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butalik [34]
2 years ago
8

(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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2 years ago
Bill's product manager is under pressure to increase market share, but is uncertain about how to make the product more competiti
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Consider the following explanation

Explanation:

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3 0
1 year ago
You manage a hedge fund with $400 million in assets. Your fee structure provides for a 1% annual management fee with a 20% incen
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Answer:

b. $6,600,000

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