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Dafna1 [17]
2 years ago
9

British economist David Ricardo argued that states should trade based on their _____, whereby each state produces and exports th

ose products that it can produce most efficiently relative to other states.
Business
1 answer:
kkurt [141]2 years ago
6 0

British economist David Ricardo argued that states should trade based on their comparative advantage, whereby each state produces and exports those products that it can produce most efficiently relative to other states.

Along with Robert Malthus, Adam Smith, James Mill, and other notable classical economists, David Ricardo was a British political economist. He was also a politician and a member of the British and Irish Parliament.

According to Ricardo's renowned comparative advantage theory, countries can benefit from a trade advantage by concentrating on producing items that have the lowest opportunity costs when compared to those of other countries.

Learn more about comparative advantage theory here brainly.com/question/14280090

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Svetradugi [14.3K]

it's important to invest so you can have a better life once that thing you invested in makes you money and not all of them do so keep that in mind

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3 years ago
hatch pattern optimization of powder bed fusion additive manufacturing process for minimizing flatness error
Akimi4 [234]

In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product. Optimization of process parameters is one of the ways to achieve desired quality of a part.

In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product.

Optimization of process parameters is one of the ways to achieve desired quality of a part. Finite Element Method (FEM) and machine learning techniques are applied to evaluate and optimize AM process parameters. While FEM requires specific information, Powder Bed Fusion Machine Learning is based on big amounts of data. This paper provides a conceptual framework on combination of mathematical modelling and Machine Learning to avoid these issues.

Learn more about Powder Bed Fusion here

brainly.com/question/28322914

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8 0
2 years ago
On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% a
stellarik [79]

Answer:

35% of sales(say $2,000,000) in April

$700,000

Explanation:

Step one :

Assuming that the sales made for April is $2,000,000

According to the conditions in which money is collected 35% of sales made for a month is collected for the month

For april the expected amount

=35/100*2,000,000

=$700,000

4 0
3 years ago
Read 2 more answers
Computer game companies constantly monitor computer game-related blogs keeping track of the latest hot products, because they kn
yarga [219]

Answer:

benefit of staying relevant within the market

Explanation:

Based on the information provided within the question it can be said that this perspective that the Company has taken gives them the benefit of staying relevant within the market. This is because by providing gamers with new and great products, they are giving them exactly what they want which will in term increase sales/profits for the company as well as attention from potential customers.

If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts r
skelet666 [1.2K]

Answer:

(a) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 3,041

Dr Bad Debt Expenses                      $10,150

  Cr Allowance for doubtful debt      $10,150

(b) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 918

Dr Bad Debt Expenses                      $14,109

  Cr Allowance for doubtful debt      $14,109

Explanation:

The Allowance for Doubtful Account will have the Balance of : 439,700 x 3% = $13,191

(a): Bad Debt Expenses needs to be recorded: 13,191 - 3,041 = $10,150

(b): Bad Debt Expenses needs to be recorded: 13,191 + 918 = $14,109

3 0
2 years ago
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