Sarah has an absolute advantage in the PRODUCTION OF MUGS. This is because Sarah can produce 32 mugs while Charles in comparison can only produce 25 mugs.
Absolute advantage refers to the capacity of a country or a company or a person to execute a particular economic activity more efficiently than others. Someone who has an absolute advantage will be able to produce a particular good or service at a greater quantity than his competitors using the same resources. In the scenario given above, it can be seen that Sarah is able to produce more mugs efficiently more than Charles in six hours period.
Answer:
The correct response is "145,000
".
Explanation:
The given values are:
Purchased cost,
= $150,000
Expenses,
= $5,000
Selling cost,
= $10,000
Now,
Logan's basis for depreciation will be:
=
On putting the values, we get
=
=
= ($)
Answer:
a 5 percent increase in your grade.
Explanation:
Marginal benefit refers to the additional benefit or utility obtained from consuming one extra unit of a product or service, or doing one extra unit of some type of activity.
For example, the marginal benefit of working out at least 30 minutes per day is that you body will be in better shape and you will be healthier. The marginal benefit of buying one more gallon of gas is that you will be able to drive your car 25 more miles.
Answer:
1. Because poor people are <u>less</u> likely to have adequate healthcare, guaranteeing everyone in society the best healthcare would likely <u>increase</u> equality.
2. Paying laid-off workers unemployment benefits until they find a new job will likely <u>increase</u> equality and <u>decrease</u> efficiency.
3. d. People may over consume healthcare and reduce their effort when searching for a job
Even though guaranteeing the poor adequate healthcare will work to increase equality, it will lead to a situation where healthcare might be overconsumed as too many people will be going to seek medical services because they can now afford it.
If people get unemployment benefits, their immediate needs will be taken care of and they will probably see less of a need to go out and search for a job as a result.
<span>1) D All of the above. A marketing plan should include how you are going to sell the product, where you are going to sell it and who you are going to sell it to.
2) C A value proposition is spelling out the value your product will bring to the world, or the benefits it will provide.
3) C A pitch is a way to get people interested in your business and wanting to learn more.
4) A A pitch should only be the highlights of the business. They do not need to know the origin of the name of the business.
5) B Your potential customer should drive all of the decisions you make about your business.</span>