Differences in production efficiencies among nations in producing a particular good result from:.

Answers

Answer 1

Answer:

-Different endowments of fertile soil.

-Different amounts of skilled labor.

-Different levels of technological knowledge.

Explanation:

Answer 2

Differences in production efficiencies among nations in producing a particularly good result from different endowments of fertile soil, different amounts of skilled labour, and different levels of technological knowledge.

What is production efficiency?

Production efficiency refers to a situation in which the economy or an economic system for instance a bank, hospital, industry, or country operating within the constraints of current industrial technology cannot increase the production of one good without sacrificing the production of another good. In simple terms, the concept is illustrated on a production possibility frontier, where all points on the curve are points of productive efficiency.

An equilibrium may be productively efficient without being allocatively efficient that is it may result in a distribution of goods where social welfare is not maximized bearing in mind that social welfare is a nebulous objective function subject to political controversy. Productive efficiency is an aspect of economic efficiency that focuses on how to maximize the output of a chosen product portfolio, without concern for whether your product portfolio is making goods in the right proportion.

In misguided application, it will aid in manufacturing the wrong basket of outputs faster and cheaper than ever before.

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Related Questions

If a client has critical complaints such as discrimination, unfair practices or false advertising, what should i do?

Answers

Answer:

Depends if the accusations are true or not.

Explanation:

If the client has hard solid proof of these claims then you should try apologizing and stop false advertising, unfair practices, and discrimination. If the client doesn't have proof of these claims and is lying, you should try banning them from your buisness. Keep doing your job but be more aware of these things.

hope this helps :)

Businesses use a number of methods to create a good picture of their customer base. This market research can help companies to validate their ________

Answers

Businesses use a number of methods to create a good picture of their customer base. This market research can help companies to validate their target marget.

What is a target market?

This is a market for whom the goods that are being produced or the services rendered are aimed at.

They are the ones that would be the potential customers of the business that is being set up.

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Explain the differences and similarities between compound interest (for money saved) and compound growth (for money invested).

Answers

The similarities between compound interest and compound growth is that both are important for one to grow his money.

What is compound interest?

It should be noted that compound interest simply means the addition of interest to the principal sum money.

The similarity between compound interest and compound growth is that both are important for one to grow his money.

The difference is that compound growth calculates the gains based on the added result from the prior period.

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A market that has no barriers to entry and many small firms selling products that are slightly different from one another is best described as:

Answers

If the market has small firms selling products that are slightly different from one another this is called: monopolistic competition.

What is monopolistic competition?

Monopolistic competition can be defined as a form of competitive market which has different manufacturers selling products or goods and service that are not similar or that are a little bit different from each other.

In this type of market many producers can sell their products reason being that their is no any form of limitation or barriers to entry the market.

Inconclusion if the market that has no barriers to entry and many small firms selling products this is called:monopolistic competition.

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You work at the headquarters of an enterprise known for unethical practices. the company has many remote sites, but most functions are performed at one location. your enterprise recently hired a third-party vendor known for high-accuracy business impact analyses. the bia performed by the vendor has since proved wrong, as an incident impacted the business significantly more than forecast. you are assigned to conduct a study on the bia's misconception and submit a report.

required:
what should you investigate as the possible reason for the bia's inaccuracy?

Answers

As an investigator, i will investigate the possible reason for the business impact analysis inaccuracy because the vendor was unaware of the organization's unethical practices.

What is a business impact analysis?

This is an analysis that helps to predicts the effect of a disruption of a business process and helps to develop recovery strategies against such effect.

As the headquarters is known for unethical practices, then, such practices will likely be apparent in the remote site.

Therefore, the Option D is correct.

Missing options "a. The vendor used the incorrect method to conduct their analysis. b. The vendor overlooked the organization's remote sites.  c. The vendor was unaware of some of the organization's business concepts. d. The vendor was unaware of the organization's unethical practices."

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What are the two steps a producer can take to gain an absolute advantage? produce more goods. use high-quality resources. produce more expensive goods. use fewer resources. produce high-quality goods. use local resources.

Answers

Answer:

The correct answers are 1) produce more goods and 4) use fewer resources.

Explanation:

In the economic theory the definition of absolute advantage is the ability to produce as much of a product as possible while using few resources. On the other hand, comparative advantage is something that can help a producer sell a good at a low price which is attractive for customers while retaining good sale margins.

1. Produce more goods.
4. Use fewer resources.

What is the primary purpose of a trading bloc? (5 points) group of answer choices to foster political and social unity to lower manufacturing costs to reduce or eliminate tariffs to create free market economies

Answers

The primary purpose of a trading bloc is to reduce or to eliminate the tariffs. Option C is correct.

What is the trading blog?

