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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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Which of the following is a weakness of publicity? Publicity has high absolute costs. Publicity is difficult to receive good fee
Fittoniya [83]

Answer:

There is a lack of user control over publicity.

Explanation:

Publicity is the degree of awareness of a product, company or service. It is the movent of information from the source to the general public.

One of the weakness of publicity is the lack of control the user or source has over it. Once an information is given to the public they form a perception and spread it in a way that the original source cannot control.

The lack of control a user has over publicity can have adverse effects, for example when negative publicity is circulating in the market a company is operating, it can lead to loss of revenue.

7 0
3 years ago
The interest rate that lenders publish or advertise is usually:
ivann1987 [24]

Answer:

It’s A the nominal interest rate

Explanation:

8 0
2 years ago
Suppose timothy consumes two goods, soda and chips. the slope of his indifference curve for these two goods reflects:​
Ierofanga [76]

Answer: The rate at which he is willing to substitute one good for the other

Explanation: Indifference curve shows the combination of two goods that give the consumer the same level of satisfaction. the slope of this indifference curve shows how much the consumer is willing to substitute one good for the other in order to keep utility constant.

Slope= \frac{Change in x}{Change in y}

Slope of Indifference curve for soda and chips shows how much soda Timothy is willing to substitute to get 1 additional unit of chips.

Slope=\frac{Unit of soda foregone}{Units of chips gained}

So, the correct option is the rate at which he is willing to substitute one good for the other.

6 0
3 years ago
For which buyer would a lender most likely approve a $200,000 mortgage?
jolli1 [7]
I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years. 

5 0
3 years ago
Read 2 more answers
An ____________________ makes you distinctive, helping you differentiate yourself from rivals.
zloy xaker [14]

An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.

<h3>What is Order winners?</h3>

Order winners can be defined as the process that make  standard out or unique making more customers to be attracted to your product.

Customers tend to often look at price ,product quality before determining whether the buy a product or not, based on the order winner gives you competitive advantages as it drawn customers to your product.

Therefore An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.

Learn more about order winners here:brainly.com/question/14755245

#SPJ1

8 0
2 years ago
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