altered or improved, and then identify positive elements to build.

Identify any societal, economic, or industrial trends that need to be taken into account.

I understand the question you are looking for is this:

The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:

A) a method for allowing the public to express concerns or questions.  

B) the time of day to distribute information.

C) when to withhold information.

D) the cost of distributing information.

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The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called a(n) price strategy.

Answers

The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called as  Skimming price strategy

Skimming Pricing, also known as price skimming, is a pricing strategy that sets the price of new products higher and lowers them when competitors enter the market. Skimming prices are the opposite of penetration prices, which set lower prices for newly launched products in order to build a large customer base from the beginning.

Skimming pricing strategy refers to setting relatively high initial prices for new products or services for early adopters who are not price sensitive when there is a strong relationship between price and perceived quality. .. Prices can go down over time.

An example of a skimming strategy can be found primarily when major technology companies such as Apple, Samsung, and Sony are developing new technologies that are known to be in high demand.

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A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft drinks.

Answers

One thing that a process cost system cannot be used for from the given options is Motion pictures.

What is process costing?

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

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Item5 Item 5 In economic terms, resources that are not being used to satisfy consumer demand Multiple Choice are being conserved. are being wasted. can be used to preserve the environment. can be used for animal welfare.

Answers

Items 5 Itemt 5 in economic terms, resources that are not being used to satisfy consumer demand are being wasted.

According to the take-make-waste approach,  business takes resources, makes products out of them, and waste whatever is left over.

In economics, resources are defined as services or other assets used to produce goods and services that satisfy human needs and desires. Economics, also called factors of production, classifies resources into four categories: land, labor, capital, and business.

Economic resources can be divided into human resources and physical resources. Human resources include labor and management, and non-human resources include land, capital, financial resources, and technology.

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If the mpc is 0.60 and disposable income increases from $20,000 billion to $22,000 billion, consumption will increase by:__________

Answers

If the MPC is 0.60 and disposable income increases from $20,000 billion to $22,000 billion, consumption will increase by 1,200 billion.

First, find the change in disposable income:

22,000 billion minus 20,000 billion = 2,000 billion

multiply by MPC to find consumption increase:

2,000 billion x .60 = 1,200 billion

What does MPC mean?

The marginal propensity to consume (MPC) concept quantifies how much more people will spend for every dollar of new income. The marginal consumption to marginal income ratio, or MPC, is determined.

What is the uses of MPC?

MPC uses a dynamic representation of the process to forecast the controlled variable. The anticipated controlled variable is supplied back to the controller, where it is employed in an online optimization process to decide the manipulated variable by minimizing an appropriate cost function.

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The Civil Rights Movement can be most accurately described as primarily an uprising against the KKK.

Answers

It is false to claim that the Civil Rights Movement can more accurately be described primarily as a revolt against the KKK.

What was the Civil Rights Movement?

It was the movement of the African-American population that took place during the 50s and 60s, whose main objective was the conquest of civil rights for blacks, in order to achieve equity among citizens regardless of racial characteristics and the end of segregation and institutional racism in the country.

Therefore, it is concluded that the civil rights movement emerged with the need to promote social justice in the country and equity to black citizens, who suffered from discrimination and racist movements, such as the KKK.

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Which of the following would DECREASE the NPV of a project being considered, other things held constant

Answers

(E) A shift from straight-line to MACRS depreciation would increase the NPV of a project.

What is MACRS depreciation?The MACRS depreciation method provides for greater accelerated depreciation over the asset's life. This means that the company can take bigger tax deductions in the early years of the asset's life and less in later years.

NVP of a project:

The difference between the value of cash today and the worth of cash at a future date is referred to as net present value (NPV). In project management, NPV is used to estimate if the future financial returns of a project will outweigh the current investment, indicating that the project is worthwhile. A switch from straight-line to MACRS depreciation would boost a project's NPV.

As it is given in the description itself, a switch from straight-line to MACRS depreciation would boost a project's NPV.

Therefore, (E) a shift from straight-line to MACRS depreciation would increase the NPV of a project.

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The question you are looking for is given here:

Other things held constant, which of the following would increase the NPV of a project being considered?

a. Making the initial investment in the first year rather than spreading it over the first three years.

b. The project would decrease sales of another product line.

c. An increase in required net operating working capital.

d. An increase in the discount rate associated with the project.

e. A shift from straight-line to MACRS depreciation.

The hutchinsons own a house that is currently appraised at $545,000. They owe $397,000 on the deed of trust and would have $65,000 in selling expenses. What is their net equity in the property?

Answers

Their net equity in the property is $83,000.