A trading bloc is a kind of intergovernmental agreement, frequently part of a regional intergovernmental organization, in which trade restrictions between participating governments are decreased or totally abolished.

Trade blocs can arise as independent agreements between states or as part of a regional organization. The fundamental purpose of that type of blog is to reduce or eliminate the tariff.

Therefore, option C is correct.

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The financial statements of the darlington company report net sales of $500,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for darlington?.

Answers

The accounts receivable turnover, based on the financial statements for Darlington Company is 16.7x.

What is accounts receivable turnover?

The accounts receivable turnover is the ratio of average accounts receivable for a period and the net credit sales.

The ratio shows the efficiency of collecting cash from credit customers.

Data and Calculations:

Net sales = $500,000

Accounts receivable:

Ending balance = $40,000

Beginning balance = $20,000

Average Accounts Receivable = $30,000 ($40,000 + $20,000)/2

Accounts receivable turnover = Net Sales/Average Accounts Receivable

= 16.7 ($500,000/$30,000)

Thus, the accounts receivable turnover for Darlington Company is 16.7x.

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If an employer in a state with elective workers compensation laws chooses not to be subject to those laws, what does the employer lose?

Answers

Answer:it’s common law defenses against liability suits

Explanation:

According to the short-run phillips curve, a contractionary fiscal policy will result in:.

Answers

According to the short-run phillips curve, a contractionary fiscal policy will result in:

Inflation DecreasesUnemployment Increases

What is Contractionary fiscal policy?

Contractionary fiscal policy can be defined as a fiscal policy in which the money generated from tax is higher that the actual money spent.

Based on this with contractionary fiscal policy inflation  which is the rise in price of goods and service will decrease while on the other hand unemployment rate will increase.

Inconclusion according to the short-run phillips curve, a contractionary fiscal policy will result in: Decrease in inflation.

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If the Fed wants to increase the money supply through open market operations, it will Group of answer choices purchase government securities. lend more reserves to commercial banks. first purchase, then sell, government securities. sell government securities.

Answers

If the feds want to increase the money supply in the economy they would:  purchase government securities.

How does the fed raise money supply?

The federal reserve of the United States is known to raise its money supply when they purchase securities.

They do this by using newly created money and also lowering the interest rate that is in the economy.

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Question 9 of 10
Amy is interested in fashion. She is a talented public speaker and enjoys
traveling abroad. Which career path might be right for her?
A. Marketing representative for an international clothing designer
B. Sales representative for a local furniture store
C. Art director for an interior design company
D. Marketing manager for a local clothing retailer
SUBMIT

Answers

Answer:

A

Explanation:

since shes a talented public speaker and enjoys travelling (A) would be a good fit

Marketing representative for an international clothing designer.

Thus, the correct option is A.

Who is a Marketing representative?

Advertising, promotions, and other strategies are used by marketing professionals to shape public perception of a company's goods and draw in new clients.

By directly engaging customers on the ground, a field marketing person is in charge of raising brand recognition. Field marketers serve as a bridge between buyers and sellers by giving consumers useful information about goods and services.

Several of the typical sales and marketing goals include: Boost the sale of goods or services. Increase brand recognition. Increase a business's market share.

It goes without saying that marketing is not for everyone because it is a very difficult career option. That does not preclude it from being your ideal profession, though. In addition to being one of the sectors with the highest growth, marketing offers a wide range of specializations.

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George has been assigned to be the new project manager for our project. He is eager to get off to a good start and wants to identify what activities he should first engage in. How would you advise him to start

Answers

To be an effective manager, George must first perform the work breakdown structure (WBS) in addition to clearly defining the project scope and statement of work.

How to be an effective project manager?

It is essential to plan the project actions that will structure its progress, such as defining the schedule and using resources effectively.

Therefore, the project manager must also implement internal and external risk management to maximize opportunities and prevent negative eventualities.

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When comparing the direct write-off method and the allowance method of accounting for uncollectible accounts, the entry to reinstate a previously written off accounts under the allowance method would include:

Answers

The entry to reinstate a previously written off accounts would include: debiting accounts receivable; crediting to Bad Debt Expense .

What is account receivable?

Account receivable can be defined as the money a company is expected to receive from their client for the service they rendered to the client .

The appropriate  journal entry to reinstate a previously written off accounts is

Debit Accounts receivable

Credit Bad Debt Expense

Therefore the entry to reinstate a previously written off accounts would include: debiting accounts receivable; crediting to Bad Debt Expense.

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Sand Key Development Company has a capital structure consisting of $20 million of 10% debt and $30 million of common equity. The firm has 500,000 shares of common stock outstanding. Sand Key is planning a major expansion and will need to raise $15 million. The firm must decide whether to finance the expansion with debt or equity. If equity financing is selected, common stock will be sold at $75 per share. If debt financing is chosen, 7% coupon bonds will be sold. The firm's marginal tax rate is 34%. Determine the level of operating income at which Sand Key would be indifferent between debt financing and equity financing

Answers

The level of operating income at which Sand Key would be indifferent between debt financing and equity financing is: $5,675,000.

