Answer: Absolute Advantage.
Explanation:
The countries Cretonia and Fredonte posses absolute advantage in the areas of production of Zhytan and Creosote. Absolute Advantage is the ability of an individual/organization/country to produce more of a product than their competitors within a given time period.
The current principal balance is $74, 693.24
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Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.
Explanation:
The options are:
A. most customers are likely to agree on a single product configuration.
B. customers prefer to upgrade their products by replacing their entire system.
C. customers are willing to pay a premium price for extreme customization and personalization.
D. customers have heterogeneous demands which are expected to be met in a cost-effective way.
Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.
Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.
Answer:
A. cause and effect
Explanation:
Based on the scenario being described within the question it can be said that the structure that is being mentioned is known as cause and effect. This basically refers to a structure in which the action or cause is written and detailed out on one side while the result/effect is written and detailed out on the opposing side to indicate a connection between both.
Answer:
An import tarif
Explanation:
An import tariff is a type of tax levied on the product bought from foreign nations. Tariff restricts the volume of goods and services brought into the country and making them expensive in the local market. Import tariffs serve as a source of revenue to the government and protect locally manufactured goods from unfair competition by imports.
The 25 percent tax imposed on all SUVs is an example of an import tariff. The person of the firm importing the vehicle must pat the government an amount equivalent to 25 percent of the value of SUV. Import tariffs make importing unattractive, thereby encouraging the consumption of domestic products.
