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Rina8888 [55]
3 years ago
12

What is the principle of comparative cost advantage​

Business
1 answer:
Harlamova29_29 [7]3 years ago
7 0

Answer:

The comparative cost principle underlines the fact that two countries will stand to gain through trade so long as the cost ratios for two countries are not equal. On the basis of Table 2.3, country A specialises in the production of X commodity, while country B specialises in the production of Y commodity.

Explanation:

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An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the sel
Tomtit [17]

Answer:

self financing

Explanation:

self-financing is an arrangement of taking care of mortgage by the seller instead of by finance institution. In this arrangement mutual understanding is set up between the buyer and seller on mortgage. some amount of money is set aside as down payment by the buyer to the purchaser and the desired installment has made for further deposition of loan.

6 0
4 years ago
Assume that at the current market price, a perfectly competitive firm's profit-maximizing level of output yields total revenues
wlad13 [49]

Answer:

c. The firm is earning zero economic profit and should continue to operate.

Explanation:

This is because at that point firm has not earned any profit or facing a loss.

6 0
3 years ago
True or False: A rebate and a discount are the same.
crimeas [40]
False



hope it is correct
4 0
3 years ago
Which two tasks does an industry safety and health engineer perform?
kolezko [41]

Answer:

They both care for the well-being of people and they also keep people safe.

I'm assuming

8 0
3 years ago
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp
Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0
2 years ago
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