Under the condition that country X can manufacture cars more cheaply. An absolute advantage devours in a country if it makes good over alternative country and uses a smaller amount of wealth to yield that good. The result of a country’s natural legacy is the absolute advantage. Another example is extracting oil in Saudi Arabia is pretty much just a matter of drilling a hole. Generating oil in other countries can is essential substantial exploration and costly technologies for drilling and extraction if certainly they have any oil at all. The United States devours about the richest farmland in the world which manufacture it at ease to grow corn and wheat than in many other countries. Guatemala and Colombia partake environment particularly suitable for growing coffee. Chile and Zambia have about of the world’s richest copper mines. As some have claimed that geography is destiny. Chile will bargain copper and Guatemala will harvest coffee and they will trade. When each country has a product others necessity and it can be manufactured with fewer resources in one country over another then it is easy to visualize all parties do good from trade. Thinking about trade just in relations of geography and absolute advantage is incomplete. Trade actually happens because of comparative advantage.
Answer:
Process Costing
Explanation:
Process Costing allows so many units to be in production at the same time which are identical. The cost of each unit can be determined by calculating the average price using to total units produced.
Answer:
I think that it is C I am not sure tho
Explanation:
Answer:
take good notes and ask good questions
Explanation:
- why because taking good notes help you go through back again, ask good questions keeps it in ur <em>mind</em><em>.</em><em>.</em><em>.</em><em>.</em>
<span>The late 1800's is known as the "production era" of marketing. It lasted from the 1860's to the 1920's, and entailed lowering costs of production, and therefore lower product costs for consumers as a result of the industrial revolution. Essentially, products were marketed by passing along the cost savings of mass production to consumers.</span>
