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2 years ago

1 pts

Business

1 answer:

Artyom0805 [142]2 years ago

8 0

Maria has an absolute advantage.

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

A person has absolute advantage in the production of a good or service if he produces more quantity of a good when compared to other people using the same or similar production resources. The concept of absolute advantage was introduced by Adam Smith, a Scottish economist in 1776 when he used it in the context of international trade.

For example, let's assume that Maria can produce 100 cobs of corn on 1 acre of farmland and Lance can produce 10 cobs of corn on 1 acre of farmland. Maria has an absolute advantage in the production of corn because she produces more quantities of corn when compared with Lance.

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tresset_1 [31]

A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.

<h3>What is a Cross-functional team?</h3>

This means the groups of people from various departments in an organization that work together to achieve a common goal.

Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.

Therefore, the Option B is correct.

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2 years ago

Which of the following is a step in the creation of an Operational Definition?

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Explanation:

Recall the quote in the "first step" section of this site, "You can manage, what you can measure; you can measure, what you can define; you can define, what you can understand". ... It helps us build a clear understanding of a concept or a phenomenon so that it can be unambiguously measured.

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3 years ago

Suppose yasmine and mercedes are the only two consumers in the market. when the market price falls from $12 to $6, the quantity

mrs_skeptik [129]

I suppose it's 15 units.

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3 years ago

Stephanie, a manager, came into your office last week to complain about her employees. "I just don’t get the respect I deserve,"

Grace [21]

Answer:

A. Coercive

Explanation:

Stephanie, the manager seems to be demanding respect from her subordinates in a forceful way.

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3 years ago

Leas Corporation staffs a helpline to answer questions from customers. The costs of operating the helpline are variable with res

elena-14-01-66 [18.8K]

Answer:

d. $432,590

Explanation:

In this scenario cost varies with volume of calls. This is called variable cost and is defined as cost that changes as the quantity of goods and services changes. Variable cost is a summation of all the marginal costs of units produced. They rise as production increases and vice versa.

To calculate the variable cost= Total cost/ volume

Variable cost= 452,500/25,000

Variable cost= $18.10

At a new volume of $23,900

Total cost= Variable cost * Volume

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3 years ago