8. The factor-price equalization theory and transportation costs
Which of the following statements about the factor-price equalization theory and the effects of transportation costs are correct? Check all that apply.
In trading nations, the cheap resource becomes even less expensive, and the expensive resource becomes even more expensive, which facilitates the growth of trade.
Differences in transportation costs across countries are a source of comparative advantage.
The factor-endowment theory accounts for transportation costs and other trade barriers.
When nations trade, the cheap resource becomes relatively more expensive, and the expensive resource becomes relatively less expensive, until price equalization occurs.
Which of the following statements about transportation costs are correct? Check all that apply.
When transportation costs rise, markets tend to substitute goods that are from closer locations.
Transportation costs have declined due to technological improvements for transporting goods.
International transportation costs are increasing everywhere in the world except in the United States.
Since the 1960s, transportation costs, as a percentage of the value of all U.S. imports, increased twofold.
The decline in the U.S. relative cost of international transportation has contributed to a higher volume of trade.
In: Economics
Suppose you need $1 million dollars to start your Dream Business. Describe two (2) ways you would generate the funds needed to start such a business. Next, discuss any risks or benefits you should be aware of when gathering these funds. Provide examples to support your response.
In: Finance
Russia pulled out of Afghanistan in 1989 after a 10 year war. What effect did this have on globalization ?
In: Economics
Q: Assistance in understanding and solving this example from Data Structure & Algorithms (Computer Science) with the steps of the solution to better understand, thanks.
##Using R studio language and code to use provided below, thanks.
In this assignment, we will implement a function to evaluate an
arithmetic expression. You will use two stacks to keep track of
things. The function is named ‘evaluate’, it takes a string as
input parameter, and returns an integer. The input string
represents an arithmetic expression, with each character in the
string being a token, while the returned value should be the value
of the expression.
Examples:
• evaluate ('1+2*3') ➔ 7
• evaluate ('1*2+3') ➔ 5
##This is the code provided to use
"""Basic example of an adapter class to provide a stack interface to
Python's list."""
class ArrayStack:
"""LIFO Stack implementation using a Python list as underlying
storage."""
def __init__ (self):
"""Create an empty stack."""
self._data = [] # nonpublic list instance
def __len__ (self):
"""Return the number of elements in the stack."""
return len (self._data)
def is_empty (self):
"""Return True if the stack is empty."""
return len (self._data) == 0
def push (self, e):
"""Add element e to the top of the stack."""
self._data.append (e) # new item stored at end of
list
def top (self):
"""Return (but do not remove) the element at the top of the stack.
Raise Empty exception if the stack is empty.
"""
if self.is_empty ():
raise Empty ('Stack is empty')
return self._data [-1] # the last item in the list
def pop (self):
"""Remove and return the element from the top of the stack (i.e.,
LIFO).
Raise Empty exception if the stack is empty.
"""
if self.is_empty ():
raise Empty ('Stack is empty')
return self._data.pop () # remove last item from list
class Empty (Exception):
"""Error attempting to access an element from an empty container."""
pass
if __name__ == '__main__':
S = ArrayStack () # contents: [ ]
S.push (5) # contents: [5]
S.push (3) # contents: [5, 3]
print (len (S)) # contents: [5, 3]; outputs 2
print (S.pop ()) # contents: [5]; outputs 3
print (S.is_empty ()) # contents: [5]; outputs False
print (S.pop ()) # contents: [ ]; outputs 5
print (S.is_empty ()) # contents: [ ]; outputs True
S.push (7) # contents: [7]
S.push (9) # contents: [7, 9]
print (S.top ()) # contents: [7, 9]; outputs 9
S.push (4) # contents: [7, 9, 4]
print (len (S)) # contents: [7, 9, 4]; outputs 3
print (S.pop ()) # contents: [7, 9]; outputs 4
S.push (6) # contents: [7, 9, 6]
S.push (8) # contents: [7, 9, 6, 8]
print (S.pop ()) # contents: [7, 9, 6]; outputs 8
In: Computer Science
A bowling ball whose radius R is 0.11 m and whose mass M is 7.2 Kg, rolls from rest down a ramp whose length L is 21 m. The ramp is inclined at an angle θ of 34° to the horizontal ; ( Rotational inertia = ) a) How fast is the center of the ball moving when it reached the bottom of the ramp? Assuming the ball is uniform in density b) What is the kinetic energy associated with rotation and translation as the ball reached the bottom c) What is the angular velocity of the ball as it reached the bottom d) How much time does it take to reach the bottom
In: Physics
please good answer
In: Computer Science
In: Accounting
Q12:
Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $236,000, $310,000, and $403,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale.
