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Bingel [31]
3 years ago
14

How does a country determine whether it has a comparative advantage in the production of certain goods?

Business
1 answer:
Sergeu [11.5K]3 years ago
7 0

Answer:

Comparative Advantage: A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country as compared to the other country.

For determining comparative advantage, countries compare their good's opportunity cost with the other country's goods opportunity cost.

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Target marketing differs from mass marketing in that target marketing :_________
abruzzese [7]

Answer:

<em><u>B</u></em><em><u>) is tailored to fit some specific target customers while mass marketing aims at everyone with roughly the same marketing mix. </u></em>

4 0
3 years ago
Which of these innovations would not qualify as a dominant design? a. The two wheeled diamond frame bicycle b. Direct online ins
Alecsey [184]

The best answer for this question would be:

d. The 5 string bass guitar

 

This innovation is not a dominant design because it has already been done, and that the attempt of this 5-string would result in a musical failure.

7 0
3 years ago
If a company was trying to find the best production strategy which maximized their total profits using an optimization model, th
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Answer: Constraint

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The company data is not attached but this should be correct.

Constraints enable companies and entities to engage in sensitivity analysis which would enable them find out optimal quantities of production and production strategy.

Constraints show how much of something is needed to get something done so in making time the constraint, the company is trying to find out how much time is needed in the fabrication department for goods in order for profits to be maximized.

3 0
2 years ago
A rich singer has donated $450,846 to endow a university professorial chair in Bohemian Studies. If the money is invested at 12.
Sedaia [141]

Answer:

Annual withdrawal=  $57,032.02

Explanation:

Giving the following information:

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Interest rate (i)= 12.65%

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PV= Cf / i

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450,846= Cf / 0.1265

450,846*0.1265 = Cf

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7 0
3 years ago
According to the article, why might employers want to ensure that they have cause when terminating an employee?
lara [203]

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