Answer:
A) accounting.
Explanation:
Given that
An accountant = $80,000
Cashier = $50,00
Cook = $20,000
Opera singer = $0
By considering the above information, we can concluded that
If we compare the wages in different scenarios, the Maggie can make a comparative advantage by adopting as accounting as it has higher wages compared to others. It also reflects the efficiency compares with the other activity
The debt-to-equity ratio is calculated by dividing total liabilities by net worth.
<h3>What is the
debt-to-equity ratio?</h3>
The debt-to-equity ratio is a financial ratio that is used to determine the credit worthiness of a business. It is determined by dividing the total debt by the total equity. The lower the ratio, the higher the credit worthiness of a business.
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Answer:
International Monetary Fund.
<h3>
What does International Monetary Fund?</h3>
- The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries.
- It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being.
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Answer:
cannot be reduced by producing less output.
Explanation:
In the case of the fixed cost of production that lies in the short run does not decreased while generating the lower output as the fixed cost are considered to be the independent on the other hand the variable cost changes with the output. Moreover, the total cost could be divided into the fixed cost where the firm could incurred prior generating an output
So the above statement should be considered
The combination of product lines offered by a manufacturer is called the firm's product mix.
<h3>What is a product mix strategy?</h3>
The total number of product lines and distinct goods or services that a business offers is its product mix. Alternatively known as product portfolio or product assortment. Product combinations differ amongst businesses.
Four main product mix strategies are as follows:
- Expansion: A business adds more product lines or product depth (i.e., varieties) inside lines.
- Contraction: A business reduces the variety of its products to get rid of underperforming ones or to streamline the remaining ones.
- Change an Existing Product: A business makes improvements to an existing product rather than developing a brand-new one.
- Product differentiation: A corporation advertises a product as being a better option than a rival product without changing it in any manner.
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