The cash collections in November are
a.$458,490
b.$382,075
c.$211,575
d.$100,750
Q13:
Dove Corporation began its operations on September 1 of the
current year. Budgeted sales for the first three months of business
are $250,000, $320,000, and $410,000, respectively, for September,
October, and November. The company expects to sell 25% of its
merchandise for cash. Of sales on account, 70% are expected to be
collected in the month of the sale and 30% in the month following
the sale.
The cash collections in November are
a.$389,750
b.$410,000
c.$490,000
d.$317,750
Q14:
Production estimates for July are as follows:
| Estimated inventory (units), July 1 | 8,500 |
| Desired inventory (units), July 31 | 10,500 |
| Expected sales volume (units), July | 76,000 |
For each unit produced, the direct materials requirements are as
follows:
| Direct material A ($5 per lb.) | 3 lbs. |
| Direct material B ($18 per lb.) | 1/2 lb. |
The total direct materials purchases of materials A and B (assuming
no beginning or ending material inventory) required for July
production is
a.$1,170,000 for A; $702,000 for B
b.$1,125,000 for A; $675,000 for B
c.$1,080,000 for A; $648,000 for B
d.$1,080,000 for A; $1,296,000 for B
In: Accounting
A sample of 37 observations is selected from a normal population. The sample mean is 29, and the population standard deviation is 5. Conduct the following test of hypothesis using the 0.05 significance level. H0: μ ≤ 26 H1: μ > 26 Is this a one- or two-tailed test? "One-tailed"—the alternate hypothesis is greater than direction. "Two-tailed"—the alternate hypothesis is different from direction. What is the decision rule? (Round your answer to 2 decimal places.)
In: Math
Challenge : The angle of depression from an airplane to the outskirts of a city measures 5.8 (degrees Tangent) The airplane is flying 6 miles above the ground at a speed of 200 mi/h. How much time will elapse before the airplane begins passing over the city?
In: Physics
What protective structure allows bacteria from phylum Firmicutes to tolerate extreme conditions such as high temperatures or minimal moisture?
Name two chemicals contained within this structure that aid in the protection of these cells.
In: Biology
Post-Lab Questions
Which data point can you obtain with greater accuracy from your graph-the pK values from the "legs" or the isoelectric point from the point of inflection? Explain your answer.
In: Chemistry
A top-loading washing machine has a cylindrical drum that rotates about a vertical axis. The drum of one such machine starts from rest and reaches an angular speed of 6.0 rev/s in 12.0 s. The lid of the machine is then opened, which turns off the machine, and the drum slows to rest in 11.0 s. Through how many revolutions does the drum turn during this 23 s interval? Assume constant angular acceleration while it is starting and stopping.
In: Physics
two techniques for implementing a top-down parser: a recursive descent parser and a table-driven parser.
a.What are the advantages of writing a recursive descent parser instead of a table-driven parser?
b.What are the disadvantages of recursive descent?
In: Computer Science
Hand-to-Mouth (H2M) is currently cash-constrained, and must make a decision about whether to delay paying one of its suppliers, or take out a loan. They owe the supplier $ 11,500 with terms of 1.8/10 Net 40, so the supplier will give them a 1.8 % discount if they pay by today (when the discount period expires). Alternatively, they can pay the full $ 11,500 in one month when the invoice is due. H2M is considering three options:
Alternative A: Forgo the discount on its trade credit agreement, wait and pay the full $ 11,500 in one month.
Alternative B: Borrow the money needed to pay its supplier today from Bank A, which has offered a one-month loan at an APR of 11.6 %. The bank will require a (no-interest) compensating balance of 5.3 % of the face value of the loan and will charge a $ 95 loan origination fee. Because H2M has no cash, it will need to borrow the funds to cover these additional amounts as well.
Alternative C: Borrow the money needed to pay its supplier today from Bank B, which has offered a one-month loan at an APR of 14.8 %. The loan has a 0.5 % loan origination fee, which again H2M will need to borrow to cover.
In: Accounting