Which term describes a situation in which one country can produce a product
at a lower opportunity cost than another country?
A. Deficit advantage
B. Comparative advantage
C. Absolute advantage
D. Surplus advantage

Answers

Answer 1

Answer:

B. Comparative advantage

Explanation:

Comparative advantage is when a country or company can produce goods using fewer resources compared to its rivals. It means the product will cost much less when produced by the country with a comparative advantage.

A comparative advantage means that a country will produce more output of a product when using similar inputs as rivals.  The country or company can, therefore, avail the product in the market at a lower cost. Other countries stand to gain when importing products from countries with a comparative advantage than when they manufacture.

Answer 2

Answer:

B. Comparative advantage

Explanation:

Just got it right on my quiz!


Related Questions

Which department of a business is responsible for creating budgets and
analyses the inflow and outflow of the company's monetary assets?

Research and Development
O Production
O Accounting and Finance
O Marketing and Sales​

Answers

Answer:

Accounting and Finance

I have teechip im 14 trying to make money how do i make people buy my clothing and how do i promote it without money?

Answers

Answer:

you can advertise it through social media jazz your creativity too it will attract more attention if it is unique

explain the components of external environment.​

Answers

Answer:

The external environment is split into two categories: micro and macro. Larger sociocultural influences that impact society as a whole are included in the macro or wide environment. It consists of six elements: the demographic, economic, physical, technological, political-legal, and social-cultural environments.

Explanation:

Hope this helps!

Please mark me as Brainlineast.

Identify the items from the following list that are likely to serve as source documents. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
1. Check
2. Statement of cash flows
3. Ledger
4. Prepaid insurance account
5. Invoice from supplier
6. Income statement
7. Company revenue account
8. Bank statement
9. Purchase order

Answers

Answer:

1. Check

5. Invoice from supplier

8. Bank statements

9. Purchase order

Explanation:

Source documents are used to trace a transaction. The main characteristic of a source document is that it does not originate within the company but needs to be signed or authorized by both the company and a third party such as a bank, a customer, and a creditor or supplier. The above are the only source documents on the given list.

The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and services. B. Equalizing the marginal utility per dollar spent across goods and services. C. The marginal utility per dollar spent across goods and services. D. . E. Maximizing the marginal rate of substitution.

Answers

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

Pls mark brainliest

1. The point at which quantity demanded and quantity supplied are equal:______
2. The financial and opportunity costs con- sumers pay in searching for a good or service:_____
3. A system of allocating scarce goods and services by criteria other than price:_______
4. A sudden drop in the supply of a good:_______
5. Any situation in which quantity supplied exceeds quantity demanded:________
6. Any situation in which quantity demanded exceeds quantity supplied:________
7. A government-mandated minimum price that must be paid for a good or service:_________

Answers

Answer:

1. Market Equilibrium, 2. Interest Rate, 3. Rationing, 4. Supply Shock, 5. Excess Supply, 6. Excess Demand, 7. Price Floor

Explanation:

1. The point at which quantity demanded and quantity supplied are equal: Market Equilibrium

2. The financial and opportunity costs consumers pay in searching for a good or service : Interest Rate

3. A system of allocating scarce goods and services by criteria other than price: Rationing

4.  A sudden drop in the supply of a good: Supply (decrease - leftward shift) shock

5. Any situation in which quantity supplied exceeds quantity demanded: Excess Supply  

6. Any situation in which quantity demanded exceeds quantity supplied: Excess Demand

7. A government-mandated minimum price that must be paid for a good or service: Price Floor (Minimum Support Price)

Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of apples per year and xb bushels of bananas per year is written as (xa, xb). last year, charlie consumed 20 bushels of apples and 5 bushels of bananas.

Answers

Answer:

the question is incomplete:

It happens that the set of consumption bundles  (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB =  150/xA.

I also found the attached graph.

The requirements are:

Is (30,5) ≈ (10,15) true or false? Is (10,15) > (20,5) true or false? Is (20,5) ≥ (10,10) true or false? Is (24,4) ≥ (11,9.1) true or false? Is (11,14) > (2,49) true or false? A set is convex if for any two points in the set, the line segment between them is  also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex  set? Is the set of bundles that Charlie considers inferior to (20,5) a convex set? The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  ______________ ___ of ___________ at that point. Find Charlie’s marginal rate of substitution at the point (10,10). Find Charlie’s marginal rate of substitution at the point (5,20). Find Charlie’s marginal rate of substitution at the point (20,5). Do the indifference curves you have drawn for Charlie exhibit diminishing  marginal rates of substitution?

