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bogdanovich [222]
1 year ago
8

for each of the following goods that are imported in the united states, identify which of the three sources of comparative advan

tage (abundant inputs, specialized skills, or mass production) accounts for that country's comparative advantage.
Business
1 answer:
olya-2409 [2.1K]1 year ago
7 0

For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.

<h3>What is the significance of a comparative advantage?</h3>

A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.

Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.

Therefore, the significance regarding comparative advantage has been aforementioned.

Learn more about comparative advantage here:

brainly.com/question/13221821

#SPJ4

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When ivory started work at henderson textile co., she was amazed at its employees who would take thirty-minute restroom breaks,
vekshin1

Answer:

Organisational culture

Explanation:

Organisational culture is the unique personality of an organization or company. It is the culture of the company that influences how members of the company behave. The Assumptions, beliefs and values of the company dictates how the people working in the company behaves by influencing their actions, dressings and how they perform their jobs.

Every organization must develop and maintain its unique culture, to provide proper guidelines and boundaries for the people working there.

6 0
3 years ago
Windsor, Inc. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows:
Hoochie [10]

Based on the cost of the inventory to Windsor Inc, and the FIFO method, the gross profit for the month is C. $1,520

<h3>What is Windsor's gross profit?</h3>

FIFO means that the earlier goods are sold first.

210 units were left on hand which means that none of the Purchase on the 28th of January was sold.

The 15th Janaury purchase sold:
= 130 - (210 - 130)

= 50 units

The sales revenue is therefore:

= (260 + 50) x 9

= $2,790

The cost is:

= (260 x 4) + (50 x 4.60)

= $1,270

Gross profit is:

= 2,790 - 1,270

= $1,520

Find out more on FIFO at brainly.com/question/24137318.

#SPJ1

3 0
2 years ago
Which item(s) are tax deductible for consumers who are buying or renting a home?
ella [17]
D and E are the right ones
6 0
3 years ago
Read 2 more answers
Windsor Locomotive Corporation purchased for $550,000 a 40% interest in Lopez Railways, Inc. This investment enables Windsor Loc
Vanyuwa [196]

Answer:

Journal Entries

Dr. Investment in Lopez Railways Inc.  $600,000  

Cr. Cash                                     $600,000

Dr. Investment in Lopez Railways Inc                   $59,600

Cr. Income of Investment in Lopez Railways Inc $59,600

Dr. Cash                                                 $10,800

Cr. Investment in Lopez Railways Inc  $10,800

Explanation:

As Windsor Locomotive Corporation has purchased 40% interest in Lopez Railway Inc.Lopez Inc. is classified as the associate company of Windsor Corp.

Share in net Income = $149,000 x 40% = $59,600

Share In Dividend = $27,000 x 40% = $10,800

4 0
3 years ago
The income statement is reconstructed on a cash basis from top to bottom when the ________ method is used to prepare the operati
Elodia [21]

Answer:

Direct method

Explanation:

There are three types of activities in the cash flow statement under the direct method

1. Operating activities: It records those transactions which are related to the cash receipts and cash payments.

Like:

Cash flow from Operating activities  

Collections from customers

Less: Cash paid to suppliers and employees

Less: Interest and taxes paid

Net Cash flow from Operating activities

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

4 0
3 years ago
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