Indifferent between debt financing and equity financing

First step

Number of new shares to be issued = 15,000,000/75

Number of new shares to be issued = 200,000 shares

Total number of shares if equity is issued =500,000+200,000

Total number of shares if equity is issued =700,000 shares

Second step

Total interest expense under Debt option=[(20,000,000×10%)+(15,000,000×7%)]

Total interest expense under Debt option=2,000,000+1,050,000

Total interest expense under Debt option=3,050,000

EPS under Equity option =(EBIT-2,000,000)×(1-0.34)/700,000

EPS under Equity option =(EBIT-2,000,000)×0.66/700,000

EPS under Debt option =(EBIT-3,050,000)×0.66/500,000

Third step

Indifference level operating income  (EBIT)

(EBIT-2,000,000)×0.66/700,000 = (EBIT-3,050,000)×0.66/500,000

Solve for EBIT:

5×(EBIT-2,000,000) = 7×(EBIT-3,050,000)

2×EBIT = 7×3,050,000-5×2,000,000

2×EBIT=21,350,000-10,000,000

2×EBIT=11,350,000

EBIT =11,350,000/2  

EBIT=$5,675,000

Therefore the level of operating income at which Sand Key would be indifferent between debt financing and equity financing is: $5,675,000.

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Understanding how artificial intelligence, big data, and collaborative computing will impact your organization is the challenge of managing for:.

Answers

There is management of technological advances when we need to understand how artificial intelligence, big data and computing impact the firm.

What is a technological advances?

These mean the process of invention, innovation and diffusion of technology in a firm.

These are important to understant to help make decision that will improve use of tachnology in a firm.

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Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?

to organize when to pay to bills
to determine the exact date she can retire
to ensure she's paying her fair share in taxes
to know how much money she has for budgeting

Answers

Answer:

"to know how much money she has for budgeting"
So the answer is: D

Explanation:

Took the test on edge, it's correct,

The best reason for Nina to monitor her bank account statements both online and on her cell phone is to know how much money she has for budgeting.

Why does Nina monitor her account statements?

Nina engages in monitoring her account statements and her cell phone app because she needs to know the amount she has in her bank account.

This will let her know how well her budgeting is going which ensures that her financial goals are met.

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[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -

Answers

All of your answers are correct.

The questions given and their appropriate responses can be seen below:

1. Tech Support is an example of a B2B internet service.

2. Many companies have sophisticated tracking software - Critical incident technique.

3. Reliability is not a characteristic of a service.

4.  Experience qualities is the encounter between service-consumer that occurs during delivery of the service

5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.

6. Gap analysis is the measure of the difference between a customer's expectation.

7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.

8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.

9. John always takes his car to the same place for an oil change - Augmented

10. Response qualities is not a service of quality attribute.

What is Service marketing?

This is defined as  the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.

The answers to the questions given  can be seen appropriately given above.

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I did my homework on the landlord and found out he has a lot of complaints against him from former renters. He never repairs problems in apartments and never gives deposits back without a fight.

Answers

I sorry but what do you mean

Answer:

this is seriously not the app for this...sorry

Wealth is not a scarce resource for most people (true/false)

Answers

Answer:

False

Explanation:

Wealth is scarce.

List some of the things that you believe that are affecting businesses and our economy:​

Answers

Answer:

I believe that the pandemic is what is affecting our businesses and economy

You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in photography, that she will photograph all her subjects wearing your friendship bracelets. You have agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25 percent of the sale proceeds from your bracelets. You didn't register your partnership before, so your original rights are not protected.


False


True

Answers

Answer:

true

Explanation:

B was 42 when the life insurance policy was issued. 42 is referred to as the ______ age of the policy. A

Answers

Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

What is an original age?

In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.

Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

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The process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called ________.

Answers

The process through which analysts sift through massive amounts of available data to identify unique patterns is called data mining.

What is data mining?

Dta mining is the generation of new information by examining large databases that are already in existence.

In data mining, raw data will be eventually turned to useful information which will be used to increase sales, develop marketing strategies, and decrease costs.

Hence, the process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called data mining.

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Standards that represent levels of operation that can be attained with reasonable effort are called.

Answers

Answer:

normal standards

Standards that represent levels of operation that can be attained with reasonable effort; sometimes called normal standards.

How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.

Answers

Advertising your business can be quite costly so for start up businesses this can be hard to finance. This can reduce the business’ economic well being. Alternatively, if you advertise your business well that can bring in a whole new range of customers and their money. So this would increase your business’ economic well being

When designing presentation slides to make them easier to process, you should:.

