Absolute advantage is found by comparing different producers' a. locational and logistical circumstances. b. input requirements per unit of output. c. payments to land, labor, and capital. d. opportunity costs.

Which is the biggest company in Germany?

El Tapatio purchased restaurant furniture on September 1, 2018, for $31,000. Residual value at the end of an estimated 10-year service life is expected to be $4,600.

April, a high school student, doesn't know her folks are trying to dig out of a financial crisis. Alone one day, she answers the phone. The caller doesn't identify herself.

In a free-market economy, a product that entails a negative externality (additional social cost) will be

Which best explains why some people get life insurance and others don't? Different people are willing to face different kinds of risks. Life insurance is a cost that has no direct benefit.

Consider a bp gas station. as a result of an economic recession and decreases in consumer incomes, there will be a:

You purchased 600 shares of SLG, Inc. stock at a price of $41.20 a share. You then purchased put options on your shares with a strike price of $45.00 and an option premium of $1.10. At expiration, the stock was selling for $48.30 a share.

Which of the following statement is true? a. The demand for puma shoes is more elastic than the demand for shoes b. The demand for Cheerios is less elastic than the demand for cereal c. Products with many complements have a more elastic demand d.

What is the par value for an ingredient?

What is the second rule of risk management