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Marizza181 [45]
3 years ago
7

When does one country have an absolute advantage over another country?

Business
1 answer:
Rashid [163]3 years ago
7 0
A country with an absolute advantage over another country achieves this if their production costs are lower.

Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage. 
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Lisa Frees and Amelia Ellinger have been operating a catering business for several years. In March, the partners plan to expand
melisa1 [442]

Answer:

See explanation

Explanation:

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3 0
3 years ago
Tara has studied to become a chemist. She particularly is interested in learning new
Pachacha [2.7K]

A large dairy manufacturer will be employing Tara.

<u>Explanation:</u>

A large dairy manufacturer would employ Tara as a research assistant or lab analyst or quality manager. It's been said that she had studied to become a chemist.

Since she's particularly interested in learning different innovated ways to keep the food safe it would be easy for her in handling, preparing and testing samples. Her studies would help her to perform standardized tests to determine the quality of the samples.

6 0
3 years ago
Roadway Paving Company contracts to buy some paving equipment from Stonework Earthmovers, Inc. Before either party performs, Sto
Naddika [18.5K]

Answer: demand assurances of performance from stonework

                                         

Explanation: In simple words, assurance of performance refers to the written guarantee from the service provider that the service will be preformed as per the fixed guidelines.

These assurances is very common in contracts  which requires specific performance or performance from a specific person or an entity.

These contracts can be used in the court of law in case any conflict between the related party happens in future, thus it provides satisfaction to the paying party to some extent.

6 0
4 years ago
You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding
dmitriy555 [2]

Answer: $31,513.65

my monthly payment (principal) would be closest to $31,514

Explanation:

Using compound interest formula below to find the principal

A = p (1 + r/n)^nt

A= amount = $34,000

r = annual nominal rate = 1.9% = 0.019

n = number of compounding ; monthly compounding means 12 interest payments in a year

P= principal

t= time in years 48months = 48/12years = 4years

34,000 = p (1 + 0.019/12)^12(4)

34,000 = p (1 + 0.00158333333)^48

34,000 = p ( 1.00158333333)^48

34,000 = 1.07889755p

Divide both sides by 1.07889755

P = $31,513.6502

≈$31,514 to nearest whole number.

5 0
4 years ago
Listed are eight transactions the Foster Corporation made during November.
Taya2010 [7]

Answer:

See explanation section

Explanation:

See image below to get the answer

5 0
4 years ago
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