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2 years ago

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

1 answer:

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

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The following information is for S&P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V

prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense $15,000

Variable administrative expense $6,000

Fixed administrative expense $18,000

Total period Cost $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000

Fixed selling expenses $15,000

fixed admin expenses $18,000

Total fixed cost $63,000

We simply added all the above items

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3 years ago

_____ in the emails serve the same role that headlines do in newspapers and magazines.

Anastaziya [24]

Subject lines in the emails serve the same role that headlines do in newspapers and magazines.

Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.

Learn more about emails at brainly.com/question/16936700

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2 years ago

Blake Company purchased two identical inventory items. The item purchased first cost $17.00, and the item purchased second cost

BaLLatris [955]

Answer:

Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.

Explanation:

Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.

True as under weighted average:

(17 + 18) / 2 = 17.50

the ending inventory will be one unit valued at $17.50

while under FIFO the 17 dollar unit was sold and declare cost

while the second is keep under ending invenotry at $18.00

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3 years ago

A symbol or mark may act as an individual's signature as per the Statute of Frauds and the UCC's requirement that a written cont

jenyasd209 [6]

Answer:

True

Explanation:

The Statute of Frauds requires some type of contracts to be put in writting. Some of theses agreements includes: any goods worth $500 or more, sale of land and contracts that can exceed a year. Statute of frauds is gotten from an Act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins.

One of the requirement of the written agreements under the Statute is that the signature of both parties involved in the agreement is needed.

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3 years ago

Read 2 more answers

Absorption costing income would be ____ variable costing income. a. $150,000 less than b. $150,000 greater than c. $240,000 less

Dafna11 [192]

Answer:

E. None of the above

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3 years ago