Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.

Answers

Answer 1

Answer:

Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.

Explanation:

The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.

This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.


Related Questions

Page:
International employment has played
on important role to solve unemployment
problems in Nepal.” Justify the statement​

Answers

Answer:

This means that Nepal, as a very underdeveloped country, lacks the necessary amount of domestic capital to build a healthy and functional economy, and for this reason, it requires international help in the form of foreign direct investment that can supply more capital to the country, capital that is used to set up new companies and investment projects that employ more Nepalese people.

The legal form of business ownership that is owned by two or more people is a ____
a) corporation
b) partnership
c) sole proprietorship
d) limited liability company
PLEASE HURRY FIRST CORRECT ANSWER GETS BRAINLIEST AND 15 POINTS

Answers

Answer:

b

Explanation:

partnership

Which people in government and public administration act as first responders during emergencies?
Law enforcement professionals, such as ________, act as the country’s first responders during emergencies, such as natural disasters.

Answers

Answer:

see below

Explanation:

Law enforcement professionals, such as state police offices, general law enforcement officers, firefighters, emergency medical technicians (EMT's) paramedic act as the country's first responders during emergencies, such as natural disasters. In some situations, the U.S. marshals, deputy marshals, and the military also respond to emergencies.

The principal responsibility of law enforcement officers is to protect citizen's lives and property. In times of emergencies, law enforcement agencies are expected to execute their mandate with care and speed.

what are some advantages of using a Credit card the right way?

Answers

it builds your credit score

Beyond convenience, advantages of credit cards include:

Opportunity to build credit.

Earn rewards such as cash back or miles points.

Protection against credit card fraud.

Free credit score information.

No foreign transaction fees.

Increased purchasing power.

Not linked to checking or savings account.

You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel the second employee has done outstanding work, and you want to give her a $3,000/year raise. The company has limited you to a total increase in payroll of 5% for next year. How much of a raise can you afford to give to the first employee if you give the second employee a $3,000/year raise?

Answers

Answer:

Zero,( no raise at all)

Explanation:

The total labor cost for the two employees is

=$36,000 + $24,000

=$60,000

If only 5% of increases in payroll is approved, the actual increase

=5/100 x $60,000

=0.05 x $60,000

=$3,000

If the second employee is to get a raise of $3,000 per year, then the first employee will not get any raise.

In the first eight days after its release, how many Nintendo Wii systems were sold?

Answers

Answer

600,000 units

Explanation

Nintendo Wii sold 600,000 units of its new Wii video game console in the first eight days after its release in the Americas, as the company vies with rivals Sony Corp.

NEED HELP ASAP

Complete the following sentence.

Chronological, functional, and targeted are just a few of the many formats for writing a _____.

Answers

Answer:

I think it's a story/book

Explanation:

because it's the only thing I can think of when I think of the words chronological, functional, and targeted.

which of these is an official policy act of government against each other?

a) boycott
b) embargo

Answers

Embargo is the answer

Help PLEASE!!!

Joel works as a customer service representative in an electronics store. A customer has a complaint regarding a technical aspect of the computer
he bought from the store two weeks ago. Although Joelis familiar with the specifications of the computer, he is fully equipped to help the
customer with the complaint. Assuming that Joel possesses good customer service skills, which action should he toket

A. use the internet to find the required information and help the customer
B. ask the customer to wait while he has a meeting with his manager
C. help the customer contact the store's engineer who can provide help regarding technical issues
D. ask all members of his staff whether they have a solution to the customer's problem
E. politely tell the customer that nobody could possibly solve the problem

Answers

Answer: C

Explanation: since she is customer support the obvios (god i cant spell sometimes) thing to do is connect them to a engineer who can help them. you could also do process of elimination A: they probaly did search the internet already B: why the manager? wouldnt someone like an engineer have better insight on this? C: Engineers have the most expertise in this area so they can help fix the problem. D: sure this could help but its not as sure as asking the engineer

ANSWER: C

Joel being as a customer service representative in an electronics store shall help the customer contact the store's engineer who can provide help regarding technical issues. Option C is correct.

