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Olenka [21]
2 years ago
14

Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those

items for which it is a low-opportunity cost producer and trades for those things that it could produce only at a high cost. This statement best describes the
Business
1 answer:
Dmitry [639]2 years ago
4 0

Answer:

law of comparative advantage.

Explanation:

Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those items for which it is a low-opportunity cost producer and trades for those things that it could produce only at a high cost. This statement best describes the law of comparative advantage.

Comparative advantage can be defined as ability of a country or business entity to produce goods and services at a lower opportunity cost than others such as their trade partners. Hence, the most important benefit of the comparative advantage is that, it gives a country or business entity the ability to sell their finished goods and services at a lower price in comparison with its close competitors and consequently, resulting in a stronger sales margins.

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Aiden and Priya believe automation is necessary so Bergman’s can be ______, not ______.
denpristay [2]

Answer:

Bergman’s can be more efficient, not cumbersome to consumers

Explanation:

Priya acknowledges that competitors are changing its purchase method to an automated one. She sees the trend in consumer behavior and establishes that Bergman has to adopt this new method to be up to date in regards to market best practices.

Therefore, changing to an automated sales, Pryia believes that Bergman will be more modern, efficient and faster.  

5 0
3 years ago
Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
denis23 [38]

Answer:

The answer is: $4,522

Explanation:

Since Stanford doesn't operate in the restaurant business and doesn't buy the restaurant, he cannot deduct any amount for investigation costs relating to the restaurant.

Stanford doesn't operate in the bakery business but he bought the bakery, so he can deduct up to $5,000 (before amortization) for investigation costs related to the bakery. But those $5,000 are reduced by every dollar he spent over $50,000, so he can only deduct $4,000 [= $5,000 - ($51,000 - $50,000)].

The remaining $47,000 (= $51,000 - $4,000) can be amortized over 180 months, which equals $261 per month (= $47,000 / 180 months).

Since he bought the restaurant in November, he can deduct two months: $261 per month x 2 months = $522

So his total deduction for investigation expenses is = $4,000 + $522 = $4,522

3 0
2 years ago
Nevin is a longtime teacher supervising a group of very eager, very dedicated teach for america volunteers who are excited about
vodka [1.7K]
The correct answer is "People-Oriented Leadership".

People-Oriented leadership refers to the kind of leadership, wherein a leader takes initiative and also believes that communication from one worker to another can be a good cause for effective teamwork. Nevin believes that social interaction can be a good cause for unity and a harmonious workplace to achieve goals easily.
6 0
2 years ago
Read 2 more answers
Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer t
Margarita [4]

Answer:give me Brainliest

Explanation:

4 0
2 years ago
Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand at the start of the month,
aalyn [17]

Answer:

A. 40,000

Explanation:

Data provided

Sold units = 39,000

Beginning units = 16,000

Ending units = 17,000

The computation of units is shown below:-

Production units = Sale unit + Desired ending inventory - Beginning inventory

= 39,000 + 17,000 - 16,000

= 56,000 - 16,000

= 40,000

So, for computing the production sales we simply applied the above formula.

6 0
3 years ago
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