Answers

When designing presentation slides to make them easier, it's important to use high contrast backgrounds and colors.

What is a presentation?

A presentation simply means talk or speech whereby a new idea or product is explained.

In this case, when designing presentation slides to make them easier, it's important to use high contrast backgrounds and colors.

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Your business paid $10.000 for a one year retainer to a law firm. How much should be expensed via worksheet adjustments each month?

1. $1,000
2. $833.33
3. $10,000
4. It shouldn’t be adjusted

Answers

The answer is it shouldn’t be adjusted.

________ leadership seeks to maintain stability within an organization through regular economic and social exchanges that achieve specific goals for both the leaders and their followers

Answers

Transactional leadership seeks to maintain stability within an organization through regular economic and social exchanges that achieve specific goals for both the leaders and their followers

What is transactional leadership?

Transactional leadership is leadership style with focus on how much reward is obtained from a given task

It leads the people on the basis of their performance in respect to the task given and grant rewards accordingly.

Therefore, Transactional leadership seeks to maintain stability within an organization through regular economic and social exchanges that achieve specific goals for both the leaders and their followers.

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Market failure associated with the free-rider problem is a result of.

Answers

Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.

What is market failure?

Market failure refers to a situation when there's an inefficient distribution of resources in the market.

Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.

Hence, market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.

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Which term does not belong when discussing total taxable income? How do we represent dominant and recessive alleles?. Solve.-14 - (-12) A. -26 B. -2 C. 2 D. 26 A fibrous joint that is a peg-in-socket is called a. 2. Place a check mark beside five guidelines that will help you find a physical activity that is goodfor you (5 points)Choose activities based on a friend's recommendationChoose activities that do not require a lot of skillChoose activities you will probably struggle with because it is good to overcome challengesChoose activities that match your interestsChoose activities that match your physical fitness levelsChoose activities that you can do with othersChoose activities with little to no riskChoose activities based on the equipment available to youChoose activities that might provide the health, fitness, and wellness benefits you want What is the range of the given function?{(-2, 0), (-4, -3), (2, -9), (0, 5), (-5, 7)}{x | x = -5, -4, -2, 0, 2}{y l y = -9, -3, 0, 5, 7}O (x | x = -9, -5, -4, -3, -2, 0, 2, 5, 7}O tyl y = -9, -5, -4, -3, -2, 0, 2, 5, 7} Enzymes _______ the activation energy threshold required to start a chemical reaction.raise lower Some say the world will end in fire,Some say in iceFrom what i've tasted of desireI hold with those who favor fire.But if it had to perish twice,I think i know enough of hateTo say that for destruction iceIs also greatIcritic sya like what do you like about the poem?what problems or flaws did you find in the poem?what can you suggest for the poem to improve?Pleaseeeee pasagotttt poooooo , do you think the United States should have been involved in the Vietnam War? Yes one or no explain High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 14 percent are recognized publicly for their achievement by the Department of the Treasury. Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized? Can Someone Help Me Define These Terms1. God the Father2. Jesus Christ3. Holy Ghost4. Joseph Smith5. Brigham Young6. Moroni7. Lucifer8. The Book of Mormon9. The Doctrines and Covenants10. The Pearl of Great Price11. Celestial Kingdom12. Terrestrial Kingdom13. Telestial Kingdom14. Outer Darkness15. Endowment16. Sealed in marriage17. Sacrament18. Word of Wisdom19. Ward20. TempleI How has sea level changes shaped the surface of the Earth?A. As the sea level rises and falls, it causes shifts in the tectonic plates.This is why we have earthquakes.B. Sea levels rose as huge glaciers melted after the most recent ice age, flooding most of what we now call our continental shelf.C. The changes in the sea level has played no role in shaping Earth.D. As the sea level rises and falls, it creates extreme pressure on tectonics plates, forcing them back into the mantle. Someone who wants extreme changes in government Define a rational number and show that no rational number x belongs to Q satisfies x = 2 The mechanical energy of the diver is the same at every height. What is the mechanical energy of the diver what is emission spectrum and absorption spectrum? In this unit, youre working with a variety of methods for solving quadratic equations. Which method do you prefer over the others? Describe the method in your own words, and give an example of a quadratic equation that could be solved with this method. Show and explain the steps for solving the equation. What should I wear for "Tacky Tourist day" at school I don't want to look bad. I want to impress a boy. The speed of 10 cars on a certain highway stretch was recorded below. If the mean of the data is 63.2 with a standard deviation of 6.2, circle all data values with a z-score less than 0.5.{49, 58, 60, 63, 64, 64, 65, 67, 70, 72} The process whereby union and management representatives negotiate a contract for workers is called:.