What is Customer Service Representative?

Customers who have inquiries, requests, or concerns regarding goods or services they have received from the business are assisted by a customer service representative.

At every stage of the process, they give priority to the demands of the clients and offer solutions that are tailored to those unique circumstances.

Essential Characteristics of an Outstanding Customer Service Representative has problem-solving abilities. The most important trait for providing outstanding customer service is problem-solving, followed by clear communication, friendliness, empathy, business savvy, goods knowledge, and strong time management.

Thus option c is correct.

Learn more about Customer Service Representative refer:

https://brainly.com/question/20910726

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What is a 401 (k) retirement plan? I NEED HELP:(

Answers

Answer:

-an employer sponsored retirement plan that allows a worker to save for retirement while deffering income taxes on the saved money or earnings until withdrawal.

Explanation:

just cause homie

A 401(k) retirement plan is a retirement plan sponsored by the employer where he or she deducts a small percentage of the gross pay of the employee.

What is the significance of the 401(k) retirement plan?

A 401(k) retirement plan can be referred to or considered as a plan where the employer contributes a fixed and a small proportion from the gross pay of the employee until the time he or she serves to the company of the employer.

An employee is free from paying any kind of taxation amount over the monies he or she has saved in a 401(k) retirement plan. However, the taxation is not a liability only until the employee makes a withdrawal.

Therefore, the significance regarding a 401(k) retirement plan has been aforementioned.

Learn more about 401(k) retirement plan here:

https://brainly.com/question/13500098

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I need help please n thanks

Answers

Answer:

The first foundation is called THE foundation  You need to maintain a accurate balance so you can keep track

Explanation:

why only 4 percent manage to succeed in business of company ??​

Answers

Answer:

A lot of businesses don't succeed due to money problems, or no customers.

Explanation:

It takes tons of money to build up a business, its hard to get people to work for you, you’ve got to pay people to do things, it costs a ton. it’s hard!

What are Advantages of having good Credit Score? Choose the best three that apply.

Saving on Insurance rate
Car loan Interest rate
Getting in to a Good College
Getting a Good Cell phone Plan

Answers

I’m pretty sure it’s
-saving on insurance
-car loan
-getting good cell phone plan

According to the article, how can you guarantee that your talk or speech will be interesting to your audience? Is this good advice? Why or why not? Justify your response.

Answers

Answer:

7 c's of communication

Explanation:

Talk or speech needs to be interesting for audience, to attain the desired goal of communication.

The public communication would be effective & interesting ; if it satisfies 7 c's of communication - Clear, Concise, Correct, Coherent, Complete, Courteous, Considerate.

Communication not satisfying one or many of above C's is likely to be ineffective &, or uninteresting for audience

PLEASE HELP ME!!!!! I need to know the best ways to make a small business known. I just started a small Scentsy® business with my mom. I don't do social media and my moms is mainly her private friends even though it is public.

Answers

Answer:

Buy ads and get social media

Explanation:

Car dealer ben carte paid 97 percent of the base price of 22,567. he also paid 93 percent of options totaling 3,465. and a destination charge of $650. what is the dealers cost

Answers

Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01

Controling does not require any process comment

Answers

what’s the question?

It's 2021! Happy new year! How do you like this new year so far?

Answers

Answer:

its okay i guess..

Explanation:

Sor far my year is going amazing!

Question 5 of 10
One example of a short-term savings strategy is:
A. a free checking account.
B. an employer-sponsored 401(k) plan.
C. a low-interest bank account.
D. a high-risk stock market investment.

SUBMIT

Answers

Answer:

A. a free checking account.

Explanation:

Saving involves putting money aside in a safe place for future use. Banks and financial institutions offer saving accounts as safe and secure platforms for firms and individuals to save.

A checking account is among the types of savings accounts offered by financial institutions. This type of savings account allows customers to save money that they do not wish to spend immediately. A checking account is risk-free and, therefore, a good strategy for short term saving.

Answer:

a low-interest bank account.

Explanation:

i got this right

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