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Alja [10]
3 years ago
12

"you should never buy precooked frozen foods because the price you pay includes the labor costs of preparing food." is this conc

lusion always valid, or can it be invalidated by the law of comparative advantage
Business
1 answer:
dimulka [17.4K]3 years ago
5 0
<span>For precooked frozen foods, you will always pay for the cost of packaging and the cost to get the chicken, or labor. This conclusion is always valid if you choose to buy the precooked food from the grocery store, where prices will be marked up for profit, as well.</span>
You might be interested in
8.2 briefly describe the planning process. be sure to include summaries of the strategic, operating, and financial plans. 8.7 wh
stellarik [79]

Planning process can be dined as the process to plan for future that aids in the organisational success of the organization or within the healthcare market.

The process of carrying out our future plans of action in order to contribute to organisational success is known as planning. The fundamental beliefs that serve to define and establish the organization's basis are represented by its strategic organisational values.

The road map that carries out the organisational strategic strategy includes operating plans. It includes all of the guidelines required to achieve all goals. It includes advice on how to carry out a task successfully. The five-year plan is regarded as the financial plan. It focuses on the organization's overall financial health, investments, and funding. It gives a general summary of the company.

To know more about planning, refer to the following link:

brainly.com/question/24864915

#SPJ4

3 0
2 years ago
Straying from the tactics of counterparts in the region, the Tupamaros opted to battle urban centers instead of rural regions, a
IrinaVladis [17]

Answer:

Carlos Marighella

Explanation:

Carlos Marighella is a Brazilian who is considered to be the leading theoretician of urban terrorism, Marighella's theories on urban guerrilla warfare considered cities as a key point of support for the peasant's armed rebellion. He was an advocate of urban guerrilla warfare as means to assist a larger scale rural uprising, the Tupamaros modelled their operational guidelines on this principle and focused nearly all their attacks and attention on the capital of Uruguay which is an urban settlement with some vague commitments to support rural movements and with an intention of using urban insurgency to spank a more general rural setting.

8 0
3 years ago
Read 2 more answers
An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets and equity,
pychu [463]

The correct answer is "ending inventory of one period is the beginning inventory of the next period."

An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets, and equity, but also the next period's statements because ending inventory of one period is the beginning inventory of the next period.

That is why the manager has to be strict regarding the inventory of a company. Inventory has a cost that can be translated into money. So accountants have to be perfect regarding the inventory. So yes, ann error in keeping the inventory affects the company in that the ending inventory of one period is the beginning inventory of the next period. An internal audit can reveal the mistakes in accurately keeping the inventory. So it is better to put extra attention in the process so nothing wrong would be revealed after the audit.

7 0
3 years ago
Frank Dewey Esquire from the firm of Dewey, Cheatum, and Howe, has been offered an upfront retainer of $30,000 to provide legal
Murrr4er [49]

Answer:

-39.3%

Explanation:

Calculation for the IRR of his retainer offer

First step is to find Opportunity Cost

Opportunity Cost= 8 hours × $250 per hour

Opportunity Cost = $2,000

Since we have known the monthly Opportunity Cost the second step will be to compute IRR

Present Value= $30,000

N = 12

PMT = -2,000

FV = 0

Now let compute the IRR

IRR= -3.276502% × 12

IRR= -39.3180% Approximately - 39.3%

Therefore the IRR of his retainer offer is closest to: - 39.3%

4 0
3 years ago
A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another
kotykmax [81]

Answer

Hi,

Correct answer option is {a}

Explanation

Comparative advantage occurs when a nation produces a good or service for a lower opportunity cost than other countries. In this case, the advantages of buying their goods or services will surpass the disadvantages. This is to say that country may not be the best nation in production of a particular good or service but the good or service offers a low opportunity cost for other nations to import. A good example is oil-producing nations who have a comparative advantage in chemicals because the oil is locally produced thus a cheap raw material for chemicals as compared to nations without oil production.

Best of Luck!

5 0
4 years ago
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