Answer:
Comparative advantage
Explanation:
Comparative advantage is the point at which a nation creates a decent or administration for a lower opportunity cost than different nations
For instance : oil-creating countries have a relative favorable position in synthetic substances. Their privately delivered oil gives a modest wellspring of material for the synthetic substances when contrasted with nations without it.
Similar preferred position, is a financial hypothesis, first created by nineteenth century British business analyst David Ricardo, that ascribed the reason and advantages of worldwide exchange to the distinctions in the relative open door (costs as far as different merchandise surrendered) of delivering similar wares among nations.
Answer:
It would be types of work that are different than the traditional full-time, commute to the office, 9-5, Monday-Friday job.
Explanation:
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Answer:
The correct answer is option d.
Explanation:
If a demand curve is linear and downward sloping, different points on the line can show different values of slope. The value of slope will be equal to the ratio of change in price to change in quantity demanded. The value of slope will be the same throughout the line.
The price elasticity is the ratio of change in quantity to change in price. The price elasticity can be different for different points on the demand curve.
The points on the lower parts are more inelastic while the points on the upper portion are more elastic. The midpoint represents unit price elasticity.
Since the upper portion is more price elastic, an increase in price will cause a more than proportionate decrease in the quantity demanded. This will cause the total revenue to decrease.
Answer and Explanation:
If we considered the business type that uber begins i.e. lack of the skilled and the experienced professionals. So here we can conclude that with the 36 pf the present employees of the uber that contains women perpetuates with a flawed corporate culture
So as per the given situation, the above represent the explanation and the same should be considered
