1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gre4nikov [31]
3 years ago
13

If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that

country ABC A. has an absolute advantage in producing good 1. B. will not wish to trade good 1 with country XYZ. C. will import good 1. D. has a comparative advantage in producing good 1.
Business
1 answer:
Zinaida [17]3 years ago
4 0

Answer:

has a comparative advantage in producing good 1

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. Country abc has a comparative advantage because it sacrifices fewer quantities of good 2.

Country abc should specialise in production of good 1, while country xyz should import from country abc.

A country has an absolute advantage in the production of a good or service If it produces more quantity of the good compared with other countries.

I hope my answer helps you

You might be interested in
What is the loanable funds​ market? The loanable funds market is​ ______. A. the aggregate of the bond and stock markets B. the
Allisa [31]

Answer:

C. the aggregate of all the individual financial markets

Explanation:

The loanable funds market is​ the aggregate of all the individual financial markets

5 0
3 years ago
Kyle is trying to decide which brand of diapers he should buy for his newborn daughter. each of the brands has its own unique fe
erastovalidia [21]
He chose the one that he was familiar with.  Please mark Brainliest!!!
6 0
3 years ago
Read 2 more answers
A person strongly feels that going into debt is wrong. This is an example of the influence of:
Nataly [62]

A person powerfully feels that go off into debt is incorrect. This is an instance of the powerfulness of marketing and advertising.

<h3>What is marketing and advertising?</h3>

Marketing is defined as the process of discovering a consumer's needs and selecting some effective mode to communicate those demands.

Advertising is the practice of marketing a business concern and its products or services through pay off channels. To put it another way, advertising is a part of marketing.

Marketing and advertising aggressively convinces everyone that going into debt is a bad idea.

Therefore, option C is correct.

Learn more about the marketing, refer to:

brainly.com/question/13414268

#SPJ1

5 0
2 years ago
Organizing draws heavily on a supervisor conceptual skills, but leading requires good ________ skills.
Zanzabum

Organizing draws heavily on a supervisor conceptual skills, but leading requires good communication skills. Therefore, the option D holds true.

<h3>What is the significance of communication skills?</h3>

The communication skills of an individual can be referred to or considered as the degree of skills that a person possesses when he or she is involved in communication with others.

Good communication skills are considered as ideally indispensable to be able to lead a team or a group in an organization, which is completely in contrast to the skills required under organizing.

Therefore, the option D holds true and states regarding the significance of communication skills.

Learn more about communication skills here:

brainly.com/question/8421446

#SPJ4

The question seems to be incomplete. It has been added below for better reference.

Organizing draws heavily on a supervisor conceptual skills, but leading requires good ________ skills.

A. coordination

B. Interaction

C. Both A and B

D. Communication

4 0
2 years ago
Frictional unemployment occurs because in a world of imperfect information, it takes ________ for people to find jobs.
adelina 88 [10]

Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.

<h3>What is Frictional unemployment?</h3>

Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.

In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.

The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.

To learn more about the,  Frictional unemployment visit:

brainly.com/question/14210020

#SPJ4

3 0
2 years ago
Other questions:
  • Muy Bueno Bakery Company sells three different products. Currently they are not able to meet all of their customers' demand. Usi
    5·1 answer
  • To be successful a topic must be appropriate the audience, speaker and
    11·1 answer
  • Describe an example of a company that manufactures a product.
    14·1 answer
  • A roofing company would like to implement a new method for giving estimates. The owner has narrowed his choice to three differen
    9·1 answer
  • The fundamental relationship between savings and investment spending in an economy is that: A. savings will increase as investme
    10·1 answer
  • A mandate is an informal order that is given by a higher authority to suggest change. Please select the best answer from the cho
    9·1 answer
  • In the labor market, the supply curve represents A) the workers and the demand curve represents the product of the labor. B) the
    5·1 answer
  • The difference between your sales and your cost of goods sold is known as your what
    11·1 answer
  • Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in
    8·1 answer
  • Xetci u popping up everywhere.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!