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2 years ago

According to the concept of comparative advantage, a good should be produced in that nation where?

1 answer:

7 0

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

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General Widget partnership assets amount to $34,000 after liquidation. Frank, Gene, and Hank, equal partners, each contributed $

maks197457 [2]

Answer:

$7,000

Explanation:

Balance to be distributed = Assets amount after liquidation - Creditor - Gene loan to the business

Therefore,

Balance to be distributed = $34,000 - $23,000 - $5,000 = $6,000

Since there is no agreement among the partners regarding the distribution of profits, the amount to be distributed will be shared equally for each partners as follows:

Each partner's of the amount to be distributed = $6,000/3 = $2,000

Amount received by Gene = Loan amount from + Distributed balance share

= $5,000 + $2,000

Amount received by Gene = $7,000

Therefore, Gene gets $7,000 in distribution.

8 0

3 years ago

When Julius hears that there are going to be cutbacks in his department, he immediately calls his supervisor and asks for an ap

Darya [45]

Answer:

maladaptive coping

Explanation:

7 0

3 years ago

What are three items that the national government provide

ioda

1. Government
2. Military
3. Protection

Hope this helps.

6 0

3 years ago

On February 1st, your accrual based company incurs $500.00 for services. On February 25th, your company pays $300.00 towards the

Zigmanuir [339]

Debit Credit

Feb 1
Services 500
Accounts Payable 500

Feb 25
Accounts Payable 300
Cash 300

March 5
Accounts Payable 200
Cash 200

The entries made in March 5th zeroed out the Accounts Payable on the Services bought on account last February 1st.

3 0

3 years ago

Which of the following statements is true regarding the effect of group cohesiveness and performance norms on group productivity

ikadub [295]

At the point when both cohesiveness and performance norms are high, productivity will be high.

<u>Explanation</u>:

It is genuine with respect to the impact of gathering cohesiveness and execution standards on bunch profitability.

Gathering cohesiveness is one of the trademark highlights of the gatherings, which is significant from the behaviouristic perspective. Cohesiveness is how much the gathering individuals are pulled in to one another and are persuaded to remain in the gatherings. Cohesiveness characterizes the level of closeness that the individuals feel with the gatherings. It is comprehended as the degree of preferring every part has towards others in the gathering and how far everybody needs to stay as an individual from the gathering.

"Cohesiveness alludes to the degree of solidarity 'in the gathering and is reflected in individuals' adjustment to the standards of the gathering, the sentiment of fascination for one another and needing to be co-individuals from the gathering." Attraction, cohesiveness, and similarity are altogether interwoven. The more the individuals feel pulled in to the gathering, the more noteworthy will be the gathering cohesiveness. The more noteworthy the cohesiveness, the more prominent the impact of the gathering individuals to convince each other to adjust to the gathering standards. The more prominent the congruity, the more noteworthy the character of the individuals to the gathering and the more noteworthy the gathering cohesiveness.

8 0

3 years ago