A country with an absolute advantage over another country achieves this if their production costs are lower.
Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage.
Answer:
a. 15
b. Since is a left tailed test the p value would be:
p_v =P(Z<-3.263)= 0.000551
Explanation:
a. 25% of 60 businesses surveyed=
25/100 x 60= 15
b. See attached image for solution
Answer:
Lois will save $152.51 when she wil transfer her balance.
Explanation:
Amount to be paid in 1 year for original credit card is given as
Here 
is the amount to be paid after P is the balance which is 970, 
is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so
Similarly for the second one the values are calculated as
The differnce of the two values is calculated as
The difference is $152.51 which she could save.
Answer:
D. Physiological.
Explanation:
Physiological Needs are the establishment of Maslow's hierarchy of needs and incorporate survival needs such as the requirement for sleep, nourishment, air, and proliferation. Physiological needs are the requirements we as a whole need separately for human survival.
<span>The demand for airline pilots results from the demand for air travel. This fact is an example of the derived demand for labor. Derived demand describes a </span>situation in which the demand of something causes demand for something else. Due to the growing demand of travel by air, the need for pilots grows as well.