Answers:

true, they are on the same red linetrue, (10,15) is on the red line while (20,5) is on the blue linetrue, they are equivalent since both are on the blue linefalse, (11,9.1) is on the blue line and (24,4) is on the red linetrue, (11,14) is on the red line while (2,29) is on the blue portionyes, it is a convex set no, they are not a convex setThe slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  RATE of SUBSTITUTION at that point. marginal rate of substitution at (10,10) = -10/10 = -1marginal rate of substitution at (5,20) = -20/5 = -4marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25

The owner of a small convenience store observed that almost all customers paid with credit cards regardless of whether they had cash available, resulting in significant processing charges for the store. The owner began to add a fifty-cent charge to credit card purchases under two dollars, and during the following month, virtually all customers used cash for small purchases while continuing to use credit cards for larger purchases. Nonetheless, during the month after the charge was instated, the average dollar amount of each cash transaction was almost identical to the average dollar amount of each credit card transaction.
The information in the passage most strongly supports which of the following?
A. The average dollar amount spent by customers who did not have cash available was higher after the charge was instated than it had been beforehand.
B. After the charge was instated, customers who used cash for purchases totaling two dollars or more spent more, on average, than customers who used credit cards for these purchases.
C. The average dollar amount spent in each cash transaction at the convenience store was lower after the charge was instated than beforehand.
D. A significant majority of purchases made at the convenience store during the month after the charge was instated were made using credit cards.
E. Prior to the charge, the average amount spent on credit card transactions was higher than the average amount spent on cash transactions.

Answers

Answer:

B. After the charge was instated, customers who used cash for purchases totaling two dollars or more spent more, on average, than customers who used credit cards for these purchases.

Explanation:

Since the average transaction remained almost unchanged, that means that customers who used to spend $2 or less are now spending more on average. Assuming that customers that purchase higher amounts didn't change their habits, the only way that the cash purchases equal credit card purchases is that people paying in cash buy more things.

E.g. there are 20 transactions worth more than $2 which are paid using a credit card, so the average transaction is more than $2. In order for cash purchase to have a similar mean, the some transactions will be less than $2 but other transactions must be higher in order to increase the mean of cash purchases: 15 cash transactions worth $1 and 5 cash transactions worth $6, mean cash transaction = $2.25.

Select three things are included in a product requirements document.(more than one answer)

[ ]customer stories
[ ]request for proposal
[ ]service providers
[ ]business plan
[ ]market data

Answers

Answer:

b d e

If i am wrong i am sorry

The correct answers are B,D, and E.

B. request for proposal

D. business plan

E. market data

According to the video, what tasks commonly are performed by Cashiers? Check all that apply.

creating advertisements
receiving money
totaling bills
giving receipts
delivering products to customers’ homes
weighing produce and bulk food

Answers

Answer:

receiving money

totaling bills

giving receipts

Explanation:

Cashiers are workers stationed at cash registers. Their role revolves around receiving money, issuing receipts,  and disbursement of correct change as required. Cashiers work in many institutions, especially in the retail industry.

Cashiers' main task is to collect payment from customers. They have to be accurate when issuing receipts and giving back change. Cashiers have to reconcile their register at the end of the day.

Answer:

bcd

Explanation:

Craig was scheduled to attend a meeting about a new project, but the flu kept him at home. What can Craig do to catch up on the outcome of the meeting once he has recovered?

Answers

Answer:

Read the minutes from the meeting

Explanation:

At every formal meeting, there someone assigned to take minutes of the proceedings. The minutes detail the discussion and resolutions made at the meeting.

Once Craig has recovered, he should make efforts to get a copy of the minutes. By reading the minutes, Craig will be up to speed with the outcome of the meetings.

Price elasticity of demand is a measure of how sensitive, or responsive,
are to change in price. *
A) Producers
B) Bankers
C) Consumers
D) Regulators

Answers

Answer:

hey.. follow me.. follow me.. follow me...

Explanation:

follow me follow me..

Listed below are several transactions that took place during the second and third years of operations for RPG Consulting.
Year 2 Year 3
Amounts billed to customers for services rendered 390,000 490,000
Cash collected from credit customers 300,000 440,000
Cash disbursements:
Payment of rent 84,000 0
Salaries paid to employees for services rendered during the year 144,000 164,000
Travel and entertainment 34,000 44,000
Advertising 17,000 39,000
In addition, you learn that the company incurred advertising costs of $29,000 in year 2, owed the advertising agency $5,400 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.
Required:
1. Calculate accrual net income for both years.
2. Determine the amount due the advertising agency that would be shown as a liability on RPG’s balance sheet at the end of year 2.

