To acquire financial capital, a firm can i. obtain a loan from ...

[michelleunicorn]

To acquire financial capital, a firm can
 
  i. obtain a loan from a bank.
  ii. issue stock.
  iii. issue bonds.
  A) i, ii, and iii B) i and iii C) i only D) iii only E) ii only

Question 2

For country North, the opportunity cost incurred when 3 tractors are produced is 21 watches. For country South, the opportunity cost incurred when 5 tractors are produced is 100 watches.
 
  Which country has the comparative advantage in the production of tractors?
  A) South
  B) North
  C) Both have the comparative advantage in the production of tractors.
  D) Neither country has the comparative advantage in the production of tractors.
  E) More information is needed about which country has the comparative advantage in the production of watches.

[Toya9913]

Answer to Question 1

A

Answer to Question 2

B

[michelleunicorn]

Thank you

[Toya9913]

Happy to help you