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OleMash [197]
3 years ago
12

If John can produce a good in less time than Fred then he has an absolute advantage in producing that good. True or False

Business
1 answer:
kogti [31]3 years ago
4 0

Answer:True

Explanation:

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In the market for sushi, an increase in the price of fish along with an increase in the popularity of sushi among consumers will
masya89 [10]

Answer:

The correct answer is (B) False.

Explanation:

Naturally, the price and the amount of equilibrium depend on the position of the supply and demand curves. When an event displaces these curves, the market equilibrium changes. The analysis of this change is called comparative static, because it involves comparing the old balance with the new one.

3 0
3 years ago
what is typically included in the reviewing stage of writing an effective business message? multiple choice setting a positive a
KonstantinChe [14]

Ensuring that the communication is fair is typically included in the reviewing stage of writing an effective business message. Option B

<h3>What is communication?</h3>

Generally, The act of transmitting information is often thought of as the definition of communication.

The word may also apply to the message that is sent by such transmissions or the area of study that is concerned with analyzing them. There are a lot of different perspectives on how precisely it should be defined.

Talking, writing, reading, and listening are all forms of communication. Communication is the process of exchanging information and receiving and providing it to one another. Good communicators pay attention to what others have to say, speak or write clearly, and appreciate a variety of perspectives.

Communication plays an important role in our day-to-day lives because it enables us to connect with people, share our thoughts, feelings, and experiences with them, and helps us form connections. The ability to communicate our ideas, emotions, and experiences with one another is essential to living a fulfilled life. We all need to communicate.

Read more about communication

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5 0
1 year ago
How does the ranking of spending by larger nations compare depending on which method is used to convert into a common currency?
tatuchka [14]

Answer:

There are two basic ways of comparing spending between different countries:

  1. By using the official exchange rate and their nominal value. Since the US dollar is the most "powerful" currency in the world, local currencies are exchanged to US dollars, then spending is measured in nominal US dollar values.
  2. Purchasing power party uses the US dollar as the base currency for the world and then compensates for changes in the exchange rates. This is usually more accurate since it compensates the fact that less developed nations are cheaper than rich developed countries. For example, a house in Switzerland is worth much more than a similar house in Mexico, therefore, the PPP compensates for this differences.

8 0
3 years ago
Strategically thinking, why might management opt for other than the most economical choice
Anton [14]

Answer:

Management might opt for other than the most economical choice because:

- Controlling. E.g. Franchise can be helpful to increase earnings fast but the uncertainly of quality supplied by franchisees can hurt a firm in the long run.

- Branding. E.g. Some firms have a reputation for their hand-made products. Industrialized production can reduce cost per unit and increase productivity but the brand surely is affected.

Explanation:

6 0
3 years ago
If the par value of a stock is $5 and the offering price of the stock is $2, the capital in excess of par is:
mr_godi [17]
You cannot compute for the capital in excess of par since you don’t have the number of shares but let us assume there are 100,000 shares.

If the Company sell 100,000 shares of its common stock for $2 per share, and the par value of each share is $5, then the amount of the capital in excess of par is 100,000 shares x $3/share, = 300,000 and is recorded:

Cash 500,000  

      Common stock ($2 x 100000) 200000

      Additional Paid-In Capital($3 x 100000) 300000
4 0
4 years ago
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