Answers

Answer:

1.                                              Year 2          Year 3

Revenues                            $390,000    $490,000

Expenses

Rent                                     $42,000       $42,000

Salaries                                $144,000     $164,000

Travel and entertainment    $34,000      $44,000

Advertising                           $29,000      $21,600

Net Income                          $99,000      $260,400

2. Advertising liability at end of year 2 = $29,000 - ($17,000 - $5,400) = $29,000 - $11,600 = $17,400

Working

Advertising Expenses

Debit                            Credit

                                    Balance B/d                       5400

Bank               17000    Profit and Loss account 29000

Balance c/d 17400  

Total                34400   Total                                  34400

Advertising Expenses

Debit                     Credit

                                  Balance B/d                      17400

Bank     39000    Profit and Loss account   21600

Balance c/d  0

Total            39000    Total                                  39000

True or False? Conditional formatting in Excel can make it difficult to identify data that satisfy certain conditions in a data set.

Answers

Answer:

False

Explanation:

Conditional formatting is a special feature in excel spreadsheets that allow the application of specific modification to cells that meet certain criteria.
It is most commonly used to highlight color, emphasize text or heading, and differentiate data from information stored in a spreadsheet.

Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."

Answers

Answer:

Some of the characteristics of successful leaders are that they must be able to direct, guide and commit their employees. In this example, Barbara is just doing that, she is telling her employees what will be done in a way that they both agree upon and believe it is a good option.

She was able to stop an argument that could eventually lead to more serious problems within the organization and provided a solution that satisfied both parties.

1: List three policy making groups of the Federal Reserve?
2: which banks are members of the fed?
3: the fed is owned by?

Answers

Answer:1- the board of governors, the federal reserve bank also know

as ( Reserve bank), And the federal open market committee

2- Approximately 38 percent of the 8,039 commercial banks in the United States are members of the Federal Reserve System.

3- The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank.

Explanation:

idk answer might Be wrong

Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D

Answers

Answer: the correct answer is A

Explanation:

Answer:

A

Explanation:

I will give the right answer brainliest. Choose the option that best matches the description given.

_____ try to influence legislation and help human services organizations to achieve their goals.

1. Legislative aides
2. Lobbyists
3. Lawyers

Answers

Answer:

2. Lobbyists

Explanation:

A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation.  In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.

Answer:

Lobbyists

Explanation:

Candace works for a small marketing firm that focuses on ads that pop up on social media web pages. Candace most
likely works in
O Marketing Research.
O Professional Sales.
O E-Marketing.
O Distribution and Logistics.

Answers

Answer:

O E-Marketing.

Explanation:

E-marketing is Electronic marketing. It is also known as online marketing and refers to marketing done through the internet.  E-marketing combines traditional marketing concepts with modern technology. It involves marketing a company's products and services through the internet using computers and mobile devices as mediums.

Answer:

E-Market

Explanation:

Did on edge

Make a brief description of each one 1. Exchange rates 2. Pyramid of Maslow 3. Basic needs 4. Self-realization 5. Entrepreneurship 6. SWOT analysis 7. Fixed costs 8. Variable costs 9. added value 10. Market research plz is for today

Answers

Explanation:

1. Exchange rates: the value a currency possesses when been transferred from one to another.

2. Pyramid Maslow: Maslow pyramid is used to show the heir-achy of human needs, with the most basics needs like safety, food water at the bottom. And more complex needs like self-realization at the top of the pyramid.

3. Basic needs: This are what humans needs for its day to day survival e.g shelter, water, food.

4. Self-realization: this is the discovery of oneself, achieving your full potential.

5. Entrepreneurship: this is a process where by you discover, design and launch a business idea so as to make gain.

6. SWOT analysis: this is a market survey carried out to discover your potential market(customers) where SWOT stands for Strength, Weakness, Opportunity and Threat. You study your competitors weakness, threats against the strengths of your own product and you seize the opportunity to introduce your product to the market.

7. Fixed cost: this are cost which are fixed e.g rent, interest rate, e.t.c.

8. Variable cost: this is a cost which is determined by factors which are put into producing an output e.g labor, raw materials.

9. Added value: this is the difference between the cost price and selling price of a goods or service.

10. Market research: this is a survey carried out on a potential market to know its customers, competitors e.t.c.

21. A small object is placed at right angles to the axis of a fixed concave
mirror so as to form (i) a real (ii) a virtual image, twice as long as the
object. if the radius of curvature of the mirror is 40cm, what is the
distance between the two images?
Ans: 60cm
om
chat and in ito​

Answers

Answer: 60 cm

Explanation:

Given that:

Radius of curvature (R) = 40 cm

Radius of curvature is 2 tines the Focal length:

Focal length (f) = 40/2 = 20

Object distance = u

Image distance = v

Image (v) = 2u

1/v + 1/u = 1 /f

1/2u + 1/u = 1/20

(1 + 2) /2u = 1/20

3 / 2u = 1/20

2u = 60

u = 60/2

u = 30 cm

v = 2u

v = 2(30)

v = 60 cm

Which tasks are commonly done by employees in the Energy cluster? Check all that apply.
installing equipment
performing inspections
interpreting technical plans
manufacturing gauges
designing systems
following schedules
gathering information

PLEASE HURRY TIMED TEST I WILL GIVE 20 POINTS

Answers

Installing equipment
Manufacturing gauges
And designing systems.
Hope this helped xxxx

Answer:

a, d, and e

Explanation:

FIRST ANSWER GETS BRAINLIEST!
(If you answer with nonsense, brainliest will go to the other person)
Personal & Family Finance


You have closed an account due to fraudulent activity. What else should you do to BEST protect yourself?


