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BaLLatris [955]
3 years ago
8

When a country has a comparative advantage in producing a certain good, a. the country should import that good. b. the country s

hould produce just enough of that good for its own consumption.
Business
1 answer:
dedylja [7]3 years ago
7 0

Answer:

None of the option is correct.

Explanation:

Principle of comparative advantage states that a country has a comparative advantage in producing a certain goods if the opportunity cost of producing those goods is lower than the other country. A country is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.

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Vijay Inc. purchased a 3-acre tract of land for a building site for $420,000. On the land was a building with an appraised value
PtichkaEL [24]

Answer:

$433,900

Explanation:

The computation of the capitalized cost of the land is shown below:-

Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building

= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500

= $420,000 + $12,000 + $900 + $2,500 - $1,500

= $435,400 - $1,500

= $433,900

5 0
3 years ago
Which of the following is a limitation of a process layout?
ki77a [65]

Answer:

b. It has higher worker skill requirements.

Explanation:

In a process layout or functional layout, all machines and equipment of same functional use or type are placed in a particular and distinct department from machines and equipments of different functional use or type. In simple words, one type of machines are placed in a different space together. For instance, welding machines are together placed in welding department, grinding machines and equipment are placed in grinding department and so on.

Process layout uses the equipments and machines that are already within the process, it just places it differently and no specialized equipment are needed.

Machines and equipments require high and long term investments and the machines and equipments used in process layout are exactly the same.

7 0
4 years ago
If a competitive firm can make enough revenue to cover its variable costs, the firm will?
creativ13 [48]

If a competitive firm can make enough revenue to cover its variable costs, the firm will: choose to remain open.

Variable costs are costs that alternate as the amount of the coolest or carrier that a enterprise produces modifications. Variable charges are the sum of marginal fees over all gadgets produced.

They also can be taken into consideration normal charges. fixed prices and variable costs make up the two components of overall price.

Variable costs are costs that change as the quantity changes. Examples of variable costs are raw materials, piece-rate hard work, production substances, commissions, transport prices, packaging components, and credit score card prices. In some accounting statements, the Variable prices of production are referred to as the “fee of goods offered.”

Learn more about variable cost here  brainly.com/question/14107176

#SPJ4

7 0
2 years ago
Financial institutions pay___
Dmitriy789 [7]

Answer: B

Explanation: I work for a bank.

3 0
3 years ago
Read 2 more answers
- - - - - is the fundamental goods or services offered to the consumer
AlexFokin [52]
The answer is core product. 
 Core product is the fundamental goods or services offered to the consumer.
3 0
3 years ago
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