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3 years ago

Which is the best measurement to use to determine who might have the absolute advantage?

Business

1 answer:

Makovka662 [10]3 years ago

4 0

Answer:

<u>low opportunity cost</u>

Explanation:

<u>Opportunity cost</u> is described as a process in which an individual sacrifices something when they tend to choose one thing or option over another option or thing.

<u>Low opportunity cost: </u>The term "low opportunity cost" is determined as the possibility of an individual's chosen investment returns to be lower than the forgone investment's returns.

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Three reasons why people might accidentally overdraw are:

Schach [20]

Explanation:

Before answering the question, we need to know what overdraw means. So overdraw is basically the drawing the excess of money which the account of a person actually holds. In simple words, when the money in someone account is more than the amount he thinks. He thinks he has more amount in his account and when he tries to withdraw, he comes to know the real amount. This could be because of many reasons, three of which are as follows:

They withdraw the amount from ATM and they may not record it. secondly they may have made a mistake in their arithmetic while estimating their equity, and thirdly, they might have forgotten to make a deposit.

All these reasons could be the reason for overdraw.

4 0

3 years ago

A contest for an honor or an award is called?

seraphim [82]

Answer:

D. a competition.

Explanation:

A contest for an honor or an award is called a competition. The competition most times appears to be a thing not multiple people can attain at a time.

7 0

3 years ago

Read 2 more answers

Congratulations! You just won your state lottery and will be receiving a check for $1 million. You have always wanted to own you

Harrizon [31]

The break-even for your food truck business is $37,500.

Breakeven quantity are the number of units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Fixed cost is the cost that does not change with the unit of output. It remains constant regardless of the units of output produced.

Fixed cost of the business = $100,000 + $50,000 = $150,000

Variable cost is cost that varies with the units of output produced. Example are wages and cost of raw materials.

Variable cost of the business = $6.

Break-even = $150,000 / ($10 - $6) = 37,500

A similar question was answered here: brainly.com/question/3254072

5 0

2 years ago

For the current year, Delta Corporation has beginning and ending inventories of $80,000 and $100,000, respectively. Cost of good

PtichkaEL [24]

Answer:

The average days in inventory are 5 days

Explanation:

The average days in inventory is computed or evaluated as:

Average days in inventory = COGS (Cost Of Goods Sold) / Average Inventories

where

COGS (Cost Of Goods Sold) amounts to $450,000

Average Inventories is computed as:

Average Inventories = Beginning Inventory + Ending Inventory / 2

where

Beginning Inventory amounts to $80,000

Ending Inventory amounts to $100,000

Putting the values:

Average Inventories = $80,000 + $100,000 / 2

= $180,000 / 2

Average Inventories = $90,000

Now, putting the values above in the formula:

Average days in inventory = $450,000 / $90,000

= 5 days

6 0

3 years ago

Even though local newspapers are very inexpensive, people rarely buy more than one of them each day. This fact: Select one: a. i

ddd [48]

Implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost is the fact.

<h3>What is newspaper?</h3>

Newspaper is the paper that consist of the news in it, it publishes on the daily basis with the different news, there are different kind of news present in the paper like local news, international news, celebrities news, headline, exclusive news and others.

Thus, option C is correct.

For further details about Newspaper, click here:

brainly.com/question/14606545

#SPJ1

7 0

2 years ago