A) Change all of your passwords and PINs.


B) Do not put anything about the closing of the account in writing.


C) Put a permanent credit freeze on your credit report.

Answers

Answer:

C

Explanation:

Answer:

A) Change all your passwords and pins

Explanation:

when you do this, you better secure your information to keep unwanted hackers out, if you change your passwords and pins, hackers will need to figure out what the new codes are

the answer is not C) put a perm freeze on your account- becuase though it does stop anyone from using your information to make new accounts, it also stops YOU from making any new accounts as well, a freeze can be a temporary fix -i.e. to buy you more time to secure things and figure out whats going on-, but not perminant

hpe this helps you out, sorry if im a little late on answering

Which of the following is the "riskiest" investment?

a. а CD
b. a blue-chip stock
c. a growth stock
d. a corporate bond

Answers

Answer:

d

Explanation:

What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records

Answers

Answer: B: test products such as drugs and automobiles for safety

Explanation: âpex learning

I work at a company, and my boss wants me to hand out flyers and get people's names and numbers. But lately i haven't been getting many numbers. Any tips?

Answers

Answer: Social Media!

Explanation:

You can create an online flier and post it on your social media account or a work account, you can ask people to give names and numbers onto a calling list. Something like this could work: “At my job, I need to hand out fliers for <what the fliers are about> and I need names and numbers, can someone help?”

refers to the buying and selling of products and services
through an electronic medium such as the internet

O E-commerce
O Money orders
O Telegraphic money transfers
M-money​

Answers

Explanation:

E commerce refers to the buying and selling of products and services through an electronic medium such as the internet.

Scenario D. Luxe Slumber is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, Ana is performing the function of a(n) ________ manager.A. strategicB. frontlineC. operationsD. top-levelE. tactical

Answers

Answer:

A)strategic

Explanation:

From the question we are informed about Scenario D. Luxe Slumber who is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, In this case Ana is performing the function of a strategic manager. A Strategy Managers is essential in organization in order to achieve the goals of the organization, the manager helps in reviewing of the organizations so that strengths as well as the weaknesses and operational effectiveness of the organization can be determined. The strategy manager can help the organization in making

recommendations after considering internal and external factors in order to minimize risks, he can as well formulate plans that can help the organization's long-term goals to be achieved.

James Smith recorded the following transactions during the month of April. Apr. 3 Cash 1,400 Service Revenue 1,400 16 Rent Expense 400 Cash 400 20 Salaries and Wages Expense 150 Cash 150 Post these entries to the Cash account of the general ledger to determine the ending balance in cash. The beginning balance in cash on April 1 was $1,900. (Post entries in the order of journal entries presented in the question.) Cash choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction date enter a debit amount choose a transaction date enter a credit amount choose a transaction date enter a debit balance choose a transaction date enter a credit balance.

Answers

Answer and Explanation:

The computation of the ending cash balance with the help of the cash ledger is presented below:

Cash account

Date   Particulars           Amount            Date    Particulars         AMount

April 1   Beg. Balance    $1,900             April 16  Rent expense   $400

April 3  Service revenue $1,400           April 20 Salaries & wages

                                                                             expense              $150

April 30 Ending balance $2,750

While planning a new product launch, Cassandra knew that the art department was ready to work on the promotional pieces right away. But they are not able to start until the strategy group established the price point and the purchasing group obtained the paper needed to make the promotional piece. Establishing price points would take about a week and was dependent on manufacturing getting the costs to the strategy group. This was expected a week from today. The purchasing group indicated the paper could be obtained locally the same day it was requested. Based on this information and assuming things go according to plan, when will the art department be able to begin work on the promotional pieces?
A. 1 weekB. 1 monthC. 1 dayD. 2 weeks

Answers

Answer:

A. 1 week

Explanation:

This is true due to the fact that, Cassandra knew it would take about 1 week to establish the price point in the new product which she is planning to launch.

For the extra week it would have taken to get the paper could not hold again due to the fact that, it was already established that, it would take same day to get same paper rather than waiting for the paper to get to the strategy group in one week.

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