Country A would have absolute advantage because it produces the most pounds of bananas per year per growing acre.
<h3>What is Absolute advantage?</h3>
This is defined as the ability to produce more than available competitors in the market.
Country A produces more pounds of bananas per year per growing acre which is why it has an absolute advantage over country B.
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Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
Answer:
Month 1 = 5.3 Days
Month 2 = 4.9 Days
Month 3 = 3.9 days
Month 4 = 4.5 Days
Explanation:
The computation of throughput time for each month is shown below:-
Throughput time = Process time + Inspection time + Move time + Queue time
Month 1 = 0.7 Days + 0.6 Days + 0.6 Days + 3.4 Days
= 5.3 Days
Month 2 = 0.7 Days + 0.6 Days + 0.5 Days + 3.1 Days
= 4.9 Days
Month 3 = 0.7 Days + 0.4 Days + 0.4 Days + 2.4 Days
= 3.9 days
Month 4 = 0.4 Days + 0.6 Days + 0.8 Days + 1.7 Days
= 4.5 Days
Therefore for computing the throughput time for each month we simply applied the above formula.
Answer:
A week later, you browse through the trend reports.
