1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pashok25 [27]
2 years ago
5

According to Adam Smith, a country has an absolute advantage in the production of a product when it _____.

Business
1 answer:
Zolol [24]2 years ago
3 0

According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

<h3>What is production?</h3>

Production can be defined as the process of manufacturing goods or product.

A country  can have an advantage in the production of a product  over other country when the country is good at what the produce and they are  efficient in  producing the product because they produce a desired result , with this other country will be attracted to what this country produce.

Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

Learn more about production here:brainly.com/question/16755022

You might be interested in
Assume that the company produces and sells 92,000 units during the year at a selling price of $7.37 per unit. Prepare a contribu
anyanavicka [17]

Answer:

1. MS Excel File is attached for the solution. Please find that.

2.                   Contribution income statement for the year

                                                                   $      

         Sales (45000 x 16 )                   720,000

Less: Variable Cost (45,000 x 6)       <u>270,000</u>

         Contribution Margin                 450,000

Less: Fixed Cost                                  <u>300,000</u>

         Net Income                                <u>150,000</u>

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
0ad3c4067ef6fb5654d4f915cc4a8fbe.png
7 0
3 years ago
Record the following transactions on the books of Wildhorse Co. (Omit cost of goods sold entries.) (Credit account titles are au
Alla [95]

Answer and Explanation:

The journal entries are shown below:

a. Account receivable Dr $25,000

           To Sales revenue $25.000

(Being goods sold on account)

b. Sales returns & allowance Dr $2,500

        To Account receivable $2,500

(being returned goods is recorded)

c. Cash Dr $21,825

   Sales discount Dr ($22,500 × 3%) $675

          To Account receivable ($25,000 - $2,500) $22,500

(being cash is recorded)

8 0
3 years ago
Que representa el número atómico​
Ber [7]

Answer:

es el número total de protones que tiene cada átomo

Explanation:

3 0
3 years ago
N _____, managers and their subordinates meet whenever the need to discuss ongoing progress and areas for improvement arises.
Finger [1]
The executive team, the administration board and the shareholders meet with the rest of the departments when there is need to adress matters concerning the firms productivity 
6 0
4 years ago
Mike wants to study why men choose to go into nursing careers. He theorizes that these men have decided that the benefits of nur
Alex

Answer:

Rational Choice Theory

Explanation:

The philosophy of rational choice is predicated on the idea of optimizing the human benefit for personality-interest.

In this Situation, Mike confused between nursing and other career options will studying, mike uses Rational Choice Theory  , between better pay Options and long working hours.

This theory also reflects a high demand for human benefit over the good payoff.

7 0
3 years ago
Other questions:
  • On January 1, 2019, Shay Company issues $290,000 of 11%, 20-year bonds. The bonds sell for $282,750. Six years later, on January
    7·1 answer
  • Suppose an apartment complex converts to a condominium, so that the former renters are now owners of their housing units. Suppos
    7·1 answer
  • An organization whose members can buy and sell securities for companies and investors is known as a:
    12·1 answer
  • _____ customer relationship management (CRM) includes systems used for automating the fundamental business processes and for int
    5·1 answer
  • Consulting life (10 points) Mt. Kinley is a strategy consulting firm that divides its consultants into three classes: associates
    14·1 answer
  • Explain the factors affecting fixed capital and working capital​
    7·1 answer
  • 50 Brainly points plz help
    14·1 answer
  • At what credit score range do you think it’s unlikely that banks would offer you a loan or credit card?
    8·2 answers
  • Vitale Hair Spray had sales of 13,000 units in March. A 70 percent increase is expected in April. The company will maintain 30 p
    13·1 answer
  • NO LINKS NO LINKS NO LINKS
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!