1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Monica [59]
3 years ago
9

Producers are driven by

Business
1 answer:
Reil [10]3 years ago
5 0
The correct answer is option c)

You might be interested in
According to the principle of comparative advantage, Group of answer choices countries should specialize in the production of go
Vanyuwa [196]

Answer:

should specialize in the production of goods for which they have a lower opportunity cost of production than their trading partners

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

Country A should specialise in the production of beans and B  should specialise in the production of rice

4 0
2 years ago
A balance is _____.
SpyIntel [72]
The amount of money you have in your account
4 0
2 years ago
Read 2 more answers
Trevor is a marketing professional in a small firm. He wants to promote his firm’s online shopping website. He targets only thos
MrRissso [65]
D ?
Inn bound marketing
3 0
3 years ago
Read 2 more answers
Albee Township’s fiscal year ends on June 30. Albee uses encumbrance accounting. On April 5, year 1, an approved $1,000 purchase
Mice21 [21]

Answer:

Encumbrances $1000

Reserved for encumbraces $1000

Explanation:

Encumbrance is in the debit because is the money that we have destined for the purchase and  since we have to get the money from our funds Reserved for encumbrances is in the credit.

5 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
faltersainse [42]
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
7 0
3 years ago
Other questions:
  • In its Declaration of Secession, South Carolina uses the Declaration of Independence to establish:
    5·1 answer
  • A customer’s order was never filled because an order entry clerk transposed the customer identification number while entering th
    6·2 answers
  • Chuck Diesel Burger is a food truck in Houston, Texas. Imagine that Chuck Diesel Burger’s minimum average total cost (ATC) is $3
    14·1 answer
  • Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year. a. Wha
    8·1 answer
  • What is considered a liability in finance and why is it being used?
    10·2 answers
  • Which is the other term for creative thinking?
    10·2 answers
  • A decline in interest rates is expected to __________.
    13·2 answers
  • g What is the bond equivalent yield of a bond if it has 100 days to maturity, a par value of $10,000, and is currently trading a
    9·1 answer
  • F r e e <br> p o i n t s . y o u r we l c o m e
    15·2 answers
  • In business, it is important to establish your _____ from your first day on the job
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!