All categories

2 years ago

What is the benefit in reaching the absolute advantage in the production of one good?

1 answer:

7 0

The benefit in reaching the absolute advantage in the production of one good to produce more units of a good than other countries. Option A is correct.

<h3>What is the absolute advantage?</h3>

The ability of a party to produce a good or service more efficiently than its rivals is the foundation of the principle of absolute advantage. This idea or principle was first introduced in 1776 while covering international trade and using labor as the sole input.

Therefore, option A is correct.

To learn more about the absolute advantage, refer to:

brainly.com/question/13221821

#SPJ1

You might be interested in

The _____ measures the dollar value at current market prices of all final goods and services produced annually by factors of pro

vlabodo [156]

Answer:

A) gross national product (GNP)

Explanation:

The gross domestic product (GDP) measures the market value of the total production of final goods and services produced within a country during a year.

The GNP is different because it measures the market value of the total production of goods and services produced by the people or businesses of a country within a year. For example, sales of Apple products in Europe do not increase the GDP, but they increase the GNP.

8 0

3 years ago

Replay Sports Stores and SportsPower Products, Inc., enter into a contract for a sale of trampolines. SportsPower Products is a

olga55 [171]

Answer: Automatically

Explanation: The warranty of merchantability could be explained as a guarantee that a product purchased will meet the usual and regular standard or requirement of such product. Under the Uniform Commercial Code, the warranty of merchantability is implied as this automatic unless the defects in the regular nature or specification of the product is clearly stated. In the scenario above, the warranty of implied merchantability automatically arises in the sale of the trampolines and as such, the trampoline must meet the regular standard of the product since no defect is explicitly stated in the regular specification.

4 0

3 years ago

Ayayai Inc. had the following balance sheet at December 31, 2019.

Mrrafil [7]

Answer:

(a) Increase in cash = $50,200

(b) Total Assets = Liabilities and Stockholders' Equity = $298,900

Explanation:

Note: There are errors as date and name inconsistency in the requirements in this question. The requirements are therefore correctly stated before answering the question as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

The explanation of the answer is now provided as follows:

(a) Prepare a statement of cash flows for the year 2020 for Ayayai Inc.

Note: See part (a) of the attached excel file for the statement of cash flows for the year 2020 for Ayayai Inc.

In the attached excel file, we have:

Increase in cash = $50,200

(b) Prepare the balance sheet as it would appear as of December 31, 2020.

Note: See part (b) of the attached excel file for the balance sheet as it would appear as of December 31, 2020.

In the attached excel file, we have:

Total Assets = Liabilities and Stockholders' Equity = $298,900

Download xlsx

8 0

3 years ago

A positive result from the scientific management approach is an increase in _______ productivity.

nirvana33 [79]

A. Social thats the answer

6 0

3 years ago

Read 2 more answers

Klamath+corporation+has+asset+turnover+of+3.5,+a+profit+margin+of+5.2%,+and+a+current+ratio+of+0.5.+what+is+klamath+corporation'

NARA [144]

Klamath corporation has insufficient information to find ROE.

Return on equity (ROE) is the degree to of an agency's internet earnings are divided by using its shareholders' equity. ROE is a gauge of a corporation's profitability and how successfully it generates one's income. The better the ROE, the higher an employer is at changing its fairness financing into income.

ROE is used while evaluating the monetary performance of agencies within the identical enterprise. it's far a measure of the capability of management to generate earnings from the equity available to it. A go-back of between 15-20% is considered good.

The return on equity is a degree of the profitability of an enterprise with regard to fairness. Because shareholder's equity may be calculated with the aid of taking all belongings and subtracting all liabilities, ROE also can be the idea of a return on belongings minus liabilities.

ROE=Profit margin*Total asset turnover*Equity multiplier

Hence since Equity multiplier data is not given.

Learn more about ROE here: brainly.com/question/26849182

#SPJ4

4 0

2 years ago