Equity represents the price that might be back to a agency's shareholders if all the property had been liquidated and all the employer's money owed were paid off. We can also think of equity as a degree of residual ownership in a firm or asset after subtracting all money owed associated with that asset.

The time period refers to fairness and justice and is prominent from equality: while equality method imparting the equal to all, fairness approach recognizing that we do not all start from the equal location and must well known and make adjustments to imbalances.

Disclaimer:-your question is incomplete, please refer below for complete question.

A.$83,000

B. $148,000

C. $213,000

D. $480,000

The correct answer is option A.

To calculate equity,

subtract outstanding liens and estimated selling costs from the currently appraised value of the home as property.

⇒ ($545,000 − $397,000 − $65,000

⇒ $83,000).

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You estimate the duration of an activity as five days because an expert told you that it took five days to complete a similar activity in a previous project. Which of the following methods have you used for your activity estimation estimate

Answers

Analogous estimating method is used for activity duration estimation.

What is Analogous Estimation?

Using the analogous estimation technique, the project manager examines a previous project, analyzes its factors, and uses that data to estimate the size and expense of the current project.

Why is analogous estimating most reliable?

When there are few specifics available early in the project, analogous estimation is a more accurate method of estimation. The technique is straightforward, and it takes very little time to estimate. Since the method is based on the organization's prior project data, a high success rate for the organization can be anticipated.

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Like other business messages, reports can range from informal to formal depending on their purpose, audience, and setting. Which of the following contributes to an informal writing style

Answers

The informal writing style:

First-person pronouns.Shorter sentences.Emphasis on active-voice verbs.Conversational language.

Informal communication and informal writing style:Informal communication is informal contact between coworkers. It is unofficial in nature and is built on the informal, social ties that develop in the workplace outside of the conventional business hierarchy.Informal communication, often known as grapevine communication, fosters social relationships among individuals. It promotes togetherness, honesty, and solidarity among them, as well as morals. Informal communication is faster than grapevine communication.In composition, informal style refers to speech or writing that is distinguished by a casual, familiar, and often colloquial use of language. An informal writing style is frequently more straightforward than a formal style and may rely on contractions, abbreviations, short phrases, and ellipses more heavily.

Therefore, the informal writing style is:

First-person pronouns.Shorter sentences.Emphasis on active-voice verbs.Conversational language.

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Kevin and Regina sold their property to Vickey using a general warranty deed. Which one of these statements is true

Answers

Kevin and Regina sold their property to Vickey using a general warranty deed. The statements that is true is: c. Vickey is the grantee.

What is warranty deed?

A warranty deed  can be defined as a kind of  deed  in which a seller which is also know as a grantor  give the assurance they have the legal right to sell a product to a buyer which is a grantee.

Hence, If Kevin and Regina sold their property to Vickey using a general warranty deed, Vickey is the grantee or the buyer which Kevin and Reginal are the grantor (seller).

The missing options are:

Either Regina or Kevin can convey the property.

Kevin and Regina are the grantees.

Vickey is the grantee.

Vickey is the grantor

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Floating rate bonds are Group of answer choices a sequence of small bond issues of progressively longer maturity. bonds with fixed interest payments. bonds with interest rates that change with current interest rates. short-term debt obligations that the U. S. government sells to financially stable companies to raise money.

Answers

Floating Rate Bonds are bonds with interest rates that change with current interest rates.

What are Floating Rate Bonds?

Bonds with a floating interest rate, as opposed to traditional bonds, pay an interest rate that is variable and resets on a regular basis. The federal funds rate or the London Interbank Offered Rate (LIBOR) plus an additional "spread" are typically the bases for the rates. LIBOR is a benchmark rate that banks use for making short-term loans to other banks, much like the federal funds rate.For example, if a rate is stated as "LIBOR + 0.50 percent," the rate would be 1.50 percent if LIBOR were at 1.00 percent. The yield varies over the security's lifetime as current interest rates vary, but the spread (+0.50) often doesn't.

Floating rate bonds offer potential benefits to investors by providing variable interest, which is set by a coupon rate that fluctuates in line with the market interest rate.

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Berkshire hathaway’s sharpe ratio is ________ than the aggregate stock market for the sample period? (please use the std sharpe ratios)

Answers

Berkshire Hathaway's Sharpe ratio is 0.79 than the aggregate stock market for the sample period.

The Sharpe ratio of Berkshire Hathaway was 0.79 over the period from 1976–2017. Although this Sharpe ratio is nearly double than that of the overall stock market, it is still considered lower than many investors imagine.

