Suppose that italy and germany both produce beer and cheese. italy's opportunity cost of producing a pound of cheese is 5 barrels of beer while germany's opportunity cost of producing a pound of cheese is 10 barrels of beer. by comparing the opportunity cost of producing cheese in the two countries, you can tell that has a comparative advantage in the production of cheese and has a comparative advantage in the production of beer. suppose that italy and germany consider trading cheese and beer with each other. italy can gain from specialization and trade as long as it receives more than of beer for each pound of cheese it exports to germany. similarly, germany can gain from trade as long as it receives more than of cheese for each barrel of beer it exports to italy. based on your answer to the last question, which of the following prices of trade (that is, price of cheese in terms of beer) would allow both germany and italy to gain from trade? check all that apply. 8 barrels of beer per pound of cheese 3 barrels of beer per pound of cheese 9 barrels of beer per pound of cheese 1 barrel of beer per pound of cheese

Daniel owns 100 shares of abc corporation's common stock. abc uses the fair value option, and recent declines in the firm's credit rating have caused the value of the firm's outstanding bonds payable to drop by 10%. daniel feels this is good news, but he wants to know what you think about the situation. which of the following represents your best response? a : "this situation may be positive for you in that the change in abc's credit standing indicates that the value of the firm's assets is likely increasing. however, the drop in bond value may negate any positive effects on your bottom line, because it means your claim on the firm's assets is simultaneously decreasing." b : "actually, this is bad news all around. the drop in the value of abc's bonds payable means shareholders' claims on the firm's assets have decreased. moreover, abc's declining credit rating means that the firm's assets are probably also dropping in value, thus magnifying your losses even more." c : "on the surface, this seems like good news because it means your claim on the firm's assets has increased. however, the drop in creditworthiness may also indicate that abc's assets are declining in value, thus offsetting any gains associated with the drop in bonds payable." d : "you're right! this is good news because it means that abc's debtholders have a decreased claim on the firm's assets. as a result, the firm's existing shareholders"like you"have seen their claim on the firm's assets increase."

The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x

Which of the following is least likely to a team solve problems together