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ella [17]
3 years ago
10

When one nation can produce a product at lower cost relative to another nation, it is said to have a(n) __________________ in pr

oducing that product.a. relative advantageb. absolute advantagec. economy of scaled. production efficiency
Business
1 answer:
Naya [18.7K]3 years ago
8 0

Answer:

absolute advantage

Explanation:

An absolute advantage is the ability of a company, country, business, or individual to produce similar quantities of goods or services using fewer inputs. A producer with an absolute advantage can manufacture a product using a lower cost, or more efficiently than competitors. It means they can avail the product to the market at a lower price than any other company or country.

Absolute advantage is the basis for international or regional trade.  A firm or a country will specialize in producing products they can manufacture at a lower price and export them. Processing at a lower cost or efficiently gives a firm or country a big advantage in the market. Businesses prosper because they maximum in areas they have an absolute advantage.

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Joint stock companies were organizations meant to establish colonies in the americas by people from
Alex17521 [72]

Answer:

Britain

Explanation:

Once they landed in America, the British set up a joint stock company, which was the start of what we now recognize as a corporation These stocks were marketed to investors with the thought of getting some cash, which created minimal-risk capital.Citizens embraced the idea as there was minimal risk and significant benefit. It really is accurate, therefore, that joint stock companies were organisations planned by the British to create colonies in America.

7 0
3 years ago
Read 2 more answers
Brian makes ​$27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,
Sophie [7]
<span>To find the amount of FICA taxes one has to contribute, there are two values needed. First, the Social Security tax rate is 0.062 (6.2%) on the first $127,200 in wages, and then the Medicare tax is 0.0145 (1.45%) on the first $200,000 in income. Adding these two figures gives the total FICA taxes. 6.2 percent of $27,000 is $1,674, and 1.45 percent of $27,000 is $391.50. Adding these two values together (1674 + 391) gives a total of $2,065, or choice (A).</span>
5 0
3 years ago
Benjamin Graham, the father of value investing, once said, "In the short run, the market is a voting machine, but in the long ru
Ber [7]

Answer:

1- a. A stock's intrinsic value is based on true investor return.

2- a. Most investors prefer companies that can rise prices beyond reasonable levels.

b. Successful companies can avoid raising external funds in the financial markets.

Explanation:

Intrinsic value of a company's stock is the real value of stock which is based on systematic factors affecting the company. The factors affecting the intrinsic value of company are usually internal factors. The performance of company management, employee satisfaction and its operational efficiencies are the factor which drive intrinsic value of a company.

6 0
3 years ago
Dream, Inc., has debt outstanding with a face value of $6 million. The value of the firm if it were entirely financed by equity
Deffense [45]

Answer:

$650,000

Explanation:

For computing the decrease in the  expected bankruptcy costs, first we have to determine the total firm value in each case which is shown below:

Total firm value = Equity + Debt × corporate tax rate

                          = $17,850,000 + $6,000,000 × 0.35

                          = $17,850,000 + $2,100,000

                          = $19,950,000

Now the total firm value based on market share

= Equity + Debt

= 350,000 shares × $38 + $6,000,000

= $13,300,000 + $6,000,000

= $19,300,000

The difference would be

= $19,950,000 million - $19,300,000

= $650,000

5 0
3 years ago
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