Sharpe ratio is considered the measure of risk-adjusted return of a financial portfolio. A portfolio with a higher Sharpe ratio is considered superior relative to its peers.

Berkshire Hathaway's Sharpe ratio of 0.79 means that this fund has had better risk-adjusted performance than the average Global Equity fund. So, the higher the Sharpe Ratio, the better a fund's returns would be in relative to the risk it has taken on.

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A(n) _____ strategy is appealing because it attracts two distinct market segments: those who are not price sensitive along with more price-sensitive customers.

Answers

A(n) high pricing strategy is appealing because it attracts two distinct market segments: those who are not priced sensitive along with more price-sensitive customers.

Price sensitivity can be broadly defined as the degree to which demand changes when the price of a product or service changes.

The price sensitivity of a product depends on how important the price is to consumers compared to other purchasing criteria. Some people value quality over price, making them less sensitive to price. For example, customers looking for high-end products are usually less price-sensitive than bargain hunters. So you are willing to pay more for high-quality products.

In contrast, more budget-conscious people may be willing to compromise on quality. These people don't spend much on things like brand names, even if they are of higher quality than common home-branded products.

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What world-famous open-air market is known for colorful textiles? tianguis cultural del chopo el rastro otavalo

Answers

Otavalo is world-famous open-air market is known for colorful textiles.

Otavalo is a  town in the  north-central Ecuador  in the highlands of the Andes Mountains at an elevation of 8,441 feet . The area was densely settled by the Otavalo Indians before to its conquest by the Incas and also became a Spanish-controlled settlement in the 16th century.

Otavalo was largely destroyed in the 1868 earthquake but the town has since been rebuilt. The surrounding land which was owned in small parcels by the Otavalo Indians. It  produces cereals, potatoes, fruit, and livestock.

The weekly Indian markets as well as the animal markets are famous tourist attractions. The Indian trade market is known mainly for its cotton and woolen textiles as well as  leather goods, and native jewelry.

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Use the information in Exhibit 64 to answer the following question. Given the sector information in Exhibit 64, what could be concluded about the business strategy of Company D in 2011 and 2012

Answers

Company D was able to gain market share by targeting a niche market with a new product.

A niche market is a section of a bigger market that may be defined by means of its own particular desires, options, or identification that makes it distinct from the market at huge. As an example, in the marketplace for ladies' footwear are many different segments or niches.

A spot marketplace is the subset of the marketplace on which a specific product is focused. The marketplace area of interest defines the product features aimed at pleasing specific market desires, in addition to the fee range, production great, and the demographics that it's far supposed to goal. it's also a small market section.

An eCommerce niche is a distinct section inside any given marketplace and is frequently an area that is neglected by other agencies. Examples of niches include handmade objects, puppy meals or puppy owners, latest t-shirts, products, beauty products, devices, or other trending products.

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Distribution network for fmcg fmcg distributor management distributor management system distributor management software. distributor management software. distribution system for fmcg dms questions before buy distribution network for fast moving goods distributor management system ppt

Answers

Three significant individuals make up FMCG distribution channels: agents, merchants, and facilitators. By promoting a company's product, agents increase sales, but they never stock or purchase the item themselves.

Modern DMSs prevent stock outs and overstocking, improve supply chain efficiency, and enable businesses to obtain real-time data from distributors. They also streamline all distribution operations and activities.

The use of electrical energy has grown dramatically in recent years, and both customer demands and standards of power quality have evolved significantly. The efficient use and dependability of electric energy became crucial as it became a necessity for daily living.

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What effect will an increase in interest rates have on the quantity of loanable funds supplied?

Answers

As interest rates rise, borrowers' costs rise and they become less likely to borrow, according to the borrower's perspective (the source of demand in the loanable funds framework). When a result, as interest rates rise, less money is being demanded.

The borrowing process is described by the market for loanable funds. Savings are the source of the loanable funds available. It is predicated on borrowing that loanable funds are in demand.

The real interest rate and the amount of loans made depend on how the supply of savings and the demand for loans interact. Real GDP includes investment spending as a significant component.

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A principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
a. true
b. false

Answers

It is true that principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.

What is Principal Agent Relationship?

This is when two parties have agreed that an agent will act on behalf of the principal in negotiating and transacting business with third parties.

With regards to compensation, when a principal requests certain services from an agent, the principal has a duty to pay the agent, in a timely manner, for those services rendered.

Some of the duties of principal to its agent are:

Duty to Compensate,Duty to Reimburse.Duty to Indemnify the Agent.

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Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison between the MIS department and the business

Answers

Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?

The correct answer is Data Steward

Why is MIS becoming so important to businesses?

The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.

The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.

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