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2 years ago

(look at the graph)

Business

1 answer:

stealth61 [152]2 years ago

3 0

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

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What is considered a liability in finance and why is it being used?

garri49 [273]

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2 years ago

Read 2 more answers

An economy produces 10 cookies in year 1 at a price of $2 per cookie and 12 cookies in year 2 at a price of $3 per cookie. From

Vaselesa [24]

From year 1 to year 2, the real GDP of the economy increases by 20%.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.

<h3>What is the increase in real GDP?</h3>

GDP in year 1 = 10 x $2 = 20

Real GDP in year 2 using year 1 prices as base price = 12 x $2 = $24

Increase in real GDP = (24 / 20) - 1 = 20%

To learn more about GDP, please check: brainly.com/question/15225458

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1 year ago

Suppose Susan from USA works for a multinational company and has just arrived in a remote country in Africa for her work assignm

jolli1 [7]

Answer:

Ethnocentrism

Explanation:

I wish everyone in this little country just spoke English like the rest of the civilized world

this behavior is example of Ethnocentrism because

when we judge other culture on the basis of preconceptions that is found in the value and standard of own culture

and these are regarding of religion , behavior and language and customs etc

so here we can say Susan’s behavior is an example of Ethnocentrism

so correct option is C. Ethnocentrism

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2 years ago

James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work

balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

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2 years ago

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Nastasia [14]

Answer:

Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. ... And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.

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2 years ago