Answer:
a.Canada has a comparative advantage over other countries and Canada will export wheat.
Explanation:
In the case when the domestic price is less than the world price of wheat so it is shown that there is the comparative advantage over the other countries due to this the canada would export the wheat. Also the demand is less or the supply of the wheat is higher. So ultimately it decrease the opportunity cost of generating the wheat
Therefore the above represent the answer
Answer:
The correct option is A and B.
Explanation:
The following will lead to increase in the productivity of the business.
1. By increase in the physical capital stock of each worker
2. By increasing the human capital of each worker.
Increasing in human will lead to increase in productivity and also the increase in the physical capital, the worker will able to increase the productivity.
Answer:
I would work with the wireless media. More, specifically the radio as electrical waves are transmitted through the air and it enables mobile network communication. This is the era of smartphones and the more we can fit into our phones—securely of course—the faster we can get work done considering data is portable.
Explanation:
Answer:
Manufacturing overhead rates based on direct labor will increase and the total overhead itself will increase as a result of the increased use of equipment instead of direct labor.
Explanation:
When overhead rates are based on direct labor and automated equipment replaces direct labor, the number of direct labor hours will decrease. This will cause an increase in the predetermined overhead rates since fewer direct labor hours will now divide the same or even an increased level of overhead. Even the overhead costs will increase from the replacement of direct labor with equipment.
Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.
