Answer:
The correct answer is option b.
Explanation:
Comparative advantage refers to the situation where an individual, firm or nation can produce a good or service at a relatively lower opportunity cost.
If the US has a comparative advantage in the production of spreadsheet software it means that the US can produce it at a lower opportunity cost.
The US specializes in the production of spreadsheet software, so with the opening up of trade, it will be benefited from a higher price. Since the other countries can produce at a higher opportunity cost, the world price must be higher.
As a result, the producer surplus in the US market will increase.
The best way to assess to this situation is to ask the team members to organize the task that is needed to be done, in which it shows the process of multi tasking, so that more customers could be handled. Another thing, it is best to do the most prioritize task of which customers accumulate in, in order to lessen the customers that are waiting for the service. Lastly, it is best to focus on the task that are assigned and to do it quickly and efficiently, to get the job done.
Answer:
$27,000
Explanation:
Charlie's chocolate has investments of $66,000
Withdrawals is $28,000
The company revenues is $99,000
Expenses is $72,000
Therefore the net income can be calculated as follows
= Revenue - expenses
= $99,000-$72,000
= $27,000
Hence the net income is $27,000
Answer:
a. $5,850
Explanation:
Under the LIFO Method, the cost of good sold equals to
= January 28 units × cost per unit + Remaining units × cost per unit
= 100 units × $24 + 150 units × $23
= $2,400 + $3,450
= $5,850
Since the firm has sold 250 units, so out of which 100 units sold at a price of $24 and the remaining 150 units sold at a price of $23
Answer: (D) Best practices
Explanation:
The best practices is one of the technique that is using the best ways for achieving the desired goals and also the main objective of the business in an organization.
The best practices basically maintain the quality of the standards based on the bench-marking and also the self assessment.
According to the given question, by using the various the types of best practices methods we can achieving the business objectives and also successful for achieving the solutions.
Therefore, Option (D) is correct answer.