What is the law of comparative advantage?

1 answer:

3 0

A country is better off producing the goods and services that it has a comparative advantage supplying.

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When workers are able to augment their stock of human capital, they can expect to?

ankoles [38]

Answer:

(receive higher wages that reflect an increase in their value of marginal product.)

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1 year ago

As one of the top managers at DropLabs, Henry ensures that all his employees are given the right to speak freely with their mana

Mice21 [21]

Answer:

The Common Good Ethics Approach.

Explanation:

It is been argued that the best society is been guided by the people's general will.This was postulated by a French philosopher by name Jean Jacques Rousseau who lived in the year 1712 to 1778.

This approach to Ethics empathizes respect and compassion for others,most especially those vulnerable.

The employers ability to voice out their grievances,suggestions and contributions to the daily running of the organisation coupled alongside the mangers compassion and respect for all individuals confirms to my first statement which says 'The best society is been guided by the people's will ' and that supports the common good Approach.

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3 years ago

Read 2 more answers

Select all that apply.

ahrayia [7]

Answer:

The answer is A.

Explanation:

B doesnt make much sense and C is just plain stupid

8 0

3 years ago

The discount rate assigned to an individual project should be based on: Group of answer choices the firm's weighted average cost

Inessa05 [86]

Answer:

none of the choices are correct

Explanation:

When the discount rate assigned for an individual project then it should be based on the risk i.e attached to the fund use needed by the project

There were various cases when a risky firm invested in a less risky project also if the same cost of capital is used so the firm could alter the decision of an investment in a negative manner

Therefore none of the choices are correct

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3 years ago

It takes 12 units of resources to produce 100 pounds of silk. It takes 13 units to produce 115 pounds of silk and 15 units to pr

stealth61 [152]

Because the additional output is produced with an increasing input in the production signals an example of diminishing returns to specialization.

<h3>What is a diminishing returns?</h3>

A diminishing returns to specialization is known to occurs if more units of resources are required to produce each additional unit.

In conclusion, the additional output which is produced with an increasing input in the production is an example of diminishing returns to specialization.