Answer:
The correct option is: Males average $222.78 more than females in monthly salary
,
Explanation:
The results for the variable gender show that Males average $222.78 more than females in monthly salary because the coefficient for gender is 222.78 and male is coded as gender = 1. Therefore, male's average salary is $222.78 more than female's average salary.
Answer:
Comparative advantage.
Explanation:
Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .
Specialization is about concentrating on producing a few products in order to
build brands , expertise and gain maximum productivity leading to a reduction in selling price and a comparative advantage.
The correct answer is technological discontinuity.
This term refers to a period of great scientific advancement which leads to a breakthrough when it comes to technology. So, when the digital camera was created, this company had to keep up with the times so as not to lose its advantage over its competitors. <span />
Answer:
consumers
Explanation:
The consumers of any given market are the ones that finally pay the increase of prices driven by inflation.
Inflation means that there is an increase in the prices of goods and services per year. This increase affects all the actors in a given economy but in the bottom-line consumers are the ones that pay these increment in prices.
Answer:
Explanation:
Determination of cost of timber
Cost of timber per acre
(1,352 - 312) = 1040
Cost per board feet of timber
<u>1040 </u>
8320
Cost of timber sold related to depletion in 2020
884,000 board feet × <u>1040 </u>
8320
= $110,500
