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leonid [27]
1 year ago
15

What is the difference between comparative advantage and absolute advantage?

Business
1 answer:
goldenfox [79]1 year ago
6 0

Answer:

Absolute Advantage: The ability of an actor to produce more of a good or service than a competitor.

Comparative Advantage: The ability of an actor to produce a good or service for a lower opportunity cost than a competitor.

Explanation:

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The nurse instructs a client on how to collect a 24 hour urine specimen for a creatinine clearance test. which statement by the
snow_lady [41]

Answer:

A statement from the patient expressing a lack of understanding or an inability to obtain the specimen will cause the nurse to intervene.

Explanation:

Intervention in nursing practice entails being an educator, properly educating patients and patient relatives on diagnostic procedures. improvement of health and sample collection. Intervention also entails advocating for the patient to family and friends when necessary.

If a patient has to collect a 24 hour urine sample and because of a lack of understanding caused by improper communication or other underlying medical defects, the nurse intervenes by ensuring the patient gets help in the sample collection process.

If the patient also expresses a lack of access to a proper toilet system, the nurse could intervene in advocating for the patient to be provided closer proximity to a functioning toilet system.

6 0
3 years ago
Corny and sweet grows and sells sweet corn at its roadside produce stand. the selling price per dozen is​ $3.75, variable costs
shepuryov [24]
Breakeven point in units=
Fixed cost÷[selling price-variable cost]

Breakeven point in units
=750÷(3.75−1.25)
=300 units
3 0
4 years ago
On January 1, 2017 Preibus acquired 100 % of Spicer. This acquisition was not a bargain purchase. On the date of acquisition, Sp
ladessa [460]

Answer:

Dr Investment in Spicer $123,000

Cr Equipment $123,000

Dr Equipment $24,600

Cr Depreciation expense $24,600

Explanation:

Preparation of the consolidation adjustment that must be made to the Equipment account when preparing consolidated statements for Preibus as of 12/31/2017

Dr Investment in Spicer $123,000

Cr Equipment $123,000

(1,600,000-1,723,000)

(To record the equipment at their fair value)

Dr Equipment $24,600

Cr Depreciation expense $24,600

($123,000/5 years)

(To record excess Depreciation charged on overvalued Equipment)

4 0
3 years ago
When no-par stock is issued, the entire proceeds are credited to Capital Stock and this amount is viewed as legal capital not su
zhannawk [14.2K]

Answer:

True

Explanation:

If there is no-par stock is issued, the entire proceeds are credited to Capital Stock. Also, the amount we get in for this capital amount can not be legally withdrawn for any purposes. It also reduces any responsibility faced from payable by the issuance of no face value. The journal entry will be as follows:

Cash Debit

Common stock Credit

6 0
3 years ago
To what degree can governments control prices or quantities of goods and services exchanged?
gulaghasi [49]
<span>Governments have two main mechanisms for controlling the prices or quantities of goods and services exchanged, subsidies and taxes. Subsidies can be used to manipulate supply by rewarding supplies for producing, or not producing a target good. For internal trade, taxes can be used to manipulate demand by raising the cost of goods sufficiently that the potential pool of willing buyers is reduced. For external trade, tariffs offer similar effects.</span>
5 0
3 years ago
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